Best Jet Ski Insurance Companies – Riding a jet ski offers you speed that thrills you as well as access to various aquatic adventures.
However, just like any high-powered vehicle, owning a personal watercraft comes with potential risks. From collisions on the water to accidental damage or theft, jet ski owners need to ensure they’re protected with reliable and comprehensive insurance coverage.
What’s more, jet ski insurance not only provides peace of mind but also safeguards your investment and helps cover liability in the event of an accident.
While some homeowners or boat insurance policies may offer limited coverage for PWCs, having a dedicated jet ski insurance policy ensures tailored protection against specific risks associated with watercraft use.
Why Do I Need Jet Ski Insurance?
Although not legally required in every state, it’s a smart move for anyone using a jet ski regularly.
Jet skis can reach high speeds and often operate in crowded waterways. Accidents, property damage, or injuries are situations that can happen suddenly and without warning. Without the right insurance, the financial burden could be overwhelming and full of pressure.
Moreover, many marinas and rental docks now require proof of watercraft insurance before granting access to facilities. Whether you’re a casual rider or a PWC enthusiast, having the right insurance ensures you’re financially protected both on and off the water.
Top Jet Ski Insurance Companies
When you are shopping for jet ski insurance, it’s important to look for companies that offer competitive pricing, comprehensive coverage, and strong customer service. Here are some of the best jet ski insurance providers you can consider:
Progressive
Progressive is one of the top insurers that operates in the Personal WaterCraft space, known for affordable premiums and customizable coverage. Also, they offer jet ski-specific policies with numerous optional add-ons. Some of their main features are:
- Medical payments and liability options.
- Coverage for towing and fuel spills.
- Total loss replacement for newer jet skis.
- Accessory and trailer coverage included.
- Discounts for bundling with auto or home insurance.
In addition, progressive is ideal for both new jet ski owners and experienced riders who want affordable, full-service insurance options.
GEICO
GEICO’s watercraft insurance provides dependable coverage for jet skis with straightforward policy options and a user-friendly online experience. Some of their key features include:
- Liability, medical, and uninsured boater coverage.
- Physical damage protection.
- Emergency assistance and towing.
- Up to 25% discounts for boating safety courses and multi-policy bundles.
GEICO is perfect for those seeking a balance between affordability and essential protection, especially if you already have an auto policy with them.
State Farm
State Farm is a trusted name in insurance and offers excellent PWC coverage as part of their boat insurance division. While pricing may vary, their personalized service and local agent network offer added peace of mind. A few of their features include:
- Collision and comprehensive coverage.
- Liability protection.
- Optional coverage for fishing gear, accessories, and trailers.
- Customizable deductibles and limits.
What’s more, State Farm is a great choice if you prefer working directly with an agent and value customer support and consistency.
Nationwide
Nationwide provides robust coverage for jet skis with a strong focus on customer satisfaction. Their policies are highly customizable and cater to various recreational needs. Their features also include:
- Full replacement cost coverage.
- Agreed value policies to protect investment.
- Discounts for safe riders and multi-policy holders.
- Personal effects coverage
Nationwide is well-suited for jet ski owners looking for generous protections and rider-specific benefits.
Markel
Markel specializes in niche insurance markets, including personal watercraft. They also offer policies tailored for high-risk watercraft users, competitive rates, and flexible coverage. Some of their best features include:
- Coverage available even for modified or high-performance PWCs
- Watercraft liability up to $500,000.
- On-water towing and assistance.
- Optional medical payments and uninsured boater protection.
Markel is ideal for serious enthusiasts or those with unique coverage needs who may not find flexibility with larger carriers.
Important Jet Ski Insurance Coverages to Consider
Every jet ski owner should understand the different types of coverage offered in a typical policy. Depending on how often and where you ride, some add-ons might be necessary. Let’s look at some of the essential coverage types:
- Liability Coverage: Covers injury or property damage you cause to others.
- Collision Coverage: Pays for repairs or replacement if your jet ski is damaged in an accident.
- Comprehensive Coverage: Protects against theft, vandalism, or natural disasters.
- Medical Payments: Covers medical expenses for you or passengers injured on your jet ski.
- Uninsured/Underinsured Boater Coverage: Protects you if an uninsured boater causes an accident.
- Towing & Assistance: Covers costs if your jet ski breaks down on the water.
Frequently Asked Questions
Is Jet Ski Insurance Legally Required?
Not in most states, but certain marinas, docks, or rental locations may require it. Regardless of the law, it’s highly recommended to avoid unexpected costs and liabilities.
What Affects My Jet Ski Insurance Rates?
Your age, experience, driving record, storage location, the make/model of your PWC, and whether you’ve taken safety courses can all influence premiums.
Are Rental Jet Skis Covered Under My Policy?
Most personal jet ski insurance policies do not cover rental equipment. Hence, you may need separate rental coverage from the provider or a temporary rider from your insurer.