Liability coverage under the homeowner's policy normally excludes coverage for any business use of the boat, so the boatowner should discuss the particulars with the insurance agent and decide whether to purchase business coverage. Intentional acts that result in damage are also excluded. Policies will also contain exclusions that bar coverage for borrowed or rented boats based upon motor size or boat length. The specific exclusions in the homeowner's policy should be reviewed. Check the policy, and discuss questions with an insurance agent.
Liability coverage is only available for certain smaller boats.
An insurance agent can help describe the coverage and the exclusions of a specific boatowner's policy. Uninsured boater's coverage is for bodily injury and protects the policyholder in the event of an accident with a boatowner without insurance. Coverage will not apply if the insured person is driving an uninsured boat. A boatowner's policy will cover general liability, such as when a boater causes injury to others. But it will exclude fines by government units, the insured person's liability to others in the boater's household, or liability a boater may assume under contract, etc.