Whether you are a boating enthusiast or a professional fisherman, you will find a boat insurance necessary. Here are five boat insurance companies recommended for you.


Allstate, founded in 1931, is one of the largest personal insurers in the United States. It enjoys a high reputation for its good customer services and competitive prices. Allstate provides all kinds of boat insurances of various boat types. The minimum cost for an average policy is $21 per month. Apart from the low price, Allstate also offers many discounts, which makes it even more appealing. However, if you own a bigger coat or live in a hurricane prone place, the cost will be much higher.


Nationwide is a Fortune 100 company with a history of over 85 years. If you already have an insurance policy with the company, you can enjoy a multi-policy discount. Other perks include rental reimbursement coverage, optional on-water towing, labor coverage, etc. Besides, Nationwide has a rewards program which enables you to earn points as discounts to save money. Compared with Allstate, the cost of Nationwide is a little bit higher. To get coverage for towering, you will need about $500 to $2,500. Fishing equipment coverage requires $1,000 to $10,000, and coverage for personal effects entails $3,000 to $5,000.


Progressive is a widely known insurance company established in 1937. The company is dedicated to providing customers with the best savings without sacrificing coverage. The policies offered are tailored for customers. The minimum cost can be as low as $100 per year, and you may enjoy discounts by bundling several boats together within the insurance. However, though Progressive offers insurances for various boat types, their policy is only available for boats up to 50 feet long or boats (usually 11-20 years old) with values over $25,000.

State Farm

State Farm is also a broadly acknowledged name in the U.S. Established in 1922, the company now provides insurance for liability, property damage, reasonable repairs, wreck removal and so on. Particularly, State Farm provides emergency services coverage that can pay for your boat engine with a reasonable price. The defect is that the company does not have many discounts to offer.


SkiSafe is a leader in providing insurances for all kinds of watercraft and boats. Detailed insurance information is available to customers. In addition, customers are given a chance to have a free insurance quote for the boat. Consumers can also pay bills and report claims via an online account. You should notice that SkiSafe only provides annual policies.

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