A typical boat insurance policy may include the following coverages:
Physical damage. May cover damage to your boat due to a number of hazards, including theft or vandalism, collisions with floating objects or other boats and weather-related perils such as lightning, fire, waves, wind, hail and rain.
Liability. May provide help paying for damages you cause while operating your boat, including removal or disposal of your boat if it poses a hazard after an accident and clean up expenses due to oil contamination caused by the boat. This policy may also provide coverage for people who become injured while aboard your boat, including marina employees or mechanics.
Depending on where you plan to use and store your boat, your agent may recommend the following additional boat insurance coverages:
Hurricane haul-out coverage
Mechanical breakdown coverage
Roadside assistance or on-water towing
Coverage for carry-on personal property or fishing equipment
Trailer trip interruption
Ice and freezing damage coverage