Pleasure craft insurance provides protection for boat / water craft owners from financial losses caused by accidents, theft, or damage to their boat.

Coverage typically includes:

• Hull insurance: Covers damage to the boat itself, including the hull, engine, and equipment.
• Liability insurance: Protects you from lawsuits brought against you by third parties for injuries or property damage caused by your boat.
• Theft insurance: Covers the loss of your boat due to theft.
• Collision insurance: Covers damage to your boat caused by a collision with another object.
• Towing and salvage: Covers the cost of towing your boat to safety or salvaging it if it sinks.