Boat Insurance Knowledge Base

The experienced team at Global Marine Insurance is happy to provide answers to any of your questions regarding:

• Boat Insurance
• Yacht Insurance
• Personal Watercraft Insurance
• Sailboat Insurance
• Commercial Marine Insurance
• Insurance for Boat Dealers & Marinas

Having trouble deciding what classification your boat or yacht may fall under? Reference our guide to common:

• Boat Types
• Yacht Types

Boat Insurance F.A.Q.

• How long has Global Marine been in business?
• Where do you provide insurance coverage?
• Am I required by law to have insurance on my watercraft?
• Is price the most important factor to consider when purchasing an insurance policy?
• How can I save money on my policy?
• What type of coverage does my policy include?
• How does Global Marine handle claims?
• Can I get a quote today?
• Is there an extended payment plan for marine insurance?
• What forms of payment/payment options are available to me?
• What if I need to re-access my quote?
• How do I use a Corporate Name as the Named Insured?
• Do I need to use Lay Up dates when quoting a boat?
• What is included in the purchase price and hull value?
• Why can’t I insure the boat for more than its purchase price?
• How much liability coverage will I need?
• Will my rates be higher as a new boat owner?
• Does my policy limit how far off-shore my vessel can be taken?
• Will my homeowners insurance cover my boat?
• Is there a difference between boat and yacht insurance?
• I am planning a long distance boating trip – will my insurance cover me?
• Is water sports liability included in my coverage?
• Are my trailer and boating supplies covered by my policy?
• Do I receive a discount for successful completion of a boater’s safety training class?
• Does my policy cover both inland and ocean boating?
• Will I receive the purchase price or the replacement cost if my boat is a total covered loss?