Boat & Yacht Insurance
Premium Pricing & Discounts

What is a deductible and how does it affect my boat insurance premium?

A deductible is the amount of money you must pay out of your own pocket before your boat insurance kicks in. Typically, the higher your deductible, the lower your premium.

To keep monthly premiums low, boat owners and operators can opt for higher deductibles. But it’s important to choose a deductible you can afford in the event of a loss. Contact one of our agents for more information about the deductible options available to you.