Boat Insurance Calculator
Get a rough estimate of what boat insurance might cost, and compare well-known national insurers.
This is a rough planning estimate based on general industry rate-of-thumb ranges (boat insurance typically runs 1.5%–5% of insured value per year) and regional risk factors — it is not a quote. Actual premiums depend on the insurer's underwriting, your claims history, coverage limits, and boat condition. Get a real quote from one of the insurers below for an accurate price.
What affects boat insurance cost?
The main factors insurers actually weigh when pricing a policy.
Boat value & type
Higher-value boats and performance/sailboats generally cost more to insure than basic fishing boats or pontoons of similar value.
Where you keep it
Coastal and hurricane-exposed states carry higher marine insurance risk than inland freshwater states.
Length & horsepower
Larger, more powerful boats carry more liability exposure and typically cost more to insure.
Boating experience & claims history
Experienced boaters with a clean claims history typically qualify for lower rates.
Compare national boat insurers
Get an actual quote from one of these — the calculator above is only a planning estimate.
BoatUS
The largest boat-owner membership organization in the US, with its own marine insurance program and on-water towing plans.
Best for: Most boat owners, especially those who also want towing coverage
Progressive
One of the largest boat insurers in the country, with online quotes and bundling discounts alongside auto/home policies.
Best for: Owners who want to bundle with an existing Progressive policy
GEICO
GEICO's boat insurance is underwritten through the BoatUS program, offering similar coverage with GEICO's customer service.
Best for: Existing GEICO customers
Markel
A specialty marine insurer with deep experience covering larger boats, yachts, and higher-value vessels.
Best for: Larger boats, yachts, and higher-value vessels
Foremost
A specialty insurer covering boats, pontoons, and personal watercraft, often available through independent agents.
Best for: Pontoons and personal watercraft