Your “navigation territory,” or the waterways in which you use your boat, and the state in which you dock and keep it are two of the many variables that influence the price of your boat insurance. Your insurance rate can go up if you dock or store your boat in a location that is more likely to experience catastrophic weather occurrences. In addition, you can have a windstorm deductible. Your premium may change if you are required to carry particular coverages and restrictions by a state or marina. It matters where you use your boat as well. For example, the rate for boats used inland is usually less than the charge for boats used on coastal waterways.