May 19, 2023

Boat & Watercraft Insurance Idaho

Reduce your worries on the water by ensuring you have the right type of coverage for your water-based activities in Idaho Falls and the wider Idaho area.

What would you do if you experienced an accident on the water? How would you replace your watercraft should it incur any damage? Your watercraft can be a considerable investment, and as such, you should ensure you have adequate protection when on the water.

At Alpine Castle Lake Insurance, we have a range of policies to cover you, your family, your friends, your watercraft, and your boating accessories. 

Typically you can expect coverage to start from less than a dollar per day.

Contact us today at 208-552-2100 or request a free online quote to find out exactly how much your watercraft insurance could be.

Common Types of Coverage

There isn't a one-size-fits-all when it comes to boat insurance in Idaho. There are numerous considerations that factor into your coverage and the price you'll pay for the policy. Read on to find out some of the different conditions you can expect to find when taking out boat insurance in Idaho with Alpine Castle Lake Insurance.

  • Navigational Area: The area you will be using your watercraft will influence your policy. Depending on the location of the body of water, coverage under the correct policy is paramount for various watercraft owners. Some companies will cover you up to 75 miles from the national borders. This can extend into Canada or interior bodies of water, and even throughout the southern Pacific borders of Mexico. You can also purchase additional coverage should you be in Florida, Oregon, or California.
  • Agreed Value Coverage: Should your boat be a total write-off, agreed value coverage means you will get the value you insured it for, minus deductibles if applicable. This is important as boats—much like cars—will depreciate with age and use, and without agreed value coverage, you may not get what you expect should you make a claim.
  • Liability: Much like with car insurance, if you are involved in an at-fault accident on the water, watercraft personal liability coverage will cover any claims for damages to third-party property or persons as a result of your actions. Personal liability coverage will cover lost wages, medical bills, and associated costs should someone sustain an injury in an accident for which you are found to be at fault.
  • Medical Payments: As it sounds, medical coverage pays for any medical care required for you, your passengers, and even others you come into contact with—such as water skiers for example. Regardless of who is at fault, medical payment coverage can range between $500 to $10,000 worth of medical bills.
  • Physical Damage Coverage: If you need any repairs to your watercraft, trailer, motor, or permanently attached equipment, physical damage coverage will cover the costs associated with carrying out repairs. This level of coverage means you will be covered if your property is damaged or stolen.
  • Uninsured/Underinsured Watercraft Bodily Injury: Boat insurance isn't a mandatory requirement for boat owners. If you sustain an injury to you or your passengers due to someone else's fault, having uninsured/underinsured watercraft bodily injury coverage ensures you aren't paying out of pocket for medical bills, lost wages, and other costs resulting from the accident, even if the responsible party cannot pay or doesn’t have adequate coverage themselves.
  • Fuel Spill Liability and Wreckage Removal: Did you know that if your boat was to sink or leak fuel, not only will you be responsible for removing it, but you’ll need to clean up any spillage too? This can be a costly endeavor, not to mention time-consuming. Having fuel spill liability and wreckage removal means that should you experience an oil spill or your boat be sunk, your policy will cover these costs.
  • Personal Effects: Boat insurance policies can provide coverage for all of your personal belongings on board, including cell phones, clothing, fishing equipment, sporting equipment, and jewelry.
  • Unattached Equipment Coverage: Unattached equipment coverage is designed for items that are not permanently attached to your boat or watercraft. Such items include; anchors, oars, lifesaving equipment, fire extinguishers, tarps, etc.
  • Emergency Assistance: Should your watercraft be disabled on the water, emergency assistance coverage will cover you for costs associated with towing labor, gas, oil, or battery delivery to help you get back to land safely.

Your watercraft policy needs to be as personalized as possible to provide the right level of coverage for your needs. Talking to our expert advisors at Alpine Castle Lake Insurance can help you determine the type of coverage you need and get your insurance policy in place so you can confidently navigate the waters ahead.