Boat

Boat Insurance in Florida

Sun, saltwater, and smooth sailing—make sure your boat is protected before you launch.

Whether you're cruising the Gulf, fishing in the Keys, or exploring Florida's inland waterways, owning a boat means freedom- but it also comes with risk. Accidents, storm damage, and even theft are more common than many boaters realize.

At Ted Todd Insurance, we’re here to help you find the right boat insurance policy in Florida to protect your vessel, passengers, and finances- so you can enjoy life on the water without worry.

What Does Boat Insurance Cover?

Boat insurance helps protect you, your passengers, and your vessel from both on-the-water accidents and off-the-water damage. Here's what’s typically included:

Key Boat Insurance Coverages

• Liability Coverage- Covers injuries or property damage you cause to others while operating your boat. This includes medical bills, legal costs, and damage to docks, other boats, or people.
• Property Damage- Covers your boat, motor, trailer, and permanently attached equipment if they're damaged due to a covered event- whether you're on the water or in storage.
• Collision Coverage- Helps pay for repairs or replacement if your boat hits another boat, dock, or submerged object. Even experienced boaters run into unexpected hazards- this coverage keeps accidents from sinking your finances.
• Comprehensive Coverage- Protects your boat from non-collision-related damage like theft, vandalism, fire, flooding, or storm-related incidents (especially important during Florida’s hurricane season).
• Towing & Emergency Assistance- Covers on-water towing, fuel delivery, jump-starts, and soft ungrounding. Think of it like roadside assistance, but for the water- a must-have when you're out beyond cell service.

Understanding Deductibles

Just like auto or home insurance, your boat policy includes a deductible- the amount you pay out-of-pocket before your insurance kicks in.

Some policies have separate deductibles for hurricane damage or theft, so it’s important to review those carefully. You can choose from flat dollar amounts or a percentage of the insured value of your boat.

We’ll help you choose a deductible that strikes the right balance between monthly premium and potential out-of-pocket costs.