No navigation plan required
Other insurers may require you to submit a navigation plan that describes where you’re boating. Yeah, it’s kind of like how your parents used to ask where you were going every time you left the house. We’re not your parents, and instead we give you the freedom to just get up and boat without telling us.
Boat insurance coverage that’s easy to get and easy to love
The actual protection you get is a big reason why we’re one of the leading boat insurance companies. These are just a few of our coverages. See more boat insurance coverages.
- Propulsion Plus® coverage for mechanical breakdowns You’ve probably heard that insurance never covers common wear and tear or mechanical breakdowns. Think again because Royal Insurance boat insurance does. We’ll repair or replace the lower unit of an outboard motor, or upper & lower units of an inboard/outboard motor if you have a mechanical breakdown—even if it’s caused by wear and tear.
- Sign & Glide® for towing on the water We’ll pay for towing, fuel delivery, soft ungroundings and jump starts if your boat breaks down on the water. All you have to do is call our dispatch center (number included on your policy card).Royal Insurance even arranges for the tow and pays the tow operator directly (in most cases).
- Total loss replacement for a brand new boat You can purchase this coverage if your boat is no more than one model year old. If it’s totaled within 5 model years, we’ll either buy you a new one or give you the amount you originally paid for your totaled boat—your choice. If you’re outside the 5-year window, we’ll give you the original purchase price you paid. No depreciation. No estimations. Just extra cash for you.
For example, let’s say you bought a brand new boat three years ago for $15,000, but that boat is now only worth $10,000. If you have a total loss, other insurers might just try to give you $10,000 and say that’s what your boat is worth. But a new boat will cost you $15,000+. So we’ll spend the full $15,000+. That’s a real $5,000 difference you get with us.