Boat Insurance Cost & Discounts

Save now and save more later on claims. That’s real value.

At Progressive, we offer cheap boat insurance rates starting at just $100 a year.* But starting price is just part of our overall value. We also offer some of the best protection and boat insurance coverages in the industry (many of which come at no extra cost).

That means if you do ever have a claim, you’ll be protected better and could save thousands later on what you pay out of pocket compared to another boat insurer.

Discounts to automatically lower your boat insurance rate

Safe boater

If you have no accidents or violations on your record for the last three years, you can significantly lower your boat insurance rate.

Boat accident free

Boat safely from here on out with no at-fault accidents, and you’ll get a discount when you renew.

Pay in full

Just pay your policy in full, and we’ll pay you back with a discount.


Get an automatic discount if you own a home, condo or townhouse (even if it’s not insured by us).

Original owner discount

The absolute easiest way to save. If you're the only person who’s ever owned your boat, we’ll lower your boat insurance rate.

Multi boat

Receive another discount if you insure more than one watercraft.

Multi policy

A car, a house, an ATV or anything else. Insure it all here, and you can get discounts on all your policies. Or if you already have a Progressive policy, you’ll get an automatic discount on your quote today.

Safety course

If automatic discounts aren’t enough for you, just complete any state-approved safety course to save even more. Simple enough, right?

Explore more about the overall value you get with Progressive boat insurance.