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Boat Repair Cost Coverage

Repair Cost Coverage for Boats

Whether a fishing boat, PWC or power boat, protecting your watercraft with insurance is one of the smartest moves you can make. And making sure you’re educated about your coverage options will help you better protect your investment. Learn how optional coverages, like repair cost coverage, provides greater protection for your boat in the event of the unexpected.

What Is Repair Cost Coverage?

Repair cost coverage means your boat will be repaired without depreciation in the event of a covered loss. This means we’ll pay what it costs to return your boat to its pre-accident condition or better when repaired.

What Is Covered by Repair Cost Coverage?

As long as your boat and motor are less than fifteen years old, repair cost coverage covers the repair work done on your boat, motor, equipment or trailer.

How Much Does Repair Cost Coverage Cost?

When you add repair cost coverage to your boat policy, you premium will typically increase by 5-10 percent — which is a small price to pay if your boat experiences damage.

More Additional Boat Coverages

American Family offers optional coverages to enhance your protection and your peace of mind. Take a look and find out ways you can customize your boat policy to match your needs:

Personal effects and fishing equipment coverage. This add-on protects you against the loss of those extra items you may use on your boat, such as fishing equipment, diving equipment and clothing.*

Agreed value hull coverage. With this coverage, we will pay the agreed value limit you select for your insured watercraft in the event of a covered total loss. The coverage automatically includes repair cost coverage for partial losses.*

Uninsured or underinsured watercraft coverage. This coverage helps protect you against damages suffered in an accident caused by a driver who has no liability coverage or inadequate liability coverage.

Connect with an American Family Insurance agent to learn more about your coverage options for protecting your boat or watercraft.

*These add-ons may be subject to limitations.