What losses are covered by boat insurance?
A. Because no two policies are alike, that is not an easy questions to answer. Please review our Boat Insurance Guide for complete answers to this question. All the companies represented by United Marine Underwriters are “All Risk” policies which means everything is covered except what is specifically excluded. So to know what is covered, you review what is excluded. We offer both Agreed Value and Actual Cash Value policies. Review our in depth guide to boat insurance including detailed policy comparison.