For over 40 years, Hagerty has been committed to helping you protect your clients’ boats. The open waters are best enjoyed worry free, after all.

What qualifies

Small Boats

For boats up to 27’ in size, up to 100mph, and of any age, we accept a variety of hull construction materials including fiberglass, metal, or wood. Hagerty offers a variety of additional coverages for these boats including watersports, boat lift, fishing coverages, and more.

Yachts

Designed for boats over 27’ in size, up to 65mph, and of any age. These boats typically include a head (bathroom), galley (kitchen) and can accommodate overnight stays. Yachts may include cruisers, sailboats, center consoles, or other larger boats made of fiberglass, metal, or wood. A professional SAMS or NAMS Out-of-Water marine survey may be required for yachts over 27’ and older than 10 years of age. Eligibility may be restricted in certain coastal areas.

High Performance

Boats over 27’ in size, between 65-120mph, and of any age are eligible for coverage. These boats are designed for speed, with high horsepower and limited cabin space. High-performance boats can include V-shaped or catamaran hulls, including center consoles. These boats are typically made of fiberglass or carbon fiber. A professional SAMS or NAMS Out-of-Water marine survey may be required for yachts over 27’ and older than 10 years of age. Eligibility may be restricted in certain coastal areas.

Electric Boats

EV Boats are gaining popularity and Hagerty can help protect them. You may see these boats from manufacturers including X-Shore and Arc, among others. These boats are 100% electric and recharge at a variety of different locations, including at the dock or on a lift. Boats that have been converted from a gas motor to an electric motor are not eligible with Hagerty.

Classic Boats

Hagerty proudly helps protect most classic wooden boats of any size. Whether your client owns an original Chris-Craft, Century, Gar Wood or a high-quality reproduction of a classic boat, we have a program for it. For classic boats over 27’, a professional SAMS or NAMS Out-of-Water marine survey may be required. Eligibility may be restricted in certain coastal areas.

Commercial Boats (coming soon!)

Hagerty is introducing coverage for boats that are used commercially. Boats should be smaller than 45’ and used for private charters such as fishing, tours, guides, or cruises. We may also consider boats used for business purposes including weed clean up, dock installations, shoreline repair, or real estate. Lastly, if the boat is used privately but titled to a business, your client would qualify for commercial boat coverage. Give us a call to learn more at 800-762-2628.

Program features

No age restriction

Hagerty can protect any year boat, from 1800s to brand new.

Flexible coverage

Our policies can be tailored to meet your clients’ needs. Most policies are full coverage, which includes physical damage, liability, uninsured watercraft, pollution liability, medical payments, personal effects, and on-water towing. If certain coverages are not needed, we can remove them so that your customer always has protection for exactly how they use their boat.

Settlement options

Hagerty offers a variety of settlement options that fit your clients’ needs. Options include Agreed Value, Actual Cash Value, Liability Only, or Replacement Cost for boats three years and newer.

Additional coverages

Does your client need unique coverages to match how they use their boat? No problem. We offer many options, from Watersports or Fishing coverages for the outdoor enthusiast to the Ultimate Drive coverage that helps protects newer boats from a lower outdrive failure.

Club discounts

Members of some established collector boat clubs or Hagerty Drivers Club® may enjoy an insurance premium discount.*

Ineligible risks

• Boats with exposed engines
• Boats held for sale
• Boats over 120mph
• Boats used in racing
• Boats kept outside of the U.S.
• Boats over 27’ kept in coastal regions from TX to NC
• Boats that have been converted from gas to electric motors
• Owners or operators that have been convicted of a felony

Owner qualifications

Boating experience

For boats over 27’, Hagerty requires that the owner has a minimum of three years operating experience with a boat of comparable size and type.

Prior boating losses

Not more than one prior boating loss in three years or excessive marine claims history beyond the three-year period.

Automobile driving record

All operators must have three or more years of driving experience and not more than two minor violations or one major violation in the past three years. Owners or operators that have been convicted of a felony do not qualify for this program.

Administrative requirements

Photos

Current, good quality and clear photographs are required for all boats older then 10 years of age. Photos should include all sides of the boat, the interior and the engine.

Application

Hagerty provides an application that must be completed and signed by both you and your client. In some cases, the application can be waived.

Survey

Depending on the boat type, age, and size, a professional SAMS or NAMS Out-of-Water marine survey may be required. This survey must be requested and arranged by your client.

Payments

Make a onetime payment or set up a payment plan with a Visa, Mastercard, or Discover credit card, or pay via ACH over the phone.