BoatUS insurance

BoatUS insurance is coverage for boats and personal watercraft sold through BoatUS and backed by GEICO Marine Insurance Company, open to owners with a U.S. address anywhere in the country, including DC.

Market guide, by state group: $307 to $663Progressive's 2024 to 2025 averages for low-cost and high-cost states, not a BoatUS price
Policy issued by: GEICO MarineHow to buy: BoatUS, in all 50 states and DC
Payout after a loss: Agreed hull value (except PWC) or actual cash value
On-water towing: TowBoatUS add-on starting at $3 a month
Financial strength (A.M. Best): A++ (Superior)

From BoatUS's own boat insurance pages (boatus.com).

Your boat's yearly range across insurers, in three taps

1 of 3

What kind of boat?

Typical yearly prices in a middle-cost state, by boat and value:

Typical yearly boat insurance prices by boat type and value
Boat worth about	Pontoon, bass or ski boat	Sailboat	Jet ski
Under $10,000	$300 to $450	$500 to $750	$100 to $380
$10,000 to $25,000	$300 to $800	$500 to $880	$180 to $500
$25,000 to $50,000	$380 to $800	$500 to $1,500	Few are worth this much
$50,000 to $100,000	$750 to $1,130	$750 to $1,500	Few are worth this much
$100,000 to $250,000	$1,750 to $2,630	$1,750 to $2,630	Few are worth this much

Want a firm price for your boat? An agency quotes it by phone or from a short request. Calls go to Boat Insurance Compare, not to BoatUS.

Send a quote request Call +1 (833) 721-5475

BoatUS insurance review

GEICO Marine Insurance Company underwrites the policies. That carrier is the one responsible for paying a claim. AM Best kept its A++ (Superior) financial strength grade for GEICO group companies, this one included, on April 16, 2026.

Help with claims and dispatch is available 24 hours a day through a nationwide group of towers, salvors, and surveyors. Salvors handle boats that have sunk or grounded, while surveyors look over and judge the damage.

BoatUS says boaters may trim up to 10% for any of these:

Finishing a safety course
Covering more than one boat
Having a GEICO auto policy

Agreed hull value plans come with a disappearing deductible too. Your deductible is your own share of a claim. Each year without a claim cuts it by 25%, down to $0, beginning with the first renewal.

BoatUS boat insurance coverage

Pick how the boat is valued after a total loss. Two main choices exist.

Choice	Payout if a total loss	Best fit
Agreed hull value	Up to the value set when coverage begins	Most boats, excluding personal watercraft
Actual cash value	The boat's current market price	Smaller boats and personal watercraft

Liability-only coverage is offered when no lien holder is attached to the boat, so no lender has rights to it. Salvage and wreck removal are included.

Agreed hull value also brings consequential damage coverage, meaning harm that follows events such as a fire, blast, sinking, or crash.

Extras you can add

Optional endorsements, meaning add-ons to the base policy, can include:

Protection for ice and freezing
A lifetime repair guarantee
Mechanical breakdown help
Coverage for personal effects

Supplemental family medical payments can add $25,000 on top of the medical payments limit you choose.

TowBoatUS towing can start as low as $3 a month, with price tied to the boat's size and where it is kept.

Where you can cruise and storm protection?

With agreed hull value, cruising is allowed across the U.S. and Canada. You can add extensions for the Bahamas, Caribbean, and Mexico.

Hurricane haul-out covers half the bill to move or haul your boat ahead of a NOAA named storm, with a $1,000 cap.

Getting a quote

You can apply online or call. Claims can be reported by phone as well. Keep ready the boat type, its value, and where it is kept.

Common questions

Is BoatUS an insurance company?

The seller is BoatUS, while GEICO Marine Insurance Company backs the coverage; GEICO Marine takes on the risk and pays claims.

How much does BoatUS insurance cost?

A typical price is not possible, since it depends on your boat and where it stays. The published figures are towing starting at $3 a month and savings that can reach 10%.

How are GEICO and BoatUS insurance connected?

GEICO Marine Insurance Company backs BoatUS boat and PWC policies. A GEICO auto policy can also make you eligible for savings that can reach 10%.

Who has the cheapest boat insurance?

No single insurer is cheapest for everyone, because pricing shifts with boat, value, and location. The fair check is to line up quotes for the same boat and the same coverage.

Compare BoatUS with

Insurer	Policy issued by	How to buy	Payout after a loss	Towing on the water	Boats it names
BoatUS	GEICO Marine	BoatUS, in all 50 states and DC	Agreed hull value (except PWC) or actual cash value	TowBoatUS add-on starting at $3 a month	Most boats qualify; liability-only for boats with no lien
GEICO	GEICO Marine Insurance Company	Through BoatUS	Choice of agreed hull value or actual cash value	Add-on through BoatUS, 24/7	Boats up to 50 ft and $2,500,000
Progressive	Progressive	Online or by phone	Partial losses paid at full replacement cost with comprehensive and collision	Sign & Glide on-water towing, optional	Up to 50 ft and $500,000; excludes houseboats, steel or wood hulls
SkiSafe	AXIS Insurance Company	Online	Choice of agreed value or actual cash value	Optional towing and roadside help	Survey required over 36 ft or for older boats