Owning a boat opens the door to countless adventures on the water, from fishing trips off Cape Cod to sailing weekends on the Charles River. But just like owning a car or a home, having the right insurance coverage is an important part of protecting your investment. At Scotti Insurance, we’re proud to help Massachusetts boaters find the coverage they need—whether you’re cruising in Boston Harbor or anchoring in a quiet lakeside town.
In this blog post, we’ll answer common questions about boat insurance coverage so you can feel more confident about protecting your vessel.
What Types of Watercraft Might Be Covered Under Boat Insurance?
Boat insurance policies in Massachusetts may provide coverage for a variety of watercraft, including powerboats, sailboats, personal watercraft (like Jet Skis), and even some types of yachts. Coverage options can vary depending on the size, type, and intended use of the boat. For example, a small fishing boat used seasonally might have different coverage needs than a large cabin cruiser used year-round.
If you own a unique or custom-built watercraft, it’s worth discussing the specifics with your local insurance agent. At Scotti Insurance, we can help you find a policy that fits the kind of boating you do in Massachusetts waters.
Does Boat Insurance Cover Damage to My Own Boat?
Many boat insurance policies may include physical damage coverage, which could help repair or replace your vessel if it’s damaged in a covered event. This might include incidents like collisions with another boat, hitting a submerged object, or fire. Coverage often applies both while the boat is in the water and while it’s stored on land or in transit.
The extent of coverage often depends on whether the policy is based on “agreed value” or “actual cash value.” Agreed value coverage typically provides a predetermined amount if the boat is declared a total loss, while actual cash value coverage factors in depreciation.
Is Liability Coverage Included in Massachusetts Boat Insurance?
Boat insurance may offer liability protection, which could help cover costs if you’re found legally responsible for causing injury to another person or damage to their property while operating your boat. This is especially important in busy Massachusetts waterways, where boat traffic can lead to accidents.
Liability coverage might include payment for medical expenses, legal fees, or settlement costs resulting from a boating incident. Policy limits can vary, and you may have the option to purchase higher liability limits depending on your needs.
Are Passengers and Guests Covered Under My Policy?
Many boat insurance policies in Massachusetts may include medical payments coverage, which can help cover medical expenses for you and your passengers if someone is injured while on board. This type of coverage is typically available regardless of who is at fault for the accident.
Some policies might also offer additional protection for guest passengers in specific scenarios, such as watersports injuries or slips and falls on deck. However, coverage can vary, so it’s a good idea to review the fine print with a local agent like the team at Scotti Insurance.
What About Damage Caused by Storms or Sinking?
Boat insurance policies might offer coverage for damage caused by natural events, such as storms, high winds, or even sinking—provided the event is covered by the terms of your policy. For boaters in Massachusetts, where coastal weather can be unpredictable, this type of protection can be an important consideration.
That said, some policies may include exclusions or require specific precautions to be taken, like proper winter storage or regular maintenance. It’s helpful to understand what’s included—and what’s not—before the next nor’easter rolls in.
Is My Boat Covered When It’s On Land or In Storage?
Depending on the policy, your boat may still be covered when it’s out of the water, such as during off-season storage or while being transported on a trailer. Many Massachusetts boaters store their vessels during the winter months, and insurance can offer peace of mind in case of fire, theft, or other covered incidents.
Some policies may also offer limited protection for boating equipment, trailers, or accessories. Be sure to ask about specific storage requirements or location-based restrictions that could impact coverage.
What Types of Optional Coverages are Available?
Boat insurance can often be customized with optional coverages to better suit your needs. Popular add-ons in Massachusetts might include:
- Uninsured/Underinsured Boater Coverage – May help if you’re in an accident caused by someone without sufficient coverage.
- Towing and Assistance – Can help with emergency towing, fuel delivery, or mechanical assistance while on the water.
- Fishing Equipment or Personal Property – May offer protection for gear, electronics, and other personal items on board.
- Environmental Liability Coverage – Might help cover cleanup costs in the event of an accidental fuel or oil spill.
These options can be especially valuable depending on how often you use your boat, where you operate it, and what you keep onboard.
How Do I Get Boat Insurance in Massachusetts?
The best way to find the right boat insurance is by working with a local agency that understands the unique needs of Massachusetts boaters. At Scotti Insurance, we work with multiple carriers to help you compare coverage options, deductibles, and pricing. Whether you’re a weekend sailor or a full-time captain, we can help tailor a policy to fit your boating lifestyle.
We’ll also guide you through the process of understanding exclusions, coverage limits, and any discounts you may qualify for—such as bundling your boat insurance with your homeowners insurance or personal car insurance policy.
Contact Scotti Insurance today to learn more about your Massachusetts boat insurance options. Our experienced team is here to help you navigate the waters of coverage with confidence.
