High performance boat insurance

The marine insurance leader for over 35 years

High performance boats need high performance insurance.

If your speedboat does over 65 mph, then it needs serious protection. Insurance protection, that is. For over 35 years, Markel Specialty has focused on high performance boat insurance. We understand that a high performance boat policy isn’t like a typical boat policy. Each Markel Specialty high performance boat policy can be customized to fit you, your budget, and your boating style.

Why do I need high performance boat insurance?

If you have a high performance boat, you're most likely carrying some kind of insurance on it. But is it the right kind of insurance from the right kind of insurance provider?

Here are just a few of the advantages of insuring your high performance boat with Markel Specialty:

• Customizable coverage to suit your boating style
• Discounts and cost-effective coverage options to save you money
• Flexible payment options
• Experienced high performance boat underwriters and marine claims specialists who provide prompt, responsive service

Don't wait until you file a claim to find out if you have the proper insurance protection for your high performance boat. Find a Markel Specialty marine agent and get a free, no-obligation quote today.

What can high performance boat insurance cover?

Markel Specialty offers an extensive variety of marine coverages for you, your passengers, and your boat.

Hull and equipment insurance protection including:

• Protect and recover pays reasonable costs incurred when trying to protect your high performance boat from further damage
• Agreed value for total loss – locks in the value of your boat in case of a covered loss
• Replacement cost coverage on partial losses for newer boats, meaning depreciation will not be factored into the cost of repairs, keeping your hard-earned dollars in your pocket

Personal effects coverage
For all of the "extras" you physically bring on-board (such as a cell phone or camera).

Emergency towing and assistance
If you happen to break down, we will provide coverage for the expenses you incur to tow your boat to the boat repair shop.

Windstorm extra expense
Helps with costs you incur to protect your boat from an approaching named storm.

Medical payments
Helps pay for injuries suffered by you or any passengers during a boating accident.

Boat liability
Protects you in case you are responsible for injuries to another person, or damage to their boat or their property.

Uninsured watercraft
Unfortunately, not all boaters on the water have insurance. This coverage helps protect you and your family members if you are injured in an accident caused by an uninsured or underinsured boater. Coverage is automatically included if watercraft liability is purchased.

Pollution liability
Hard-to-see fuel lines and tanks can deteriorate over time. Pollution coverage helps protects you if you are held legally liable due to an oil pollution leak or spill.

• Boat trailer coverage
• Boat lift and boat house coverage
• Trip coverage

Transit and storage
Is your boat being refurbished or only used for racing? Add this coverage to save you money when you are not using your boat.

Actual cash value coverage (ACV)
Reduce your coverage to ACV, which factors in depreciation of your high performance boat should you have to file a claim.

Mature operator discount
Primary operator of your high performance boat 40 or over? If the answer is YES, your high performance boat policy qualifies for a discount.