Hull / physical damage
Pays to repair or replace your boat after a covered loss such as collision, fire, theft or storm damage. Policies are written on an agreed-value or actual-cash-value basis, which changes how a total loss is paid.
FLORIDA BOAT & YACHT INSURANCE
Boat insurance for Florida waters.
Hurricane season, marina requirements and navigational limits make Florida marine coverage different from a policy written anywhere else. Coast & Marsh helps boat and yacht owners understand what they are buying and approach the insurers that fit the vessel.
Not sure what to expect?Get a rough annual premium range in about two minutes.
Try the cost estimator →What boat insurance covers
Most recreational policies combine several coverages. The names differ between insurers, but these are the pieces to look for.
Liability
Protects you if your boat injures someone or damages another person’s property. Higher limits matter more as boats get larger and carry more passengers.
Medical payments
Helps with medical costs for passengers injured aboard, regardless of fault, up to the policy limit.
Uninsured boater
Responds when an at-fault boater has no insurance or too little to cover your injuries.
Towing, wreck removal and salvage
Covers towing and assistance and, on many policies, the cost of removing a wreck or recovering a sunken vessel.
Personal effects and equipment
Gear, electronics, tenders and trailers are often covered separately or with sublimits, so check what is included.
Florida details that affect your policy
- Named-storm deductibles. A separate hurricane or named-storm deductible is common. It can be much larger than your standard deductible.
- Storm plans and haul-out. Some policies expect a hurricane plan or move the boat out of the water or to a safer mooring when a storm approaches. Read the conditions that apply during hurricane season.
- Navigational limits. Coverage usually applies within defined waters. Offshore trips, the Bahamas and the Keys can fall outside a standard limit.
- Marina and lender requirements. Marinas often ask for proof of liability coverage, and lenders require physical-damage coverage on financed boats.
What affects the price
- Insured value, age and condition of the boat
- Boat type and size, engine type and horsepower
- Where it is kept: wet slip, dry stack, trailer or lift
- Where and how far you cruise (navigational limits)
- Your boating experience and prior claims
- Use: private, chartered or any commercial activity
- Named-storm and hurricane exposure at your mooring
Insurers weigh these differently, which is why the same boat can be priced quite differently from one market to the next. Read the full breakdown in how much boat insurance costs in Florida.
How we help
Coast & Marsh is an advisory, not a single insurer. We collect the details about your boat, explain the coverage options and approach the insurance markets that fit the vessel. Eligibility, pricing and terms are always set by the insurer, and we do not promise savings or coverage.
Frequently asked questions
Is boat insurance required in Florida?
Florida does not generally require recreational boat owners to carry liability insurance. Marinas, lenders and some waterways often do, and going without leaves you personally responsible for damage and injuries.
What is a named-storm deductible?
Many Florida marine policies apply a separate, higher deductible to damage from a named storm, often a percentage of the insured value. Ask how it is calculated before you buy.
Do I need a marine survey?
Insurers often ask for a survey on older or larger vessels, and some require one before they will insure a boat you have just bought. Requirements vary by carrier and boat.
Can I get insured if I keep my boat on a trailer?
Yes. Trailered boats are insured routinely, and storage location is one of the factors insurers price.
How do I find out what mine would cost?
Use the free estimator for a rough range in about two minutes, then ask us for a real number. We will gather the details and approach insurers on your behalf.
Ready for a real number?Send the details and we will reply by email.
Request a quote →General information only, not a quote or coverage determination. Coverage availability and eligibility vary by insurer, vessel and owner.