Stay Afloat with Boat Insurance in Massachusetts


There are times when life on the open water can offer a welcome break from work, responsibilities, and general life on terra firma. Whether on a lake or at sea, whether fishing, racing, exploring, traveling, or simply relaxing, you and yours can enjoy great times on the water.  

Before you can take advantage of the pleasure that comes from owning and using a watercraft, you do have to put in some work; not only is it necessary to prepare the watercraft for use and to maintain it to keep it in good condition, you also need to concern yourself with what could potentially happen that would prevent your use of it. 

Though it is all too easy to get carried away with the fun elements of using a watercraft, you must be aware that accidents can happen on the water in the same way that they can with a car on the road. 

In order to protect yourself, boat insurance – which is also known as watercraft insurance – is a good idea. Though this type of coverage is often called boat insurance, it does tend to also encompass a range of other water vessels like:

  • Jet-skis
  • Yachts
  • Wave runners 
  • Hovercrafts 

This is in addition to the wide range of vessels that come under the heading of the boat, such as speed, paddle, or sail. Within this page, where reference is made to a boat, this also means the watercraft above. 

No matter what type it is, there are a number of risks that can befall a watercraft and put it out of action, such as:



Fire Collision



Accidental damage

By obtaining a boat insurance policy, the above risks will be covered, in addition to the personal injury suffered while on the boat. 

In the event that you have a loan on your boat, the loan provider is likely to require you to obtain boat insurance. Though having boat insurance is not a requirement by most states, it is encouraged. Even if you own your boat outright, consider the worst-case scenario and your boat being written off completely – you’ll be left with nothing. 

In some cases, a homeowner’s policy may provide a certain level of coverage, but this tends to be up to a limit of $1,000 for damage if the boat is stored at your home. It is unlikely to provide anything for liability.

Our expertise in maritime risks makes Econosurance your perfect partner when you need to know how to protect your boat. We can advise you on the type of coverage you need to ensure you are not out-of-pocket in the event of a risk occurring. Regardless of the type of watercraft that you have, you can be assured that Econosurance will help you find the best deal. You can get a quote by completing our online form or by calling us on 617-864-2444. 

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