Boat & Watercraft Insurance

Boat & Watercraft Insurance

Boating and watercraft pleasures are a grand lifestyle.  The vast waterways of the United States offer the pleasure boating and enjoyment of watercraft on the inland waterways, sport fishing off the Florida coast or cruising in the Pacific, can make the rest of the world and its worries can seem a million miles away. The Crestway Group (CWG) help protects this lifestyle. Ocean and marine insurers cater specifically to meet the needs of boat owners and their boating activities.  The Crestway Group has Boat & Watercraft Insurance programs that meet your needs with coverage for
PWC Bass Boats, Sailboats Runabout, Ski Boats, Pontoon Boats and more.

Boat Insurance Basics

Boat insurance programs are normally designed to cover boats up to 26′ in overall length. If the size of your vessel is greater than 26 feet, it’s generally considered a “yacht”, and therefore qualifies for yacht insurance.  Boat insurance provides physical damage coverage to repair your boat if it’s accidentally damaged or destroyed by a covered peril such as collision, fire, theft, windstorm, lightning or vandalism. This coverage is broad, and provides coverage for the boat, including its machinery and auxiliary equipment, outboard motors, boat trailer and personal property.

A Boat Insurance policy can provide physical damage coverage on an Actual Cash Value (ACV) or an Agreed Amount Value basis. Both types of boat insurance policies offer important coverages for your boat but there are significant differences.

Why Crestway Group

The Crestway Group (CWG) can help you obtain Boat & Watercraft Insurance to help protect you or a family member. Contact a team member in our Personal Lines Division to ask about assisting you in obtaining Boat & Watercraft Insurance coverage that will help protect your property.