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Boat Insurance

Umbrella Insurance - Boat
Navigating Protection & Sail with Confidence

Your cherished boat holds immense value as a source of unmatched enjoyment and a significant investment. Safeguarding this valuable asset through personalized boat insurance offers reassurance, ensuring compensation in case of any unfortunate incidents. At LoPriore, we specialize in crafting watercraft insurance solutions that align with your unique requirements, all at the most competitive rates in the market.

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Massachusetts Boat Insurance
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Massachusetts Boat Insurance
Lopriore Insurance Agency

Boat Insurance - Service Page Image (003)

At LoPriore Insurance, we recognize the distinct vulnerabilities that come with owning a boat. That’s why we offer tailored Boat Insurance solutions, providing comprehensive coverage to shield your vessel from potential uncertainties on the water.

Our team of experts is committed to creating policies that cater to your specific needs, ensuring you’re safeguarded from unexpected incidents while enjoying your time on the water. From accidents to damage, our Boat Insurance coverage is designed to keep you afloat, allowing you to navigate with confidence and focus on creating lasting memories.

Amidst the unpredictable waters, LoPriore Insurance stands as your dependable partner, ready to help you steer through the intricacies of boat insurance. Let us assist you in securing your maritime adventures, ensuring that you can sail away with peace of mind and make the most of your boating experiences.

Understanding the Importance of
Boat Insurance

Boat insurance offers financial security and reassurance to boat owners by covering costs stemming from accidents, damages, theft, or liability issues related to their vessels. It ensures that boat owners can enjoy their maritime activities with confidence, knowing they are protected against potential risks and unexpected losses.

What is It?

Crafted to safeguard your vessel, boat insurance policies are tailored to shield against damages while also providing vital liability protection in case of financial losses connected to your boat.

Why Do I Need It?

Boat insurance is essential to safeguard your investment and provide financial protection against a range of potential risks. It covers damages, accidents, theft, and liability issues related to your boat, ensuring you can enjoy your maritime adventures with confidence while mitigating the financial impact of unexpected events.

Who Is It For?

Boat insurance is for anyone who owns a boat, yacht, or other watercraft. Whether you have a small pleasure boat, a luxury yacht, a fishing vessel, or any other type of boat, insurance is designed to provide financial protection and peace of mind. It's especially beneficial for boat owners who want to mitigate the risks associated with potential accidents, damages, theft, or liability issues that can arise while using their watercraft.

How To Insure My Boat

Boat Insurance - Insure My Boat

To insure your boat, follow these steps to ensure comprehensive coverage and peace of mind. Begin by researching reputable insurance providers that specialize in boat insurance. Obtain quotes from multiple companies to compare coverage options and premiums. Consider the type of coverage you need, such as damage, theft, liability, and even specialized coverage for equipment and accessories. Provide accurate information about your boat, its usage, and where it will be kept, as this will impact your policy. Once you’ve selected a policy that suits your needs, review the terms and conditions carefully, and make sure you understand the coverage limits and any exclusions. Finally, work closely with your chosen insurance provider to finalize the policy, ensuring your boat is adequately protected for all your maritime journeys.

Tips for buying Boat Insurance

Purchasing Boat insurance can be a hard. Make the process smoother with our top tips and recommendations, helping you to understand the potential risks, evaluate coverage options, and choose the right policy to protect your business from employment-related lawsuits.

Assess Your Needs

Consider the type of boat you own, its value, how and where you'll be using it, and the potential risks involved. This will help you determine the appropriate coverage types and limits.

Review Exclusions and Limitations

Thoroughly read through the policy's terms and conditions to understand any exclusions or limitations that might impact your coverage. Be aware of situations or activities not covered by the policy.

Regularly Review and Update
As your boat and circumstances change, periodically review your policy to ensure it still meets your needs. Inform your insurer about any modifications or changes to your boat.


How much does Boat Insurance Cost?

The cost of boat insurance can vary widely depending on several factors. These include the type of boat you own, its value, size, age, and the coverage options you choose. Typically, smaller boats with less powerful engines might have lower insurance premiums, while larger vessels with more features and higher values could come with higher costs. Other considerations such as your boating experience, where the boat will be used, and your location can also influence the price. To get an accurate estimate, it’s best to request quotes from different insurance providers and compare the coverage and premiums they offer, ensuring you find a policy that suits your budget and provides adequate protection for your specific boat and circumstances.

Boat Insurance - Cost of My Boat
Coverage Type
And Limits
Navigation Area
Boating Experience
Type & Size of the Boat
Claim History
Boat Trailer Coverage
Intended Usage
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Factors that Affect The Cost Of An Boat Policy

The cost of a boat insurance policy is influenced by various factors, including the type, value, and size of the boat, as well as its age and condition. Additionally, factors like your boating experience, intended usage, geographical location, and chosen coverage options can all impact the final premium.

Understanding Boat Insurance
What's Covered and What's Not

Boat insurance covers the costs associated with damages, theft, or accidents involving your boat. It typically pays for repair or replacement expenses, liability claims, medical costs, and sometimes even wreckage removal, providing financial protection and peace of mind for boat owners.

What Boat Insurance Covers?
Boat insurance provides a safety net to protect you and your vessel from a variety of risks. Here's what you need to know about what boat insurance typically covers.
Accidental Damage
Boat insurance generally covers accidental damage caused by collisions, fires, theft, vandalism, storms, and other covered events. It helps cover the repair or replacement costs of your boat.
Liability
If you're found responsible for causing bodily injury or property damage to others while operating your boat, liability coverage can help cover medical expenses, legal fees, and settlement costs.
Medical Expenses
Boat insurance often includes coverage for medical expenses incurred by you, your passengers, and others injured in a boating accident, regardless of who's at fault.
Personal Property
Your personal belongings on the boat, such as fishing equipment, electronics, and clothing, can be covered against theft, damage, or loss.
Emergency Services
Many policies offer coverage for emergency assistance and towing, ensuring that you're not stranded on the water in case of a breakdown.
Uninsured/Underinsured Boater Coverage
If you're involved in an accident with a boater who lacks sufficient insurance, this coverage can help with medical expenses and property damage.
Wreck Removal
In the unfortunate event of a wreck, boat insurance may cover the costs of removing the wreckage to ensure safe navigation for others.
Legal Defense
If you're faced with a lawsuit due to a boating accident, boat insurance can help cover legal defense costs, including attorney fees.
What Boat Insurance Does Not Cover?
While boat insurance provides valuable protection, there are certain situations and items that it typically doesn't cover. Here's what boat insurance usually doesn't pay for:
Regular Maintenance
Routine maintenance and wear and tear are generally not covered. This includes expenses related to engine maintenance, hull cleaning, and cosmetic repairs.
Intentional Damage
If you intentionally damage your own boat or cause an accident deliberately, your policy may not cover the resulting expenses.
Racing & Competitive Activities
Most standard policies exclude coverage for damage that occurs during racing, speed trials, or other competitive events.
Consequential Loss
Boat insurance may not cover financial losses that result from an insured event, such as lost income due to a boat breakdown.
Gradual Deterioration
Damage caused by gradual deterioration, such as rot, mold, and corrosion, is generally not covered.
Overloading or Illegal Activities
Any damage caused while the boat is being used for illegal activities or when it's overloaded beyond its capacity might not be covered.
Personal Negligence
If you operate the boat under the influence of alcohol or drugs or if you ignore safety regulations, resulting damage may not be covered.
Damage to Engines or Machinery
Some policies might exclude coverage for damage to engines, machinery, or mechanical breakdowns unless you have specific coverage for this.

Things you need to Know About
Boat Insurance

Navigating the waters of boat insurance can be as important as navigating the open seas. Understanding boat insurance requires careful consideration of your unique needs, your vessel, and the waters you’ll be exploring. With the right coverage, you can set sail confidently, knowing you’re protected against unforeseen events. Here are some essential things you need to know about boat insurance:
Discounts & Bundles
Ask about discounts for completing boating safety courses, bundling boat insurance with other policies, or having a claims-free history.
Licensing & Education
Many regions require boaters to have a valid boating license or complete a boating safety course before operating a vessel. These courses provide essential knowledge about navigation rules, safety procedures, and handling emergencies. Even if not mandated, such education is highly recommended.
Underage Operators
Allowing your 12-year-old to take the helm of your boat might seem like a fun idea, but it's essential to consider the legal and insurance aspects. If your child doesn't meet the age and licensing criteria set by your state, your boat insurance coverage could be at risk. Regulations for underage operators of personal watercraft can differ from state to state.
Boat Insurance Coverage - Need To Knows
Boat Insurance - Emergency Services
Emergency Assistance
Look for policies that include coverage for emergency services like towing, fuel delivery, and on-water assistance. These services can be invaluable if you're stranded.
Marine Survey
For older boats or boats with a high value, insurers may require a marine survey to assess the vessel's condition before issuing coverage.
Seasonal Coverage
If you only use your boat during certain seasons, consider policies that allow you to adjust coverage to match your usage.
Agreed Value vs. Actual Cash Value
Agreed Value policies ensure you receive a predetermined sum in case of total loss, without depreciation. Actual Cash Value considers depreciation, resulting in a lower payout.
Navigation Areas
Make sure your policy covers where you plan to sail. Some policies might limit coverage to specific bodies of water or geographic regions.
Boat Safety Measures
Insurance companies often reward responsible boating practices. Having safety equipment like life jackets, fire extinguishers, and navigation lights can lead to better rates.
Local Laws
Boating laws and regulations can vary widely between states and countries. Familiarize yourself with the rules in your area to ensure you're in compliance.
Deductibles
This is the amount you pay out of pocket before your insurance kicks in. Higher deductibles usually mean lower premiums, but be sure you can afford the deductible if needed.
Boat Insurance - Navigation

Set Sail With Confidence
Request Your Boat Quote Today!

Ready to set sail with the right protection? Request a personalized boat insurance quote today, ensuring you’re well-prepared for any unforeseen challenges on the water. Navigate with confidence, knowing you’re covered by a policy tailored to your vessel’s unique needs.

Set Sail With Confidence
Request Your Boat Quote Today!

Ready to set sail with the right protection? Request a personalized boat insurance quote today, ensuring you’re well-prepared for any unforeseen challenges on the water. Navigate with confidence, knowing you’re covered by a policy tailored to your vessel’s unique needs.

Boat iNSURANCE Coverage Details

Boat insurance is a fundamental anchor for both your vessel’s security and your sense of serenity on the water. This indispensable coverage ensures you’re well-prepared to sail through unforeseen challenges like accidents, damages, and theft, allowing you to relish your maritime pursuits without apprehension. Discover its essential components and advantages to guarantee your boat’s safety and your sailing experiences while maintaining adherence to vital maritime regulations.

Standard Boat Insurance Coverages

Hull - Watercraft Coverage

Collision Coverage
If your boat collides with another vessel, structure, or object, hull coverage helps pay for the repairs or replacement, regardless of fault.
Comprehensive Coverage
Beyond collisions, comprehensive coverage takes care of damages caused by other incidents like fire, theft, vandalism, storms, and more.
Boat Insurance - Watercraft Coverage

Watercraft Liability Coverage

Boat Insurance Coverage
Personal Watercraft Liability
If you're found responsible for causing bodily injury or property damage to others while operating your boat, liability coverage can help cover medical expenses, legal fees, and settlement costs.
Medical Payments
Medical payments coverage in boat insurance is designed to cover medical expenses for you and your passengers in case of injuries sustained while on your boat, regardless of who is at fault. This coverage helps ensure that medical costs are taken care of promptly, allowing you to focus on recovery and peace of mind during your boating experiences.
Uninsured Watercraft Coverage
Uninsured watercraft coverage is a component of boat insurance that offers protection in the event your boat is damaged by an uninsured or underinsured boater who is at fault. This coverage helps cover repair costs and other related expenses when the responsible party lacks sufficient insurance, ensuring that you're not left with financial burdens in such scenarios.

Optional Boat Insurance Coverages

Extends coverage to personal items such as clothing, phones, and cameras that you have on your boat.

 If you’re an avid angler, this coverage can help replace your fishing gear if it’s stolen or damaged.

Provides coverage for emergency towing, fuel delivery, and other assistance services if your boat breaks down on the water.

Pollution liability coverage is designed to address the financial consequences that might arise if your boat unintentionally causes pollution or environmental damage.

 If you transport your boat on a trailer, this coverage helps protect the trailer against damage or theft.

Need Help Buying A Boat?
Read Our Boat Buyers Buyer's Guide Blog

Explore our in-depth Boat Buyer’s Guide, your essential resource for navigating the waters of purchasing a new vessel. From tips on choosing the right type of boat to understanding maintenance and financing, our guide covers it all. Dive in today to make your boat-buying journey smooth sailing!

Need Help Buying A Boat?
Read Our Boat Buyers Buyer's Guide Blog

Explore our in-depth Boat Buyer’s Guide, your essential resource for navigating the waters of purchasing a new vessel. From tips on choosing the right type of boat to understanding maintenance and financing, our guide covers it all. Dive in today to make your boat-buying journey smooth sailing!

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When you send us a copy of your policy, our team has an opportunity to get a snapshot of your current insurance coverage, discounts, and added riders on your existing insurance policy.

Where Do I Find a Copy of My Insurance Policy?

Insurance companies send you a copy of your insurance policy annually and if any changes to your policy have been made during the year. However, if you are unable to locate your policy, your insurance company or insurance agent should be able to send you a duplicate copy via email, fax, or mail.

What Happens When You Upload Your Policy?

Once we receive your uploaded policy one of our team members begins reviewing your policy. We will then contact you to discuss your coverage options. Every insurance company has different underwriting guidelines and offers different coverages and rates. Be advised while we try our best to quote with the information provided it still may be necessary to obtain additional information from you to prepare the most accurate rate.

Extra Protection, Extra Peace of Mind

Request a no-obligation boat insurance quote from LoPriore Insurance and anchor your maritime adventures with comprehensive protection. Their experienced team will tailor coverage options to your boat’s specifics, ensuring you sail with confidence, knowing your vessel is safeguarded from potential risks.

Quote Request Form

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Upload your current policy coverage page and we will do all the quoting for you.

Boat Insurance FAQs

The cost of your policy depends on a few details about your boat and personal experience. 
• Boat length
• Boat Value
• Type of motor including horsepower and speed capabilities
• Operator boating experience
• Docking and storage locations

When you’re transporting your boat, the trailer attached to your vehicle isn’t covered in exactly the same way as your car. For instance, if your boat causes damage to another vehicle, your liability limits could cover the costs. However, if the trailer becomes detached from your vehicle and causes damage, your auto insurance would likely fail to cover the damage. Additionally, if another car causes damage to the boat, your auto insurance wouldn’t cover the damages.

Massachusetts state law doesn’t require you to have boat insurance to operate your boat. However, local laws might require you to have coverage. For example, most marinas and docking areas will require you to have liability insurance. Liability coverage is a sensible option to protect from possible liability claims while operating your boat in any situation.

While it might seem unnecessary to continue coverage while your boat is being stored, you still face potential risks for damage. Theft and fire risks are still high for boats during the winter months and you would be required to pay out-of-pocket for the loss if you don’t have active insurance coverage.

It’s highly unlikely that your boat’s value is lower than your insurance premiums. Besides, your financial risks don’t end at the cost of replacing your boat. Perhaps one of the most valuable parts of your boat insurance is liability, which will cover medical bills if someone is injured in an accident.

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