Your houseboat is your home away from home — and there’s nothing like heading to the water to unwind. American Family Insurance knows what it takes to protect your boat, and your agent will work with you to customize your coverage and ensure you’re proactively protecting your sanctuary on the water.
Houseboat Insurance Coverages
Apart from your standard coverage options, like physical damage, bodily injury and property damage (liability), and medical expense coverage, we’ve highlighted some additional coverages you’ll want to consider adding on to protect your boat and everything on it:
Personal effects coverage: Consider adding personal effects coverage to help protect all those important accessories you keep on your houseboat — things like furniture, clothes and other personal property. We offer coverage up to $100,000 for your personal effects if they’re stolen, damaged or fall into the water.
Watercraft equipment coverage: Covers all the important stuff on your boat, such as the trailer, anchor, bilge pump, installed boat cd player or stereo, boat cover, extra fuel container, installed appliances, installed cabinets or storage, boat cushions, life preservers, first aid, flares, CB radio, depth finder, etc.
Repair cost: This coverage will help ensure your houseboat will be repaired without depreciation. So, we’ll pay what it costs to return your boat to its pre-accident condition or better.
Agreed value: You’ll need to have this coverage if you want to know exactly what you’ll be paid in the event of a total loss. You’ll send proof of the current market value of your boat and if you face a total loss, we’ll pay that amount. This coverage also includes repair cost coverage for partial losses.
Houseboat Insurance Limitations
Though we offer coverage for all kinds of houseboats, there are some limitations:
- Your houseboat cannot be used as a permanent residence
- It cannot be used for business pursuits (unless a business owner policy is purchased)
- 54’ length maximum (Georgia insures boats up to 40’)
- MSRP must be less than $250K
- Max horsepower is 500 for one engine and 1,000 for dual engine boats
Connect with your American Family Insurance agent to get the best coverage for all your water adventures.