To choose the best boat insurance companies, ValuePenguin's experts analyzed each insurer's coverages, discounts and customer complaint levels. We also looked at the types of boats covered, the ...

Boat insurance is similar to auto insurance. An expensive yacht can be difficult to insure as most agencies will only offer high prices. This is not surprising as repairing a yacht can be very costly.

How Much Is Boat Insurance? When it comes to owning a boat, there are several more financial considerations than just looking at used and new boat prices and picking one that falls into your budget.