Sailboat Insurance

Quote now and get covered today. Sailboat insurance costs start at $100/year.*

At Progressive, we make getting sailboat insurance as simple as possible. We’ll insure almost any type, including vessels that don’t fit the textbook definition such as sailing dinghies, catamarans, trimarans, etc. We’ll even insure you if you race your sailboat. Just get a quote online, and you’ll likely qualify for insurance today.

Enjoy fewer restrictions and more sailing freedom

Get a boat insurance quote, and you’re automatically covered on all rivers and lakes in the U.S. and Canada as well as ocean waters within 75 miles of the coast. Other insurers may ask you to complete a navigation plan that details where you’re sailing. We don’t. You can just go out and sail freely.

This freedom comes standard and doesn’t increase your sailboat insurance rate at all.

Common sailboat insurance coverages

No depreciation on partial losses

Our insurance promise is straightforward: we will always pay what it costs to return your vessel to its pre-accident condition or better. The benefits are just as straightforward: better coverage and fewer out-of-pocket costs.

For example, let’s say your sail is damaged in a covered loss. It’s older and has a current market value of $250. But, a brand new one costs $750. If we can’t repair it properly, we’ll replace it with a new one. That could mean a $500 difference for you.

This coverage for your sailboat is automatically included at no extra cost. This covers more than your vessel, including rigging equipment, sails, electronics, etc.

Agreed value coverage

Sailboat values vary widely depending on model, customizations, age and sometimes even vintage value. So we offer agreed value coverage to make sure your sailboat is fully protected even down to the last penny and customization.

When you get your sailboat insurance quote, just tell us the current market value of your vessel. This will always be printed in your policy documents, and in the event of a total loss, we’ll pay this amount. In addition, you’ll never be required to lower the agreed value on your policy.

See all of our boat insurance coverages.

Sailboat insurance limitations

We insure most sailboats and even cover racing usage, but we do have some limitations

  • Sailboats over 50 feet in length and valued at more than $350k
  • Sailboats used as a primary residence (live aboards)
  • Sailboats that don’t meet published U.S. Coast Guard standards
  • Wood or steel hulls
  • See more on our insurance limitations (info at bottom of that page)