Boat/Watercraft Insurance

Boat/Watercraft Insurance In Maryland

Here at Thompson Insurance Agency, serving the state of Maryland, we offer numerous types of insurance products. One of the products that we offer is boat or watercraft insurance. If you own a boat or watercraft, or you are looking to purchase one, you may have many questions. We want to help answer the questions you may have and guide you toward the right insurance product.

What Types of Vessels Does Boat or Watercraft Insurance Cover?

Boat and watercraft insurance cover many types of motorized boats and watercraft including boats, yachts, jet skis and pontoon boats. Some companies do offer policies for non-motorized boats, including paddle boats and sailboats, though that varies from company to company.

Does Law in Maryland require boat or Watercraft Insurance?

In some states, you are required to carry boat or watercraft insurance to operate and register the vessel. In the state of Maryland, you are not required by law to carry boats or watercraft insurance. If you have a loan out on your boat or watercraft, the lender typically requires you to carry insurance on the item until the loan is paid off.

What Are the Benefits of Purchasing Boat or Watercraft Insurance?

There are different types of boat or watercraft insurance policies. Some policies will only cover damage you do to another boat or person, such as hitting someone while you are operating your jet ski or running into another boat. Some policies will cover your boat against uninsured boaters who may damage your vessel. Finally, some policies can help protect your vessel against theft, vandalism, or other types of damage while the boat is docked or in storage out of the water.

Are you interested in learning more about boat or watercraft insurance, or are you ready to get an estimate for a policy? Reach out to us at Thompson Insurance Agency for all of your Maryland boat and watercraft insurance needs today.

Auto Insurance Types

When it comes to auto coverage more is better than less. We can help you get the following coverages:

  • Liability Insurance
  • Uninsured Motorist Protection
  • Collision Insurance
  • Medical/Personal-Injury Protection
  • Comprehensive Insurance
  • No-Fault Insurance

Partner Carriers

  • Bristol West
  • Encompass
  • Progressive
  • Safeco
  • State Auto