Texas Boats
Get The Best Rates In Texas
From America's boat insurance experts since 1984
Ah, the Lone Star State. There's nothing quite like boating in Texas, whether it be on one of its many lakes and rivers, or along the Gulf Coast. NBOA Marine Insurance, a leader in boat and yacht insurance, would like to remind you that when buying Texas boat insurance, remember that Texas is a unique state and exposed to many different perils, such as hurricane wind damage, hail, flooding, sun damage, submerged objects in rivers, and more.
Here are some features to Texas boat insurance to keep in mind:
- Hail damage is a big concern in Texas. Be sure your policy covers damage resulting from hail storms.
- Be sure damage to your electronics and other equipment is covered in the event of a lightning strike.
- Most carriers use a separate windstorm deductible in the event a boat is damaged during a named windstorm. This may be 5% to 10% of the hull value. For inland Texas boaters, a windstorm may not apply.
- Navigation limits might exclude the coastal exposure, so be sure to check your policy if you plan to use your vessel in the Gulf.
- Tornados are also a common peril in Texas. Is your boat protected from tornado damage?
- Some carriers will require owners to be a full time resident of Texas, and not be absentee owners. Carriers want to make sure owners are with their boat at all times and are not absentee owners, because this represents an added risk for theft. In case of a hurricane, carriers want to make sure owners are able to get their boats to safety.
- Bass boats should also have customized coverages due to high value fishing equipment, chartering, navigation, and speed.
- High-Speed or go-fast boats present a greater risk, so they are subject to a different set of underwriting guidelines.
- A hurricane haul out agreement may be required, or may make you eligible for a discount on your premium.