Personal Watercraft Insurance
Alfa® Insurance provides physical damage coverage for watercraft, motor, trailer and covered accessories at 10 percent of your watercraft coverage. Additional accessory coverage is available for fire, explosion, lightning, theft and other perils.
Whether you enjoy weekends on the lake, fishing trips, or days spent cruising with family and friends, the right watercraft insurance can help protect you from unexpected costs. The Williams-Sims Agency can help you explore coverage options for your boat or personal watercraft, so you can spend more time enjoying the water with added peace of mind.
Included Coverages
Watercraft property insurance covered events:
- Lightning
- Theft
- Windstorm
- Launching
- Collision with another watercraft
- In-use collision with a water hazard
- In-transit collision
- Trailer overturn
- Emergency service
Example: You’re enjoying a relaxing weekend on the lake until your speed boat runs into a floating log and your boat is damaged. Physical damage coverage will pay to repair or replace your boat, up to the policy limits.
Alfa Insurance provides personal liability coverage for negligent acts for which you may be legally liable up to the limits of the policy. It also provides for the cost of defending lawsuits brought against you for a covered loss.
Example: You’re involved in a collision with another boat and there’s significant damage. The other party is suing you. Liability coverage may help pay for the legal costs associated, up to the policy limits.
This policy also provides medical payments for those who may incur medical expenses due to an accident that causes bodily injury which results from the use of the watercraft.
Example: You or a passenger on your boat suffers an accident that results in a bodily injury. Medical payments coverage can help pay for the costs associated with medical expenses, including hospital stays, x-rays, surgeries, etc., up to the policy limits.
Optional Coverages
Be prepared for the worst while traveling with your watercraft. Suffer a breakdown? Trip Interruption insurance will provide coverage up to the policy limit for meals and lodging in the city where the breakdown occurred while you await repairs to your boat or trailer.
Example: You travel hours away from home for a bass fishing tournament when your boat suffers a covered loss and you have to extend your stay until your boat is fixed. Trip interruption coverage may help pay for additional expenses from lodging and meals, up to your policy limits.
Your watercraft policy already includes coverage for personal property you may have on the boat such as cameras, cell phones, coolers, fishing and water-skiing equipment, but the amount of coverage may not be enough to cover all your belongings. Be sure you’re fully covered with this endorsement.
Example: Your boat was custom-built for you and tailored for your needs. The limits on your primary watercraft policy are not enough to cover the personal effects should you suffer a total loss. The personal effects increased coverage endorsement will help pay to repair or replace the damage after your physical damage coverage limit has been met, up to the endorsement’s limits.
Explore Our Insurance Options
