Is boat insurance required in Illinois?
Illinois state law doesn't require boat insurance, but many residents choose to have a policy to safeguard their watercraft. Before heading out on Lake Michigan, make sure you and your watercraft are protected from unexpected incidents. Progressive provides Illinois boat insurance at affordable rates, with plenty of discounts to help you save.
What's included in a standard Progressive Illinois boat insurance policy?
Bodily injury liability coverage and property damage liability coverage can pay your expenses if you're found liable for accidents. Bodily injury liability helps pay for medical costs for another person, either from a collision or if a guest sustained an injury while aboard your vessel. Property damage liability helps cover the costs of damage to other people's boats or property, including structures like docks or buoys. As with any boat liability coverage, choose a coverage limit that best protects you and your assets. If you need more than a $500,000 liability limit, a Progressive umbrella policy can offer extra protection up to $5 million.
Wreckage removal helps cover the cost of retrieving your boat from the water when the wreck is legally required to be removed.
Fuel spill coverage helps pay costs associated with the legally required clean-up of spilled fuel.
Watersport coverage helps pay the medical costs of guests involved in accidents while taking part in water sports like skiing or tubing.
Optional Progressive boat coverages
Comprehensive and collision: Comprehensive coverage can help pay the repair or replacement cost of your boat if it is lost or damaged by fire, vandalism, storms, and other non-collision-related dangers. This coverage can also protect your boat while in storage during the off-season when you aren't actively checking on it. Collision coverage protects your boat from accidents involving other boats as well as submerged objects in the water. If you're financing your boat, your lender will likely require both comprehensive and collision. Learn more about comprehensive and collision coverage for boats.
Sign & Glide®: Sign & Glide® towing assistance† will help if your boat gets stuck on the water with on-water towing, jump starts, fuel delivery‡ and more.
Uninsured/underinsured boater: If you're injured in an accident caused by another boater who doesn't have sufficient insurance (or any insurance at all), uninsured/underinsured boater coverage can help pay your medical bills and other things like lost wages while you recover.
See all boat insurance coverages.
Does Progressive insure yachts?
Illinois might not seem like a major yacht destination, but with miles of coast along Lake Michigan, there are many large boats on the water. If you have a boat registered in the state of Illinois that's more than 26 feet, Progressive may still be able to help you get the insurance you need.
How much is boat insurance in Illinois?
Despite its long coastline, Illinois has a shorter boating season due to harsh winters. As a result, the cost of boat insurance is generally affordable in Illinois. In addition to the type of coverage you opt for, many factors affect your rate, including:
- Make, model, and year of the boat: Insuring larger, older, or more expensive boats often leads to a higher premium.
- Boating experience: More experienced boaters may pay less for boat insurance than newer boaters.
- Claims history: This may include both at-fault and not-at-fault claims.
If you carry comprehensive and collision with Progressive, you automatically receive Full Replacement Cost coverage, meaning we’ll pay to make sure your boat or personal watercraft is returned to pre-accident condition without factoring depreciation in the event of a partial loss.
How can I lower my boat insurance rate in Illinois?
You may be able to lower your insurance rate with the following discounts:
- Responsible driver: If you maintain a clean boating and driving record for three years, you can earn a discount
- Original owner: If you're the original owner of your boat – and you carry both comprehensive and collision coverage – then you may qualify for a discount
- Pay in full: Receive a discount on your rate by paying your policy upfront and in full.
- Prompt payment: Pay on time, every time, and receive a discount on your policy.
See if you qualify for more boat insurance discounts.