NBOA Marine Insurance

Boat Insurance Guide

Physical Damages - What is Covered?

On a boat insurance policy, physical damage coverage pays for the repairs to your boat that are necessary as a result of damage caused by a wide range of perils. The best policies provide "all risk" coverage, which means that if the cause of loss is not specifically excluded, it is covered.

Typical causes of loss that are covered include: weather-related perils such as wind, rain, hail, lightning and wave action; fire; loss or damage caused by theft or vandalism; and collisions with docks, submerged or floating objects or other boats. It is wise to select a policy that continues to cover your boat while it is stored on land, or while you transport your boat over land by trailer.

NBOA Marine Insurance only provides the best "all risk" coverage to all our customers, as it is the safest and most comprehensive coverage available to enjoy your boat or yacht.

Read More About Your Boat Insurance Policy

Go to our Boat Insurance Guide Homepage page to go back to the boat insurance basics.

Go to our Physical Damage Exclusions page to see what is NOT covered in some boat insurance policies.

Go to our Policies page to research different marine insurance policies.

Go to our Boat Towing and Personal Property Insurance page to review personal property and boat towing coverage.

Go to our Medical Payments page to read about medical liability insurance.

Go to our Uninsured Boater Coverages page to read about unisured boater insurance.

Go to our Boat Insurance Rates page to check all the possible factors that affect your boat insurance rate.

Go to our Boat Insurance Myths page to dispel some common misconceptions about boat insurance coverage.

Go to our Boat Insurance Tips page for some helpful pointers on choosing the right boat insurance policy.

Go to our Lay-up Coverage page to see why you should keep your policy active during the lay-up

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