Boat Rental Insurance

Boating Liability Contributors

If you are conscious of the potential liabilities you may encounter when operating a rented boat on your vacation or posting your yacht for vacation rentals, figuring out the insurance overage you need should be easy. With boat rental insurance, much of the liability and concerns you worry about are covered during a sail out to sea or the sun-lit lake.

Accidents Happen

According to the United States Coast Guard and information found at, watercraft accidents are quite common, dangerous, and costly for those involved. In 2017, almost 4,300 recreational boating accidents occurred, causing about $46 million in property damage. For these reasons, it is recommended that you purchase insurance coverage when operating:

  • Large sailboats
  • Yachts
  • Jet boats
  • WaveRunners
  • Seadoos

Any vessel or equipment that operates over 25 mph is recommended for boating insurance. Insurance for things like canoes, kayaks, or other slow, inexpensive watercraft isn’t usually necessary. However, consider the use and ownership of these items when determining what insurance plans you will need to protect against your exposures.

Policy Locators

If you are going to offer boating rentals, check with your insurance agent about endorsements or policies that address your risks. If you tend to lease equipment more consistently, you may also want to look into your boating liability concerns. Whenever you are in doubt, it is best to carry coverage for you and the boat you will be operating.