Arizona Boat/Watercraft Insurance coverage

Request a Quote

Boat/Watercraft Insurance coverage

Boat/Watercraft Insurance

If you own a boat or another type of watercraft, it's important to purchase an appropriate insurance policy to protect the money you've invested in watercraft ownership. Another important reason to purchase boat/watercraft insurance is to protect the investment you make in your watercraft.

At Atlas Insurance Solutions, we offer boat and watercraft insurance policies to Arizona residents. We recommend that boat owners do their research to find the ideal policy for their needs. The following are a few things to keep in mind regarding your boat/watercraft insurance policy.

Insurance requirements in Arizona

The state of Arizona does not legally require boaters to carry boat insurance. However, as a boat owner, you will be legally liable to cover expenses if your boat causes damage to the public property or the private property of another individual. For this reason, boat/watercraft coverage is important to have.

Value of your boat

One of the most important factors in determining which watercraft insurance policy is right for your needs is the total value of your watercraft. You should ideally have enough coverage to reimburse for the full value of your watercraft if it should be destroyed in an accident.

If your coverage maximums equal at least the value of your watercraft, you lose nothing even if your watercraft is destroyed in an accident.

Agreed value vs. actual cash value policies

There are two major types of policy. These are agreed on value policies and actual cash value policies. An agreed value policy covers your watercraft based on how much it was worth when you purchased the policy. On the other hand, an actual cash value policy adjusts the amount you are given on claims based on any depreciation your watercraft has experienced.

Contact us at Atlas Insurance Solutions if you have questions about the watercraft policies we offer. We'll be happy to answer your questions and provide you with a quote on a policy that will meet your insurance needs.

Our Partners

See more

  • American Modern
  • ASI
  • Auto Owners
  • Chubb
  • Encompass
  • Hagerty
  • Liberty Mutual
  • Missouri Employers Mutual
  • Nationwide
  • Progressive
  • Safeco
  • Travelers