Watercraft rental insurance Watercraft rental insurance



Watercraft rental insurance

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Personal Watercraft Insurance

Most people refer to a personal watercraft, or a PWC, by the brand name (Jet Ski®, WaveRunner® or SEADOO®). Whatever you call it, American Modern® can protect it.

Loss free renewal – 5% on first renewal, 10% on successive years

Experience – We will adjust the rate to reflect your boating experience.

Insuring multiple units – 10% if insuring two or more

Included coverage

Personal watercraft are best protected with physical damage protection for the hull, comprehensive coverage for other kinds of damage or loss, plus liability coverage. Where appropriate, a liability only policy can be written.

Market value settlement – In the event of a total loss or theft, we pay the market value (actual cash value), which includes a deduction for depreciation. For a partial loss, we pay the repair cost, minus depreciation for damaged parts. The policy deductible applies.

Medical payments – Policy includes $1,000 of coverage which can be increased up to $5,000.

Optional coverage

Advantage endorsement –

  • Uninsured watercraft and non-owned watercraft liability covered to $15,000 or 50% of per person watercraft liability.
  • Personal effects covered to $150.
  • Emergency assistance and towing covered to $150 ($300 per term).

Advantage Plus endorsement –

  • Uninsured watercraft and non-owned watercraft liability coverage equal to per person watercraft liability.
  • Personal effects covered to $300.
  • Emergency assistance and towing covered to $250 ($500 per term).

Trailer or boat lift – Add physical damage coverage for a trailer designed to transport your insured boat or the lift to take it out of the water.

Watersport liability – Add protection beyond general liability.

Flexible payment options

Automate monthly installments with EZPay, or pay by check or credit card, either in full or in two payments.

Quick Links

  • Get a quote
    • Call us: 866-880-8651
    • Fill out a quote form
  • Find an agent
    • If you want to find an agent now, or have questions, call us at 866-884-6167. Our hours are 8 a.m. to 8 p.m. Monday through Friday.
  • Current customers
    • Make a payment
    • Go to Online Services
    • Manage your account
    • Call us: 800-543-2644

Learn More

The U. S. Coast Guard keeps detailed data on boating accidents. Three red flags stand out.

According to the U. S. Coast Guard, boat training saves lives.

  • Three-quarters of all boating fatalities are due to drowning, and eighty-eight percent of those victims were not wearing a life jacket.
  • Ninety percent of the time, when there is a loss of life on the water, the operator had little to no boat safety training.
  • The top accident causes are operator inattention, improper lookout, operator inexperience, excessive speed, and alcohol.

As insurance professionals, we have a duty to not just advise our boating customers as to the best mix of physical damage and liability coverage for their boat, but to also strongly encourage any new boater to take the time to be trained as a safe boater.

The National Association of State Boating Law Administrators publishes this list of boating education courses.

We suggest you include in your boat renewal notices, or any new policy quote, the contact information for programs in your area.

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