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Boats & Watercraft

Image by Robert Baker

Martin Insurance Consultants can help make your time on the water relaxed and worry-free!


The average boat costs less than just a dollar a day to insure. As independent agents, we will find the right comprehensive protection for you, your friends and family, and your watercraft and boating equipment.


You’ll enjoy being on the water even more when you aren’t worried about the safety of yourself and your passengers, or your investment.

Do you know what to look for in a watercraft insurance policy?


Some items to consider when shopping for boat insurance in Arizona include:

  • Navigational area – Know where you are covered in the water. Some companies, such as Safeco Insurance, offer protection that covers you up to 75 miles from the U.S. coastline into Canadian coastal or inland waters, and into the Pacific coastal waters of Mexico. In California, additional coverage areas can also be purchased.

  • Agreed value coverage – Watercrafts depreciate just like automobiles. Actual cash value policies can make it difficult to replace a boat that has been stolen or destroyed. This means that if your boat is a total loss, you will get the value for which it was insured, minus any deductible.

  • Liability – Like car insurance, personal liability coverage provides coverage to other boaters and boat owners in the event you are at-fault for an accident on the water. This coverage will pay to repair or replace the property of someone else, as well as for their medical care, lost wages and other costs incurred as a result of a boating accident for which you are at-fault.

  • Medical payments – Pays for the cost of needed care that is the result of a boating accident. This coverage is available from $500 to $10,000 and covers you, your passengers, and even your water skiers/tubers, regardless of who is at-fault.

  • Physical damage coverage – Pays for the cost to repair or replace your watercraft, its motor, any permanently attached equipment and your trailer, if it is stolen or damaged.

  • Uninsured/underinsured watercraft bodily injury – Since boat coverage is not always mandatory, many boaters choose not to get insurance. If you are hit by an uninsured or underinsured boater and are injured, this type of coverage pays for medical treatment, lost wages, and other costs associated with the accident.

  • Fuel spill liability and wreckage removal – Should your boat sink or be seriously damaged, there is a chance that it could leak oil or fuel into the water. As the boat’s owner you are required by law to bear the burden of clean up costs, which can be time consuming and expensive.

  • Personal effects – Your policy can provide coverage for many personal effects, including clothing, jewelry, cell phones, scuba/snorkeling and other sporting equipment, and fishing equipment. Limits vary by state – check with us for information. Personal effects coverage does not include jewelry, watches or furs.

  • Unattached equipment coverage – Pays to repair or replace equipment not permanently attached to your boat or personal watercraft, but designed for use primarily on a boat, including lifesaving equipment, water skis, anchors, oars, fire extinguishers, tarps etc.

  • Emergency assistance – The Emergency Assistance Package provides coverage for towing, labor and delivery of gas, oil or loaned battery if the watercraft is disabled while on the water.

One size does not fit all.

Since every situation is unique, your insurance portfolio should consist of a unique blend of coverages, limits, deductibles, and premiums. With our individualized approach, you receive a portfolio as unique as you.

There when you need us.

Rest assured that when you have a claim, you are not alone.  Not only do we counsel you about your claim, we are also your advocates. Request your free, no obligation insurance review today!

We write insurance in Arizona, California, Colorado, Idaho, Illinois, North Carolina, New Mexico, Nevada, Pennsylvania, Utah, Washington, and Wyoming.

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