Boat/Watercraft Insurance in Illinois

Boat insurance is not generally required for operating a water vessel on Illinois waterways. However, if you are financing it, your lender may require certain types of coverage until it’s paid off. Regardless, a boat insurance policy is a great way to shelter your finances. Our team of experts at Next Level Insurance Agency in Hanover Park, IL is happy to assist.

Major Types of Boating Insurance Coverage Options

• Property Damage Liability: Helps cover costs of damage to other’s property or vessel
• Bodily Injury Liability: Helps pay for medical bills for the other party or passengers on your boat
• Wreckage Removal: Assists with the costs of retrieving your vessel when legally required to be removed
• Fuel Spill Coverage: Helps with expenses for clean-up of fuels when legally required to be removed
• Watersport Coverage: Assists with medical costs of any guests involved in an accident when participating in water sports

What You Need to Know About Optional Illinois Boat Insurance

Boat insurance is not generally required for operating a water vessel on Illinois waterways. However, if you are financing it, your lender may require certain types of coverage until it’s paid off. Regardless, a boat insurance policy is a great way to shelter your finances.

• Comprehensive Coverage: Covers replacement and repair costs due to vandalism, fire, non-collision-related incidences, and storms and is required for financed boats
• Collision Coverage: Lender-required add-in that covers boats involved in accidents with other vessels and objects in the water
• Underinsured/ Uninsured Boater Coverage: Helps pay for damage and injuries caused by another boater who lacks coverage or doesn’t have sufficient coverage
• Towing Assistance: Covers costs of on-water towing for disabled boats, fuel delivery, and jump starts

Stay Protected with Boat Insurance in Illinois

Next Level Insurance Agency serves Hanover Park, IL and surrounding cities, providing boat insurance coverage to protect your vessel, passengers, and others on the water. Whether you have a cruiser, pontoon, or an impressive yacht, we have boat insurance options for you. Contact us today to learn more.