What Does the BoatU.S. Marine Insurance Program Cover?

BoatU.S. marine insurance policies cover full salvage assistance, supplemental medical insurance, fuel spill liability, uninsured protection and dock contract liabilities. In addition, the company offers add-on coverage for ice and freezing, personal effects, water sports, and lower electronics, according to BoatU.S.

BoatU.S. offers insurance for fishing boats and gear, yachts, and personal water crafts. The company also has boat saver policies for owners who need less coverage. For owners who are concerned about third-party lawsuits, BoatU.S. has a policy that covers this possibility. The company also offers liability coverage in Mexico and separate policies for Canadian residents, states BoatU.S. Additional optional coverage repairs or replaces damage to the lower unit of an outboard motor or the upper and lower units of a stern drive motor due to mechanical breakdown.

All BoatU.S. policies include 24-hour claims service and dispatch assistance, such as towers, salvors and surveyors. Every policy is renewed with a 25 percent discount on each year's deductible as long as the owner remains claims free, until the deductible reaches zero dollars. Yacht policies provide complete hull value protection for the boat, motor and gear. There are also premium discounts for boating safety courses, multiple boat households and membership in the Coast Guard Auxiliary or Power Squadron, reports BoatU.S.