Liberty Mutual boat insurance
Liberty Mutual boat insurance can protect many personal watercraft, from jet skis to sailboats, and you can get it from the company itself or via an independent agent.
- Market guide, by state group
- $307 to $663Progressive's 2024 to 2025 averages for low-cost and high-cost states, not a Liberty Mutual price
- Policy issued by
- Liberty MutualHow to buy: by phone or 20,000+ independent agencies
- Payout after a loss
- Agreed value named as an option in its guide
- On-water towing
- On-water towing offered
- Financial strength (A.M. Best)
- A (Excellent)
From Liberty Mutual's own boat insurance pages (libertymutual.com).
Your boat's yearly range across insurers, in three taps
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What kind of boat?
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What you paid, or what boats like it sell for. A rough figure is fine.
Type the value in dollars, between $500 and $5,000,000.
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An estimate, not a quote. How we work it out
The line reaches Boat Insurance Compare. Have the boat, its value and your state ready.
Rather have it in writing? Send a quote request with the answers you just gave.
Which boats Liberty Mutual insures
Liberty Mutual says it can insure many watercraft, ranging from small craft to bigger boats:
- Personal watercraft such as jet skis
- Pontoons
- Fishing boats
- Powerboats
- Sailboats
A boat that matches one of these groups is among the kinds Liberty Mutual says it covers.
What this coverage pays for
Physical damage coverage handles harm to the boat itself. Liberty Mutual says this may apply to the hull, motors and equipment, including gear that is not fixed to the boat. The hull is the boat's main body, the section that rests in the water.
It also lists emergency help, like a tow if you are stranded on the water. Liberty Mutual includes this among the things its boat insurance may assist with.
Liability limits for boats
Liability coverage applies if you injure someone or damage their property while boating and you are responsible. The limit is the largest amount the policy will pay toward that type of claim.
Liberty Mutual's guide gives $100,000 to $500,000 as typical boat liability limits. Choosing a higher limit means more money is available after a serious accident.
Is agreed value coverage available?
With agreed value, you and the insurer fix the boat's value when the policy begins. A total loss would pay that set amount.
Liberty Mutual's boat guide calls agreed value an optional coverage worth thinking about. It does not state whether Liberty Mutual's own policy includes it, so ask when you request a quote.
Discounts that lower the price
Several discounts are listed by Liberty Mutual, but only one has a stated savings figure.
| Discount | Who qualifies | Stated saving |
|---|---|---|
| Boat Ownership Credit | People with two or more years of boat ownership | As much as 5% |
| Boat Course Discount | Those who finish a recognized boating safety course | Not given |
| Boating club membership | Active members of the US Power Squadron or the US Coast Guard Auxiliary | Not given |
| Bundle with auto | Customers who insure a car with Liberty Mutual too | Not given |
All of this comes from Liberty Mutual's boat insurance page. New boaters can earn the safety-course discount ahead of their first season on the water.
What boats like yours cost to insure, across insurers
| Boat worth about | Pontoon, bass or ski boat | Sailboat | Jet ski |
|---|---|---|---|
| $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 |
A market guide for a middle-cost state, not a Liberty Mutual price. Every boat, value and state
The same boat in low, middle and high-cost states
| Progressive cost tier | Tier average a year | A $25,000 pontoon a year | States such as |
|---|---|---|---|
| Low-cost, 17 states | $307 | $250 to $590 | Michigan, Minnesota, Wisconsin |
| Middle-cost, 17 states | $413 | $300 to $800 | Georgia, Ohio, Tennessee |
| High-cost, 16 states | $663 | $480 to $1,250 | Florida, Texas, California |
Tier averages from Progressive. Your state's tier and rules
Buying a policy: directly or with an agent
A quote is available by phone from Liberty Mutual itself. The company is also offered through more than 20,000 independent agencies, according to the former Safeco site, which now operates under the Liberty brand.
An independent agency is a local insurance office offering policies from multiple companies. Using one lets you compare Liberty Mutual with other insurers during one visit.
Filing a claim
Claims can be started and followed in the Liberty Mutual app, so you can check progress from your phone after filing.
Liberty Mutual's financial strength
Liberty Mutual says A.M. Best gives it an A (Excellent) financial strength rating. A.M. Best scores insurers on how well they can pay claims, and A is one of its stronger marks.
Frequently asked questions
How much does boat insurance usually cost?
Liberty Mutual's boat pages never publish an average or starting premium. Your price becomes clear only after a quote based on your situation.
Which company has the cheapest boat insurance?
No insurer is the lowest for every boat. Our sources include no insurer price comparisons, so the only way to find your lowest option is to compare actual quotes.
Is State Farm or Liberty Mutual cheaper?
There are no published boat-insurance prices for either company. Getting quotes for the same boat from both would show which costs less for you.
Compare Liberty Mutual with
| Insurer | Policy issued by | How to buy | Payout after a loss | Towing on the water | Boats it names |
|---|---|---|---|---|---|
| Liberty Mutual | Liberty Mutual | By phone or 20,000+ independent agencies | Agreed value named as an option in its guide | On-water towing offered | Jet skis, pontoons, fishing, power and sail boats |
 Travelers | Travelers Indemnity and affiliates | Online, by phone or an independent agent | Choice of agreed value or actual cash value | TravAssist on-water towing, optional | Pontoons up to yachts; no quotes in Alaska, Florida, Hawaii or Louisiana |
 Nationwide | Nationwide Mutual and affiliates | Agents or by phone | Ask the agent which basis applies | On-water towing and labor, optional | Boats worth up to $350,000; jet skis need a separate policy |
 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 |
Ready for real numbers?
Tell us the boat, what it is worth and where you keep it.
This line reaches Boat Insurance Compare, not Liberty Mutual.