Does USAA Offer Boat Insurance?

USAA provides boat insurance policies for members through partnerships with leading boat insurance companies. With options for all types of personal watercraft, USAA aims to keep members’ boating dreams afloat.

What is Boat Insurance?

Boat insurance provides financial protection for your watercraft. It typically includes:

• Liability coverage – Pays for injuries or property damage you cause with your boat.

• Medical payments – Covers medical expenses for you and your passengers after an accident, regardless of fault.

• Physical damage – Repairs or replaces your boat if it’s damaged or stolen.

• On-water towing – Pays for a tow if your boat breaks down on the water.

• Personal effects coverage – Reimburses you if items like fishing gear are damaged or stolen.

Boat insurance gives peace of mind on the water and helps cover expensive repairs. It may be required if you finance or lease your boat.

Does USAA Offer Boat Insurance?

Yes, USAA provides boat insurance for members. They partner with Progressive and Markel to offer policies for all types of recreational watercraft.

USAA has partnered with Progressive Boat Insurance for over 30 years. Progressive covers boats under $150,000 in value. This includes personal watercraft, motorboats, fishing boats, pontoons, and small sailboats.

For high-value yachts and boats over $150,000, USAA partners with Markel Specialty Boat Insurance. Markel offers specialized coverage and claims handling for luxury boats.

USAA boat insurance includes the standard coverages boat owners expect, plus extras like on-water towing. Members can also earn discounts for safety courses, claims-free history, insuring multiple boats, and more.

What Types of Boats Does USAA Insure?

With Progressive and Markel, USAA insures all kinds of recreational watercraft:

• Personal watercraft – Jet Skis, Sea-Doos, WaveRunners
• Motorboats – Bowriders, deck boats, cuddy cabins
• Fishing boats – Bass boats, bay boats, flats boats
• Pontoons – Luxury or basic models
• Sailboats – Mono and multihulls under $150,000
• Yachts – High-value boats over $150,000

USAA boat insurance is designed for privately-owned recreational boats only. It does not cover boats used for commercial purposes like charter fishing or water taxis.

What Does USAA Boat Insurance Cover?

USAA boat policies include standard coverages plus extras tailored for boaters’ needs:

Liability – Bodily injury and property damage to others you’re responsible for.

Medical payments – Onboard medical costs regardless of fault.

Physical damage – Collision, sinking, fire, theft, vandalism, and more.

On-water towing – For breakdowns and jump starts.

Personal effects – Fishing/watersports gear and personal items.

Emergency services – Costs for divers, on-scene cleanup, etc.

Agreed value – No depreciation on total losses.

No depreciation – On most partial losses.

Water sports coverage – For tubing, wakeboarding injuries/damage.

Rental reimbursement – If your boat can’t be used after a covered loss.

Pollution liability – For fuel spills and environmental mishaps.

Uninsured boater – Covers you if hit by an uninsured boater.

How Much Does USAA Boat Insurance Cost?

Boat insurance rates vary widely depending on factors like:

• Type of boat – Fishing boats often cost less than speedboats.

• Size/value of boat – Rates increase for larger, pricier boats.

• Engine type – Outboard motors are generally cheaper than inboard.

• Where it’s moored – Coastal areas cost more than inland lakes.

• Your experience – New boaters pay more than experienced captains.

• Driving history – Accidents or violations raise rates.

• Desired coverage – Higher limits and extra options increase premiums.

On average, boaters pay around $300-$500 per year for basic liability and physical damage. High-performance boats and yachts can cost $2,000+ annually.

USAA members may qualify for discounts to reduce rates, including:

• Multi-policy – For bundling boat with auto or home insurance.

• Multi-boat – Insuring more than one boat with USAA.

• Safety course – For completing a boating safety class.

• Experience – For years owning/operating a boat claims-free.

• Loyalty – For renewing with USAA annually.

• Paid-in-full – For paying premiums upfront rather than monthly.

• Automated payments – For enrolling in automatic monthly withdrawals.

Getting an accurate boat insurance quote is easy with USAA’s online quoting tool. Members simply provide details about their boat and desired coverage to see tailored rates.

Why Use USAA for Boat Insurance?

USAA offers several advantages for members’ boat insurance:

Boating expertise – With 40+ years in boat insurance, USAA knows how to cover watercraft right.

Highly rated partners – Progressive and Markel have excellent financial strength ratings.

Superior claims service – Boat claims are handled promptly and fairly.

Member discounts – Exclusive savings opportunities lower premiums.

Policy options – Comprehensive packages or just liability coverage.

Agreed value – No depreciation simplifies claims.

Worldwide navigation – Coverage includes U.S. waters and abroad.

Flexible payments – Pay annually, semi-annually, or monthly.

Bundling options – Discounts when added to other USAA policies.

Excellent financial strength – USAA retains strong financial ratings year after year.

Award-winning service – USAA earns high marks for customer satisfaction.

How to Get a USAA Boat Insurance Quote

Ready to get a boat insurance quote from USAA? There are two easy ways:

Online – Visit USAA’s boat insurance page and enter details about your boat. You’ll get an instant quote.

Phone – Call a USAA agent at 800-531-8722. Describe your boat and they’ll provide quotes.

The quoting process only takes about 15 minutes. You’ll need information like:

• Year, make, and model of your boat

• Length and horsepower

• Where it’s stored and operated

• Safety features like fire extinguishers

• Your boating experience

• Desired coverage types and limits

Once you have quotes, you can purchase the policy completely online or over the phone. There’s no obligation to buy.

The Bottom Line on USAA Boat Insurance

For boat owners, USAA delivers an unbeatable mix of value, service, and protection. Their partnerships with top insurers like Progressive and Markel provide comprehensive, competitively priced coverage for all types of watercraft.

With benefits tailored for boaters’ unique risks, expert claims handling, and member discounts, USAA boat insurance gives peace of mind on the water. Their high ratings for financial strength and customer satisfaction show that they have members’ best interests at heart.

So whether you own a bass boat, bowrider, sailboat or yacht, check out USAA boat insurance for reliable protection. Keep your boating dreams afloat with a policy designed by and for boaters.