Central's Blog

Boatowner's Insurance

If you are a boatowner, you face a unique set of exposures to loss. Central's Boatowner's Insurance provides valuable protection for the boat, motor, trailer, and accessories, as well as liability coverage to protect you for liability for covered losses to others which arises out of operating your boat.

Some of the perils typically insured against include:

  • Fire, lightning and windstorm
  • Explosion, sinking or stranding
  • Theft and vandalism
  • Collision and damage while loading, unloading or launching
  • Highway collision or upset

Liability coverage generally protects you against legal liability resulting from covered claims of others for bodily injury or property damage.

Medical payments coverage (if purchased) applies to persons aboard the boat, including skiers who suffer bodily injury resulting from a covered loss.

For unsurpassed coverage at an unbeatable price, the Summit Boatowners Policy adds the following valuable coverages to the standard boat policy:

  • Expanded Emergency Service Coverage at a $1,000 limit
  • Personal Effects Coverage at a $1,500 limit
  • Non-Owned Boats at a $10,000 limit
  • Physical Damage Coverage for Substitute Boats
  • Physical Damage Coverage for Loss Caused by Animals

If you're into boating, check with a Central agent for further details about Central's preferred Boatowner's Policy or for an insurance quote.