New Hampshire boat insurance

How does New Hampshire boat insurance work?

Although New Hampshire doesn't have a law mandating boating insurance, there are other reasons to consider it. Lenders may require boat insurance as part of their loan terms, and private marinas and docks may also ask for proof of insurance before letting you use their facilities.

A New Hampshire boat insurance policy may also help with the cost of repairs or replacement in the case of theft or vandalism. And if someone gets injured or damages their property while on your boat, the liability coverage on your boat insurance can help pay for the medical bills and damages you're responsible for.

What's included in a standard Progressive New Hampshire boat insurance policy?

Bodily injury liability coverage may help cover medical expenses if someone on your boat – or on another boat – is injured and you're responsible for their injury. Property damage liability coverage may pay for damages your boat may have caused to another boat, marina, or dock, for example. This coverage may also help with legal fees that arise because of a property damage incident. For your liability coverages, an umbrella policy can offer extra protection if you need more than a $500,000 liability limit. Umbrella policy limits typically can be obtained up to $5 million.

Wreckage removal coverage may pay for the removal of your boat from the water in the event it sinks and you are legally required to remove it.

Watersport coverage helps pay for medical costs associated with accidents involved in on-the-water sports such as water tubing, water skiing, etc.

Fuel spill covers legally required clean-up costs associated with spilled fuel, no matter how it happened.

Optional boat coverages

Comprehensive and collision: Comprehensive coverage covers the cost to replace or repair your boat for events outside of your control, such as fire, theft, vandalism. This type of coverage may be helpful if you tend to store your boat during the long winter months when your boat isn't in use. On the other hand, collision coverage protects your watercraft from accidents involving other boaters and objects such as buoys and docks. If you're financing your boat, your lender will likely require both comprehensive and collision on your boat insurance.

Sign & Glide^®†: Sign & Glide^® towing assistance will help if your boat gets stuck in the water with on-water towing, jump starts, fuel delivery, and more.

Propulsion Plus^® mechanical breakdown: Propulsion Plus^® mechanical breakdown coverage will help if the lower unit of an outboard motor or the upper and lower units of an inboard/outboard motor suffer a mechanical breakdown — even if it's from wear and tear.

See all boat insurance coverages.

How much is boat insurance in New Hampshire?

When it comes to boat insurance, New Hampshire is considered a low-cost state because it has a comparatively small coastline, and the boating season isn't as long as in states farther south. In addition to the type of coverage you opt for, many factors determine the cost of New Hampshire boat insurance, including:

• Make, model, and year of the boat: Insuring larger, older, or more expensive boats often leads to higher premiums.
• Boating experience: More experienced boaters may pay less for boat insurance than newer boaters.
• Your age: Generally, the older you are, the more affordable your rate may be.
• Claims history: This may include both at-fault and no-fault claims.

How can I lower my boat insurance rate in New Hampshire?

Discounts vary by state, but in New Hampshire, you may be able to lower your insurance rate if:

• Multi-boat discount: You insure more than one watercraft on your Progressive boat policy.
• Original owner: If you're the original owner, you're entitled to a discount on your boat insurance policy.
• Multi-policy discount: If you have another policy with Progressive, you can bundle and save on boat insurance.
• Safety course: You completed a New Hampshire-approved safety course.

See if you qualify for more boat insurance discounts.

How to get boat insurance in New Hampshire