PERSONAL WATERCRAFT

Unlike small boats, personal watercraft are not generally covered by homeowners insurance (and in the rare cases they are, coverage limits are low).

Personal watercraft insurance (PWC) is specifically designed in order to insure these vessels.

A personal watercraft policy covers you or someone who you’ve allowed to operate your craft for incidents that result in:

• Bodily injury to another person.
• Bodily injury to you that is caused by an uninsured watercraft operator.
• Liability—that is, legal costs if you’re sued due to an accident. Most policies also include water sports liability, which covers risks associated with activities such as waterskiing.
• Property damage—for example, to another watercraft, a boat or a dock.

Deductibles and liability limits vary by policy and by company. PWC also may cover:

• Theft of the personal watercraft.
• Towing, if the watercraft is in an accident.

What does Personal Watercraft insurance cover?

Your policy can cover you and your passengers if they’re injured in an accident for which you’re responsible, up to specified limits. You can also add medical payments coverage, which will help cover medical costs for you and your passengers in an accident—regardless of fault, up to your policy’s limits.