Progressive simplifies boat insurance giving you the freedom to take your boat on any lake or river in the United States plus ocean waters within 75 miles of the coast. By dropping the common requirements and restrictions other insurers may force on you, we make it easier to get the protection you need to get on the water right away.
Your price for boat insurance is based on numerous factors, including:
Boat insurance policies are generally affordable. More than 75% of Progressive’s boat insurance customers pay their policies in full.
Boat insurance is mandated in only a few states but, if you’re financing your watercraft, you’re typically required by your lender to carry comprehensive and collision coverage. Additionally, if you dock your boat, your marina may require you to show proof of liability coverage.
Comprehensive coverage protects against damage to your watercraft from incidents out of your control, including theft. Comprehensive doesn’t come standard on your boat policy; it must be added and is usually required by your lender if you finance your boat.
Progressive pays up to $1,000 for veterinary bills or death benefits if your dog or cat is injured or killed in a covered boating accident.