Skip Links

For those impacted by Hurricane Ian, we hope you and your loved ones are safe. We are here for you. Policyholders, you can easily file your claim online. Claims Info

Agreed Hull Value

Get a Quote 800-283-2883 | File a Claim 800-937-1937

Best Coverage for Total Protection

Choose Agreed Value Coverage for your boat, engines and boating equipment. Offered for most all boat types, excluding Personal Watercraft (PWC).

Agreed Hull Value Coverage

You'll always know what your claims check will say with this coverage that pays to replace your boat up to its agreed hull value, determined when you start your policy. Covers your boat, engines, and boating equipment.

Some specific Items are subject to depreciation. Click for information on on Losses and Depreciation.

Consequential Damage Coverage

Covers immediate damage to the insured boat resulting from fire, explosion, sinking, or collision.

Broad Cruising Area

Whether you boat inland or coastally, we'll insure your boat anywhere you cruise in the U.S. or Canada. Plus options to add extensions to Bahamas, Caribbean, and Mexico.

Note: Insurance Requirements in Mexico for trips to Mexico.

Medical Payments Coverage

In the event of on-board injury, your policy includes up to $10,000 in per person, per occurrence medical coverage.

Liability Coverage

Enjoy up to $500,000 in per occurrence liability coverage (higher limits may be available).

Coverage Features

Our experienced team of claims professionals will dispatch assistance, utilizing our nationwide network of towers, salvors and surveyors to help policyholders through boating emergencies like fire, sinking, theft or fuel spill containment -- even roadside accidents. Your claim is handled by boating experts committed to outstanding service that gets you back on the water -- fast.

In addition to your policy's standard liability coverage, this extra liability protection protects you from claims for clean-up or 3rd-party damage due to the accidental discharge of oil or fuel that can occur in a sinking, fire, collision, grounding, etc. This "green coverage" is crucial now that federal and state laws subject boaters to liability for cleanup, containment, and environmental damage.

Covers 50% of the cost (up to $1,000), per event, to have the insured boat moved by a professional, or for a professional haul out, or for the professional execution of a hurricane plan in preparation for a NOAA Named Storm in your area.

Save up to 10% for completing a boating safety course, having multiple boat policies or a GEICO auto insurance policy.

Additional coverage for your injuries caused by a collision when a hit-and-run or uninsured boater is at fault.

Coverage Options

Receive a 25% discount on your deductible each year you remain claims free, until it reaches $0! (Begins with your first renewal).

Provides liability coverage that may be required by a marina's dock contract.

Allows for paid passengers for the purposes of fishing, sight-seeing, or day cruises. Maximum of 6 passengers onboard plus the captain while being used for charter.

Usually excluded, this endorsement provides coverage for ice and freeze damage if you have your boat winterized in accordance with the manufacturer’s specifications by a commercial marine facility and it is stored accordingly.

This endorsement lowers the deductible for claims relating to the dinghy and/or the dinghy's motor resulting from theft or damage to $100.

This endorsement lowers the deductible for claims relating to navigational electronics to $250.

Provides coverage to the lower unit of the insured outboard engine and outdrive due to mechanical breakdown which is usually excluded in the policy. Available with Agreed Hull Coverage only. Disappearing deductible does not apply. Click here for additional information.

Coverage for fishing and watersports equipment and personal items such as cell phones, tablets, stereos and clothing lost or damaged while on board or while being loaded or unloaded from the boat. For competitive anglers or water sport enthusiasts, Tournament Reimbursement fees up to $500.00 are also covered under Personal Effects if you are forced to withdraw from the tournament due to a loss covered by the policy.

To ensure that you or your family do not incur large out-of-pocket expense if injured onboard, our policies also include an additional $25,000 for payments not covered by any major medical policy. This coverage is in addition to the medical payments limit you select with your policy.

Get towing coverage from TowBoatUS at our lowest price - as little as $3 a month for the insured boat. Pricing varies with the length and location of your boat. Click here for additional information.

When you insure your trailer, roadside assistance while trailering the insured boat is included.


Losses and Depreciation

We will pay you the agreed hull value as defined by the policy if the boat is lost absolutely, or if the reasonable cost of repair exceeds the agreed value. We reserve the right to declare the boat a constructive total loss and pay you the agreed value if in our judgment costs of salvage and/or repair exceed such value. We are not obligated to accept or pay for the boat or any boating equipment which you abandon. If we pay you the insured value, we have the right to the insured property. If we exercise our right to acquire the insured property, you must provide all documents needed to transfer title to us. You agree to allow us to withhold an amount not to exceed 10% of the insured value until we have received these documents.

We will pay the reasonable cost of repairs or replacements, in accordance with quality marine repair practice. However, we will not pay more than the actual cash value for sails, canvas, carpeting, cushions, fabric, outboard motors, outdrives, propulsion machinery or generators. In all cases, there shall remain no less than 20% residual value regardless of age. In the event of damage to plywood, plastic, fiberglass, metal, cement, or other molded material, we are obligated to pay only the reasonable cost of repairing the damaged area, in accordance with quality marine repair practice. If there is a covered loss requiring repainting of an insured boat, we will pay the cost of repainting or resurfacing the damaged area in accordance with customary marine repair practices so that the area repaired will match, as closely as practical, the original color. We have the option to make or reimburse you for repairs or replacements, or to pay you directly based on an agreed estimate of loss. Repairs and replacements will be made with like kind and quality.

In the event of damage to a dinghy with cost of repair exceeding the actual cash value of the dinghy the most we will pay is the actual cash value as determined by industry reference materials including, but not limited to, the N.A.D.A. book, the BUC Used Price Guide, and ABOS Marine Blue Book.

Additional coverage for your injuries, while on board your boat, caused by a collision when a hit-and-run or uninsured boater is at fault.

Please note:

The above is meant as general information and as general policy descriptions to help you understand the different types of coverages. These descriptions do not refer to any specific contract of insurance and they do not modify any definitions, exclusions or any other provision expressly stated in any contracts of insurance. We encourage you to speak to your insurance representative and to read your policy contract to fully understand your coverages.

*Some discounts, coverages, payment plans and features are not available in all states. Coverage is subject to the terms, limits and conditions of your policy contract.

For a quote, visit our Online Application or call 800-283-2883 for personal service.

All coverage is subject to terms, conditions, limits and exclusions of the policy. Not all policy options are available in all states. Boat and PWC policies are underwritten by GEICO Marine Insurance Company with administrative offices at 5323 Port Royal Road, Springfield, VA 22151. GEICO Marine Insurance Company is domiciled in Omaha, NE, and coverage is offered in all 50 states and the District of Columbia to boat owners with a U.S. address. View the GEICO Marine Insurance Company Privacy Policy & Notice of Collection.