What does boat insurance typically cover?
Boat insurance typically covers a variety of risks, including: Physical Damage: This covers repairs or replacement if your boat is damaged by events like storms, accidents, fire, theft, or vandalism. It includes the boat itself, engines, and often trailers [...]
How can I contact you?
You can reach us by phone, email, or live chat: Phone: (513) 653-3800 Email: Sales@OnTheWaterMarine.com Live Chat: At the bottom of this page, you can access our live chat option during normal buisness hours until 5pm each weekday. If [...]
What states are you licensed in?
We are licensed to provide boat and yacht insurance in the following states: Alabama Florida Georgia Indiana Kentucky Michigan Missouri New Jersey North Carolina New Jersey Ohio South Carolina Tennessee Texas Virginia
What insurance companies do you represent?
We work with a variety of top-rated insurance carriers to provide the best coverage options for your boat or yacht. We partner with around 20 different companies to ensure you get the best policy for your needs. Some of [...]
Is boat insurance required by law?
In most states, boat insurance is not legally required. However, it’s always recommended to at least carry liability coverage to protect yourself in case of an accident. If you have a loan on your boat, your lender will likely [...]
Will I need a marine survey to get a quote?
Boat insurance companies have different requirements regarding when a marine survey is needed. Typically, an out-of-water survey is required for boats 27 feet or longer and over 10-15 years of age. However, we offer options that do not require [...]
How much does boat insurance typically cost?
A good rule of thumb is to expect somewhere around 1% of the hull value. For example, for a $100,000 boat, the cost of insurance will be somewhere around $1,000 a year. Keep in mind this can vary significantly [...]
How do I file an insurance claim?
You can file a boat insurance claim 24 hours a day on our website. Simply visit our Claim Filing Page to submit your claim anytime. To get started: Submit Online Anytime: Upload any necessary information, such as photos of [...]
What is the difference between “agreed value” and “actual cash value”?
Agreed Value: This is a predetermined amount that both you and the insurance company agree on when the policy is issued. In the event of a total loss, you will receive this agreed amount without any deductions for depreciation, [...]