Small craft insurance

When you’re on your boat, you want to think about the water and the waves, not insurance coverage. Our partnership with Markel gives you the best protection, including broad navigation limits and no lay-up period, so you can focus on the fun.

All covered

Make sure you have coverage that properly protects you and your boat, including uninsured boaters, medical payments and pollutant clean-up. Policies through Hagerty offer customized coverages, flexible payment options, discounts, and diminishing deductibles.

On board a sailboat at sunset

Let’s fix it or replace it right

Watercraft and equipment coverage helps cover repairs or replacement of your boat if it is damaged or stolen.

Get what it’s really worth

We’ll work with you to set an agreed value on your boat. That’s the amount you’ll be paid if your boat is deemed a total loss.*

Total replacement for newer boats

Replacement cost coverage is available on watercraft up to three years of age. The program will pay for a new boat of the same make, class, size, and type in the event of a total loss of the insured watercraft, including theft.

Protection for the unplanned

Even with the best maintenance plan, it’s possible to miss something that could cause consequential damage. You’ll be protected if your boat is damaged from a fire, explosion, sinking, collision or stranding.

Damage coverage for winter woes

If you paid for winterization services but they weren’t done properly and your engine block froze and cracked, you’ll be covered for the damage if you contracted with a commercial marina or repair facility

Have a classic wooden or fiberglass boat that is appreciating in value? See the Classic Boat program.

A small speedboat on a sunny day
A pontoon boat on the water on a sunny day
Wakeskating behind a ski boat

Having your boat properly covered is just the beginning.

Coverage goes even deeper and protects you with help for medical payments and more.

Watercraft liability

Protection if you are responsible for injuries to another person, or damage to their boat or their property.

Pollution liability

This helps to cover reasonable cost and expenses and includes damage to property or cleanup resulting from unintentional spillage of a contaminant.

Medical payments

You’ll get help with necessary medical expenses resulting from an accident causing bodily injury to any person while in, upon boarding, or leaving your insured boat.

Additional optional coverages

A small fishing boat by some lily pads

Added towing coverage

Higher limits for commercial towing are available, providing assistance to the nearest facility where repairs can be made and delivery of gas, oil, parts, a loaned battery or emergency labor while away from safe harbor.

Boat lift coverage

You’ll be covered for damage to your boat lift, which may not be covered under your homeowners policy.

Ultimate drive coverage

Optional coverage to repair or replace the outboard gearcase or sterndrive upper and lower unit in the event of a mechanical breakdown due to wear and tear or defect.

*Less any salvage value if vessel is retained by you after a loss. Agreed Value includes all taxes and fees unless prohibited by state law.

This is a general description of coverage. Additional terms, conditions and exclusions apply to all coverages. Insurance and discounts are subject to availability and qualifications and may not be available in all states.

Policies underwritten by Essentia Insurance Company or Markel American Insurance Company. Insurance services administered by Hagerty Classic Marine Insurance Agency, LLC.

Hagerty is a registered trademark of the Hagerty Group LLC, ©2024 The Hagerty Group, LLC. All Rights Reserved.

Hagerty Classic Marine Insurance Agency, LLC and The Hagerty Group, LLC are wholly owned subsidiaries of Hagerty, Inc. Please refer to publicly filed documents with the Security Exchange Commission, which can also be found at