Boat Insurance

Get specialized boat insurance for as little as $100 per year*

Progressive simplifies boat insurance

We give you the freedom to boat wherever you'd like on any lake or river in the U.S., plus ocean waters within 75 miles of the coast. Plus, we drop the common requirements and restrictions other insurers may force on you, so you get the protection you need to get on the water right away. For example, we don’t require a navigation plan or marine survey, which could cost around $600 for a 30-foot boat.

Overall, we have 35+ years of experience, and we insure over 1 million watercraft. Get a boat insurance quote online and experience why we’re way above water when it comes to boat insurance companies.

Ways to save on your boat insurance policy


Is your home, car, motorcycle, or RV insured with us? You could save even more on boat insurance if you have another Progressive policy.


You’ll earn a discount for having more than one watercraft on your policy.

Original owner

One of the easiest ways to save! If you are the only person who has ever owned your boat, we’ll give you a discount.

Safety course

Anyone can earn this discount. Just complete any state-approved safety course to save even more on your boat insurance policy.

Boat insurance coverages and benefits

We automatically include liability to pay for damages/injuries you cause if you hit another boat, person, dock, buoy, or something else. Plus, we offer comprehensive and collision to pay for damage to your boat in addition to other coverages and benefits that you may not get with every insurer. Here are a few:

Sign & Glide® on-water towing

If you run out of gas or your boat breaks down on the water, Progressive’s Sign & Glide coverage pays for on-water towing, fuel** delivery, soft ungroundings, and jump starts. We’ll even arrange for the tow and pay the tow operator directly (in most cases). Simply download our Sign & Glide app on your smart phone and you’ll never worry about an on-water breakdown.

Example: You run out of gas in the middle of a lake. If you added this coverage, just call our dispatch center (number included on your policy card) or contact us through the Sign & Glide app. We’ll then deliver fuel and/or tow you to the nearest shore.

Full replacement cost

Whether your watercraft needs to be repaired or replaced, we will always bring your boat back to its previous condition or better, and never depreciate the value of any of your parts.

Example: Four seats are damaged on your 10-year old boat. They’re older and only worth $50 each, so some insurers may only give you $200 ($50 per seat). But, you need new ones that cost $250 each. We’ll pay the full $1,000 for all new seats. That could save you $800!

Propulsion Plus®

Add Propulsion Plus and we’ll repair or replace the lower unit of an outboard motor, or upper & lower units of an inboard/outboard motor if you have a mechanical breakdown—even if it’s caused by wear and tear.

Propulsion Plus is optional and starts at just $38/year. Compare that to the thousands you could pay out of pocket to fix it on your own.

Example: Your lower unit is ten years old and simply runs its course and dies on you. Typically, normal wear and tear wouldn’t be covered by insurance. But if you add Propulsion Plus coverage, we’ll pay to repair or replace your lower unit.

Wreckage removal and fuel spill

Wreckage removal and fuel spill coverages are automatically included in every Progressive boat insurance policy. If your boat sinks or you’re hit with a fuel spill, we’ll cover the bills all the way up to your policy’s property damage liability limits. We will only remove your sunken boat if it’s legally required.

Example: Your old boat sinks while docked. The coast guard may require you to remove the wreckage and address any fuel spills. Just contact us to file the claim, and we’ll cover the costs.

Boats we insure

Here are some of the most common boats and personal watercraft we cover:

  • Powerboats
  • Sailboats
  • Bass/fishing boats
  • Pontoons
  • Center Consoles
  • Jet Skis, Sea-Doos, and Waverunners

See the common types of boats and PWCs we insure and our coverage limitations.