How does boat insurance work in Mississippi?

Mississippi requires boaters to register their watercraft every year, but it doesn't mandate insurance coverage. However, many private docks and marinas will ask for proof of insurance before allowing you to moor there. Private lenders may also require you to have boat insurance if you finance your vessel.

Even though boat insurance isn't required, it's worth considering so you're protected against damages and injuries you're responsible for. Boat insurance can also cover repair or replacement of your vessel due to unexpected events like vandalism, theft, and fire.

Progressive insures over 1.6 million watercraft nationwide — get a boat insurance quote today to protect your PWC, powerboat, and more.

What's included in a standard Progressive Mississippi boat insurance policy?

Bodily injury and property damage liability coverage can help pay for injuries to someone else and damage to their property if you're liable. Bodily injury coverage can help pay medical expenses if you are found responsible for the injury, while property damage liability helps pay for damages you cause to another boat or dock. As with any liability coverage, choose a coverage limit that best protects you and your assets. If you need more than a $500,000 liability limit, an umbrella policy can offer extra protection, typically up to $5 million. Learn more about boat insurance liability coverage.

Wreckage removal coverage may pay for removal of your boat from the water if it sinks because of an accident or a storm and you are legally required to remove it.

Fuel spill covers the cost of legally required fuel cleanups no matter how the spill happened.

Watersport coverage covers medical expenses from accidents that happen due to on-the-water sports, such as water skiing.

Optional boat coverages

Comprehensive and collision coverage can protect you from a variety of accidents and incidents. Comprehensive covers the cost to replace or repair your boat for non-collision events like fire, theft, or vandalism. Comprehensive coverage can also protect your boat when it's stored in the off-season. Collision coverage protects you against accidents involving other boaters and objects like buoys and docks. If you're financing your boat, your lender will likely require both comprehensive and collision.

Sign & Glide® towing assistance will help if your boat is stuck on the water with on-water towing, jump starts, fuel delivery, and more.

Uninsured/underinsured boater helps cover costs if you're involved in an accident with someone else who does not have enough insurance. This coverage can help cover your injuries and damages up to the limits of your policy.

Propulsion Plus® mechanical breakdown coverage will help if the lower unit of an outboard motor or the upper and lower units of an inboard/outboard motor suffer a mechanical breakdown — even if it's from wear and tear.

See all boat insurance coverages.

Does Progressive insure yachts?

Depending on its length, age, and value, Progressive may be able to insure your yacht in Mississippi. Get a quote for boat insurance online or call us at 1-866-749-7436 to see your coverage options.

How much is boat insurance in Mississippi?

Due to its numerous waterways and coastline, as well as the frequency with which storms hit the state, Mississippi is a high-cost state. In addition to the type of coverage you opt for, many factors determine the cost of Mississippi boat insurance, including:

  • Your age: Generally, the older you are, the more affordable your rate may be.
  • Make, model, and year of the boat: Insuring larger, older, or more expensive boats often leads to higher premiums.
  • 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 boating accidents.

How can I lower my boat insurance rate in Mississippi?

Discounts vary by state, but in Mississippi, you may be able to lower your insurance rate with the following:

  • Association membership: If you're a United States Coast Guard Auxiliary or United States Power Squadron member, you may qualify for a discount.
  • Multi-boat discount: You can save if you have more than one vessel insured on your policy.
  • Advanced quote: Obtain a quote at least one day before you need your policy to earn another discount.
  • Safety course: Complete a Mississippi-approved safety course to qualify for a discount.

See if you qualify for more boat insurance discounts.

How to get boat insurance in Mississippi

Go online

Answer a few simple questions, then customize your coverages.

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