Jet ski insurance, which is often called personal watercraft (PWC) insurance, will help you avoid paying a lot of money for damage caused by storms, accidents, fires, and even travelling. It tells you things like Depending on your policy, auto insurance can cover and protect your car in different ways.
Just like home, car, and other kinds of insurance, jet ski insurance policies come in different shapes and sizes, and it can be hard to find the right one. At the very least, you’ll need to think about how much coverage you want or need (some states require liability coverage), how much you can afford, and what kind of coverage is best for how you use your PWC. A good policy gives you basic liability insurance that protects you against accidental damage to your property and injuries to yourself or other people.
You should also think about getting a policy that will protect you from things like fuel spills or natural disasters that could be dangerous or expensive.
Find the best jet ski insurance for your needs by reading on.
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2022’s Best Jet Ski Insurance
- Best Overall: Ski Safe
- Best for Bundling: Nationwide
- Best for Policyholder Benefits: Allstate
- Best for Multiple Jet Ski Coverage: Progressive
- Best for Custom Coverage: Markel
- Global Marine Insurance Agency is the best name for a business.
Final Verdict
You can save a lot of money over time with jet ski insurance, but only if you find the right policy and provider. The companies listed above offer a wide range of policies that can be customised and are priced competitively. Which one should you choose? That depends on a number of things, like your budget, how much coverage you want or need, and whether or not you are eligible for a discount.
Some companies, like Nationwide, Progressive, and Allstate, offer discounts for having more than one policy with them. This could save you money if you add a policy to your existing home or car insurance. If you don’t want to bundle your policies, a specialty insurance company like Markel, Ski Safe, or the Global Marine Insurance Agency may offer you better rates or more customised coverage. Get a free quote from each company and compare prices, coverage, and other benefits before making a decision.
What is insurance for a jet ski?
Jet Ski insurance protects you and your jet ski from things like crashes, storm damage, liability, fuel spills, vandalism, and other bad and expensive things that can happen. Most of the time, Jet Ski insurance is covered by Personal Watercraft Insurance (PWC), which covers all types of personal watercraft, like small boats.
How much does insurance for a Jet Ski cost?
The cost of jet ski insurance varies from one provider to the next, as well as based on the age, make, model, and condition of your jet ski, your driving record, how long you’ve been using jet skis, and where you live. It also depends on what kind of insurance coverage you want. Liability coverage usually costs between $85 and $100 a year, while more complete coverage can cost $500 or more a year.
Does owning a jet ski require insurance?
There are no federal or state laws that say you have to have jet ski insurance like there are for car insurance. However, you should get insurance to protect yourself in case of an accident or damage. The coverage usually makes up for the cost of the premium.
Is it Worth It to Get Jet Ski Insurance?
Like auto insurance, jet ski insurance requires you to pay a monthly or annual premium in exchange for coverage in case of an accident, damage to property, or other situations, depending on the policy you choose. Jet ski insurance may cost more up front, but it can save you a lot of money in the long run. Not only does it protect your personal watercraft, but it can also cover other costs, like medical bills from an accident, towing and emergency service fees, fuel spills, and some types of personal property (like cell phones) that are covered by the policy.
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