Foremost boat insurance

You buy Foremost boat insurance from local licensed agents, and it protects just about any type of boat, whether that's a bass boat, a pontoon, a sailboat or a cruiser.

Market guide, by state group: $307 to $663Progressive's 2024 to 2025 averages for low-cost and high-cost states, not a Foremost price
Policy issued by: ForemostHow to buy: local agents
Payout after a loss: Total loss replacement cost with Plus or Elite
On-water towing: Towing and assistance with Elite
Financial strength (A.M. Best): A (Excellent), Farmers Insurance Group member

From Foremost's own boat insurance pages (foremost.com).

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

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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 Foremost.

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

Foremost doesn't post fixed rates. The quote you get is built around your particular boat, but the details here show what's on offer and which discounts could bring the price down.

Which boats Foremost covers

According to Foremost, it insures nearly any watercraft. That covers:

Fishing and bass boats
Runabouts and performance boats
Sailboats
Classic boats
Cruisers
Pontoons

PWCs are covered too. A PWC, short for personal watercraft, is a small vessel you sit on top of instead of inside, think of a Jet Ski.

Foremost's plus and elite packages

There are two more complete packages from Foremost, known as Plus and Elite. Each one comes with total loss replacement cost. In plain terms, if your boat is a total wreck, the payment reflects the cost of a replacement rather than the reduced value after years of use.

Both Plus and Elite throw in some added benefits:

Diminishing deductible, so the portion you pay out of pocket on a claim may shrink as time passes
Pollution liability
Hurricane haul-out, which covers some of the cost of lifting your boat from the water ahead of an approaching hurricane
Coverage for your boat lift
Trip interruption benefits
Protection for pets

Towing and emergency help afloat

Towing and assistance come built into Foremost's packages. If you carry the Elite package, Foremost will pay as much as $250 toward gas and oil when you need a hand while out boating.

Optional add-On coverage

If you'd like wider protection, two extra choices exist. Uninsured watercraft coverage steps in when an uninsured person damages your boat or injures you. Medical payments coverage takes care of medical costs following an accident aboard your boat. Both appear on Foremost's boat page.

Ways to save on your premium

Foremost names a handful of ways to cut what you pay. Eligibility depends on things like ownership, storage, and payment.

Discount	Who qualifies
Paid in full	You pay the entire first term in one payment
Boater safety course	You've finished a boater safety course
Marine license	You're a marine license holder
Out-of-water storage	Your boat sits ashore at least three months a year
Multi-policy	You hold other Foremost policies
Multi-unit	You cover more than one boat

The first four appear on Foremost's boat insurance page. A Foremost marine product manager mentions the multi-policy and multi-unit discounts.

Does coverage stop in the winter?

No. Your policy lasts twelve months, and coverage remains active through the off-season. Protection continues while your boat is in storage just as it does when you're out using it.

Getting a Foremost quote

There are two routes to a price. Work with a local licensed agent, or submit a request through the website. Foremost responds to web quote requests by email within 2 to 3 business days, so give yourself a few days of lead time before your coverage needs to start.

Common questions

Is Foremost owned by Farmers?

Foremost Insurance Company, headquartered in Grand Rapids, Michigan, is listed by AM Best as a Farmers Insurance Group member. Foremost itself writes the policy.

Is Foremost a good insurance company?

The Farmers Insurance Group members, Foremost among them, hold an A (Excellent) rating from AM Best. That grade was issued on September 3, 2026. It speaks to financial strength, or the company's capacity to meet its obligations.

Is Foremost good at paying claims?

Claims for boats and watercraft at Foremost go to adjusters with specific training in that area, and you can reach them 24 hours a day, 7 days a week. An adjuster is the person who examines the damage and determines the payout under your policy.

Which company is best for boat insurance?

There's no one company that suits every boat. The clearest path to a decision is comparing what each insurer covers, what discounts it gives, and what it would charge for your boat.

Compare Foremost with

Insurer	Policy issued by	How to buy	Payout after a loss	Towing on the water	Boats it names
Foremost	Foremost	Local agents	Total loss replacement cost with Plus or Elite	Towing and assistance with Elite	Bass, fishing, sail, classic, cruiser and pontoon boats
Farmers	Farmers, Marine Choice program	Farmers agents	Actual cash value with Saver, total loss replacement with Plus	Elite package adds enhanced towing	Pontoon, classic and performance boats, all PWC
Markel	Markel American	Online, by phone or an agent	Agreed value; actual cash value available on yachts	Emergency towing offered	Boats to 26 ft; yacht policy for over 26 ft, houseboats
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