High performance boat insurance coverages

When going fast, what could go wrong?

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

Coverage for your boat

Hull and equipment 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 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.

Coverage for you

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 all boaters on the water do not 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.

Optional high performance boat coverages

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

Save money by customizing your high performance boat insurance

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.

*Insurance, coverage, and discounts are subject to availability and qualifications and may not be available in all states. Coverage descriptions listed are intended to be brief and do not replace actual policy language. For questions or a complete definition of coverages and discounts available to you, please call 800-236-2453 to speak with a marine insurance specialist.

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Find a Markel Specialty marine agent and get a free, no-obligation quote today!