Boat Insurance

Insurance cost varies depending on several factors, including the type and size of your watercraft, its value, where you use it, and your water experience. On average, marine insurance can range from $200 to $500 annually for smaller watercrafts, while larger or more expensive vessels may cost $1,000 or more per year to insure. At Utah Community Credit Union, we work with multiple insurers to find you the best marine insurance quotes tailored to your specific needs. Factors that can affect your premium include the boat’s horsepower, whether it’s used in freshwater or saltwater, and your claims history. To get an accurate boat insurance quote, contact our insurance agent near you or use our online quote tool.

While Utah law doesn’t require marine insurance, we strongly recommend it for all owners. Even if you’re not legally obligated to have insurance on your watercraft, it’s a wise investment to protect your vessel and yourself financially. Many marinas and lakes require proof of insurance before allowing you to use their facilities. Additionally, if you’re financing your water vehicle, your lender will likely require insurance. Marine insurance provides crucial protection against accidents, theft, and liability claims. At Utah Community Credit Union, we offer comprehensive insurance policies tailored to your needs, ensuring you’re covered whether you’re cruising, playing, or fishing.

Insurance typically covers a range of scenarios, including damage to your boat, theft, and liability for injuries or property damage you may cause to others. Specific coverage can include:

• Collision damage
• Property damage liability
• Bodily injury liability
• Comprehensive coverage (fire, theft, vandalism)
• Uninsured/underinsured boater coverage
• On-water towing and assistance Even if you rarely use your boat, insurance is still important. Your boat can be damaged while in storage, stolen, or vandalized. Plus, occasional use doesn’t eliminate the risk of accidents when you do take it out. At Utah Community Credit Union, we can help you find affordable marine insurance that provides peace of mind year-round, whether your boat is in the water or in storage.

Finding marine insurance near you is easy with Utah Community Credit Union. As a local financial institution, we understand the specific needs of Utah boaters and offer personalized service. To get marine insurance quotes, you can:

1. Visit our website and use our online quote tool
2. Call our dedicated insurance line at (801) 223-7400
3. Visit any of our branch locations to speak with an insurance agent near you We’ll ask for details about your boat and your boating habits to provide accurate quotes. We work with multiple insurance providers to ensure you get competitive rates and comprehensive coverage. Whether you’re looking for basic liability coverage or a full-spectrum policy, our marine insurance experts can help you navigate your options and find the best protection for your vessel and your budget.