Watercraft coverage from The Hanover
For your clients with boats and other watercraft, The Hanover has the protection they need.
Our watercraft product features flexible coverage offerings and limits, so you can tailor each policy to your customer's needs. TAP Sales makes it easy to pre-fill customer account information to provide a watercraft quote.
The Hanover’s watercraft products are available in all Personal Lines states.
What watercraft coverage protects
The Hanover covers:
- motorboats up to 43’ in length
- sailboats up to 51’ in length
- between $3,000 to $500,000 in value
This coverage includes personal liability with optional medical payments to others for bodily injury or property damage and more.
Where watercraft coverage protects
A Hanover watercraft policy provides coverage for accidents and losses on lakes, rivers, inland waters, and ocean up to 50 miles off the coast of the U.S., its territories, and Canada—with the option to extend up to 100 miles from the coastline.
Base coverage
A Hanover boat and personal watercraft policy includes coverage for:
- Fishing equipment & personal effects — $500 included, increased limits up to $100K, for losses to items such as coolers, fishing rods and portable radios
- Pet injury protection — up to $1K
- Pollution / fuel spill coverage — for the cost of an accidental spill and pollution liability
- Recovery — covers the removal of a wrecked watercraft, for up to 10% of hull limit
- Salvage — for the cost of recovering an imperiled watercraft, up to hull limit
- Towing & assistance — $500 included, increased limits up to $100K or unlimited option
Extended coverage
- Additional insured — lessor
- Additional insured — watercraft storing & mooring
- Options for agreed value, replacement cost or actual cash settlement after a total loss
- Haul out expense—up to $1,000 to haul out and return your customer's boat to water in the event of a hurricane
- Trailer physical damage
- Uninsured/underinsured water liability—pays for a loss that your customer or other occupants of your customer's watercraft incur from an accident with an uninsured boater, with limit options up to $1M
Coverage not available in all states and limits may vary. Please refer to your agent guides for more details.
Available discounts
With watercraft coverage from The Hanover, your customers have access to a variety of discounts including:
- safety and education discount
- multi-watercraft discount
- homeowner discount
- account credit for those with home and auto insurance from The Hanover
What watercraft coverage protects
The Hanover covers:
- motorboats up to 43’ in length
- sailboats up to 51’ in length
- between $3,000 to $500,000 in value
This coverage includes personal liability with optional medical payments to others for bodily injury or property damage and more.
Where watercraft coverage protects
A Hanover watercraft policy provides coverage for accidents and losses on lakes, rivers, inland waters, and ocean up to 50 miles off the coast of the U.S., its territories, and Canada—with the option to extend up to 100 miles from the coastline.
Watercraft resources
The Hanover offers an array of watercraft information for you and your customers. You can also access our library of ready-to-use marketing materials for agents on TAP Marketing.
Watercraft coverage overview
This brochure highlights important safety and coverage information for watercraft owners.
Resources for you
This series of prospecting postcards can help you reach split-account customers that own boats, and help sell the value of the total account.
"Let us float an idea" postcard [PDF]
"Total account" postcard [PDF]
"Many boats, one solution" postcard [PDF]
Resources for your customers
Share the importance of watercraft coverage with your customers. You can also find more resources in the Prepare now. Learn how. content library.
Questions about watercraft coverage?
Contact your underwriter for more information.