Whether you own a jet ski, sailboat, pontoon, large runabout or even a classic - like a Lyman or Chris Craft boat, you bought your boat to enjoy the freedom that being on the water provides. However, you should know that insurance coverage for watercraft varies by the type and use of the vessel being insured.
An individual homeowners policy may not adequately protect the value of the watercraft purchased and the liability you assume with the vessels use. If it is part of your homeowners policy it may contain limitations at the time of a loss which were not anticipated.
Watercraft or a specialized Boatowners policy can provide the coverage that is often missing and needed to fill these gaps.