Florida Boat Insurance Information
(also Watercraft and Jet Ski Coverage)
The value of quality boat insurance often doesn't become apparent until you really need it. Whether it's a
minor dent or a more substantial accident, it pays to have Florida boat insurance coverage you can
count on.
Let our experienced Florida boat insurance specialist explain the different Liability Limits, Comprehensive,
Personal Injury Protection, Collision, Medical coverages, and deductibles that are available for you to
choose from. We offer affordable boat insurance policies from a leader in the insurance industry.
Click on the link below to fill out a secure quote request form for a Boat Insurance policy that will provide
excellent insurance coverage for your boat at an affordable cost. Or speak with our Florida Boat Insurance
agent specialist at 772-287-1560 to discuss the insurance features.
Learn more about Florida Boat Insurance
coverage options below!
Florida Boat Insurance Questions

Are boat insurance rates higher for new boat owners?

Boating experience is one of the factors incorporated into boat insurance rating. If you have little or no prior
boating experience, it's understandably difficult for an insurance carrier to judge your ability to operate a boat
safely. Therefore, first time boat owners can expect to pay more for Florida boat insurance than an experienced
boater. Completing a boat safety course as a first time owner will demonstrate both a willingness and ability to
operate your boat safely and that can help to reduce rates.

Is there a difference between boat and yacht insurance?

A boat is usually classified as being 26 feet long or smaller, and a yacht is 27 feet and larger. As a longer
vessel, yachts often have larger navigational ranges, encounter a larger variety of hazards, so yacht insurance
tends to be more detailed and expensive than a smaller boat insurance policy.
Boat Insurance Considerations

Hull coverage protects the value of your boat or yacht. There are three primary types of coverage.

Replacement Cost
Under this policy type your totally destroyed 2008 model year boat will be replaced by the insurance company
with the same year and model boat in like condition or you will be given sufficient money to buy that same
year and model in like condition.

Agreed Value Contract
You are paid the boat insurance policy amount limit.

Actual Cash Value
The insurance carrier pays you the depreciated value of the boat.

If your boat sinks in a navigable waterway, you will be required to raise the boat and move it at your own cost
if you have not included this coverage in your boat insurance policy. This can be a large expense so you
should consider the options when setting up your boat insurance policy parameters.

It's also important to remember that your Florida boat insurance will be voided if you travel outside the
specific navigation area that your boat or yacht is insured for. This is normally a warranty / guarantee on
most boat insurance policies. Study your policy closely.
Florida Boat Insurance Info
Covers damage caused to the owners boat from a collision caused by
another boat, vehicle, or other object. The deductible is the amount you
choose to pay upfront (if any) before the boat insurance policy pays. The
higher the deductible chosen the lower the collision coverage cost of the
Florida boat insurance policy.
Covers damage caused to the insured's boat (your boat) from risks such as theft, fire,
falling objects, earthquake, flood, missiles, explosion, riot and civil unrest. The
deductible is the amount you choose to pay upfront (if any) before the boat insurance
policy pays. The higher the deductible chosen the lower the comprehensive coverage
cost of the Florida boat insurance policy.
Florida Boat Insurance Info
Florida Boat Insurance Info
Injuries that you (insured) cause to someone else is covered under this part of a boat
insurance policy. The minimum liability insurance coverage available for purchase in
Florida is 10/20 and is explained in detail below. However, we recommend that you
choose boat liability insurance coverage amounts that are much higher than the
minimums listed below. Contact us at 772-287-1560 to discuss what liability coverage
amounts you require to meet your needs.
10/20/10 10=$10,000 - 20=$20,000 - 10=$10,000
First number = bodily injury liability maximum for one person injured in an accident.
Second number = bodily injury liability maximum for all injuries in one accident.
Third number = property damage liability maximum for one accident.
Damage caused by the insured (you) to someone else's property, such as another
boat or dock, is covered through property damage boat insurance coverage. This
coverage also assists in protecting you if a lawsuit arises from an accident. The
minimum required coverage amount in Florida is $10,000.
Bodily Injury Liability
Property Damage Liability
Florida Liability Coverage limits explanation:
Florida Boat Insurance Info
80% of medical benefits for all reasonable expenses for necessary medical, surgical,
x-ray, dental and rehabilitative services, including prosthetic devices, wheelchairs,
crutches, slings, neck braces and splints (including necessary travel related to
medical care.)
80% of necessary remedial treatment (nursing home care or home nursing care).

60% of disability benefits for any loss of gross income and loss of earning capacity
from inability to work because of an injury suffered in an accident.
Benefits Provided:
Florida Boat Insurance Info
20/40 20=$20,000 - 40=$40,000
First number = uninsured boater maximum for one person injured in an accident.
Second number = uninsured boater maximum for all injuries in one accident.
Example of Uninsured limits:
Covers the insured (you) for your bodily injury caused by a hit-and-run driver or an at
fault driver who has no liability insurance. This is not a required coverage for Boat
Insurance in Florida. Contact us at 772-287-1560 to discuss what uninsured coverage
amounts you require to meet your family or personal needs.
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Florida requires a minimum of $10,000 of (PIP) or personal injury protection coverage.
This coverage pays medical bills for injuries suffered in a boat accident regardless of
who caused the accident.
**The information, pictures, and other content in this website about particular insurance
services is only provided for informational purposes. Any decisions regarding your
insurance needs should be discussed with a licensed insurance agent.
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Proudly Serving South Florida Since 1992
Agrillo Insurance Agency
49 SW Monterey Road
Stuart, Florida 34994
Martin County, FL
(772) 287-1560
Fax: (772) 287-1950

Florida Boat Insurance Solutions!
772-287-1950 fax
Agrillo Insurance Agency of Stuart, Florida
We are a Martin County, FL insurance agency, offering affordable Florida boat insurance in
the following south Florida cities and counties: Stuart, Port St. Lucie, Golden Gate, Coral
Gardens, River Park, Sewall's Point, Indian River Estates, White City, Palm City, North
River Shores, Port Salerno, Jensen Beach, Hobe Sound, Jupiter, Limestone Creek, Jupiter
Farms, Port Sewall, Walton, Fort Pierce South, Ankona, Arundel, Fort Pierce, Juno Beach,
West St. Lucie, Fort Pierce North, Cabana Colony, St. Lucie Village, Juno Ridge, Palm
Beach Gardens, St. Lucie, Vero Beach, Gifford, Indian River Shores, Indrion, Oslo, Eldred,
White City, Lakewood Park, Riomar, Wabasso, Sebastian, Indiantown, Tequesta, North
Palm Beach, Riviera Beach, Haverhill, West Palm Beach, Boynton Beach, Lantana,
Hypoluxo, Palm Beach, Lake Worth, South Palm Beach, Loxahatchee, Greenacres, Jupiter
Island, Boca Raton, Palm Beach Shores, Lake Park, St. Lucie County, Indian River County,
and Palm Beach County, FL. We also offer Florida boat insurance services throughout the
state of Florida, including in the greater Fort Lauderdale, Miami, FL area.