We Specialize in Michigan Boat Insurance
Boats and personal watercraft are significant investments, but if you love being out on the water, you know they’re worth it. So let’s make sure you protect your fun investment with a policy designed for boaters and not some standard auto policy or add-on to your homeowner’s insurance.
Mason-McBride can help make your time on the water relaxing and worry-free. You’ll get a competitive and comprehensive policy that protects you, your family, friends, and boat. Boat policies cost less than a dollar a day on average. You’ll love being on the water even more when you don’t have to worry about your safety, the safety of your passengers, or the safety of your boat.
What should you look for in a Boat Insurance policy? Mason-McBride can help you figure out what coverage is right for you.
Michigan Boat Insurance Coverage
- Navigational Area —Be aware of where you’re covered in water. Some insurance companies offer coverage extending up to 75 miles from the U.S. coastline, into Canadian coastal or inland waters, and Mexico’s Pacific coast. Additional coverage is available in California, Florida, and Oregon.
- Agreed Value Coverage — Just like cars, watercraft depreciate. When a boat gets stolen or destroyed, it can be tough to replace it with an actual cash value policy. So if your boat is a total loss, you’ll get its value minus any deductible.
- Liability — Upon being at fault for a boating accident, this coverage will pay for the repair or replacement of someone else’s property as well as for their medical care and lost wages.
- Medical Payments —Medical payments coverage will pay for any needed care after a boating accident. The scope ranges from $500 to $10,000 and covers you, your passengers, and even your water skiers/tubers, regardless of fault.
- Physical Damage Coverage —Physical damage coverage pays for your watercraft, its motor, any permanently attached equipment, and your trailer if it gets stolen or damaged.
- Uninsured/Underinsured Watercraft Bodily Injury —Many boaters choose not to get insurance since it’s not always mandatory. Imagine an uninsured or underinsured boater injuring you. This type of coverage pays for your medical bills, lost wages, and other costs in such a case.
- Fuel Spill Liability and Wreckage Removal —There’s a chance that your boat might leak oil or fuel if it sinks or gets seriously damaged. Owners of boats have a legal obligation to get this cleaned up, but it can be time-consuming and expensive.
- Personal Effects —Many personal effects can be covered by your policy, like clothing, cell phones, scuba/snorkeling gear, and fishing gear. Check with us to find out what your state requires. Personal effects coverage does not include jewelry, watches, or furs.
- Unattached Equipment Coverage — Equipment that is not permanently attached to your boat or personal watercraft but is designed to be used primarily on a boat can be repaired or replaced with this insurance—lifesaving equipment, water skis, anchors, oars, fire extinguishers, tarps, etc.
- Emergency Assistance —In case of a breakdown on the water, the Emergency Assistance Package covers towing, labor, fuel, oil, or a loaned battery.
What is the Cost of Boat Insurance?
Boat insurance rates are determined by several factors, including the type of boat, the length, number of engines, horsepower, how you intend to use it (recreational, charter, racing, etc.), and where it will be stored. All of these factors, as well as the owner’s experience and claims history, will affect the cost.
Get a Quote Started
The team at Mason McBride is happy to assist.
Whether you need Boat Insurance, Auto Insurance, Life Insurance, Homeowners Insurance, or a combination of coverages, our team of specialists can find a coverage plan that offers complete protection from the unexpected.