Personal Watercraft 

Your homeowner policy may not cover personal watercraft; so you might need to purchase a policy that is specially geared to your watercraft. A personal watercraft policy includes:

• Bodily injury
• Property damage
• Guest passenger liability
• Medical payments
• Theft

Typical policies include deductibles of $250 for property damage, $500 for theft and $1,000 for medical payments.

Liability limits start at $15,000 and can be increased. This coverage will provide financial protection if your personal watercraft is involved in an accident.  We will recommend a liability limit of $300,000 or more. 

Most policies also include water sports liability, which covers risks associated with activities such as waterskiing.

You may want to consider buying an umbrella policy which will provide more liability protection. One million dollars in extra coverage costs about $300 a year and would extend to your home and auto insurance policies as well.

If you have several personal watercraft, you may qualify for a multi-boat discount on your insurance. Additional coverage can also be purchased for trailers and other accessories.

 Watercraft safety:

 Sea Doos, Wave Runners and other personal watercraft are fun and so easy to use that you can get a false sense of security; however, each year they cause thousands of serious injuries.

• Never follow directly behind another personal watercraft. Stay at least 100 yards behind the vessel in front, and no less than 50 yards to one side. Because these vessels can travel at a very high rate of speed, each rider must be able to react to sudden changes in order to avoid a collision. Eighty percent of all injuries and fatalities occur when two vessels collide with one another.
• Don’t jump the wake of a passing boat. You could misjudge its speed and cause a collision. Or you might end up in the path of traffic coming from the other direction.
• Stay alert! Be aware of what is going on around you. Steer clear of other watercraft, swimmers, divers, water skiers and fishermen.

 information from Insurance Information Institute