USAA Boat Insurance: Coverage and Benefits

Boating enthusiasts understand the importance of protecting their investments against accidents, theft, and other risks. USAA is one of the most popular insurance providers that offer coverage to boat owners in the United States. In this article, we’ll take a closer look at USAA boat insurance and what it has to offer.

What is USAA Boat Insurance?

USAA is a financial services company that primarily serves members of the military and their families. It offers a wide range of insurance products, including boat insurance. USAA boat insurance provides coverage for boats, yachts, and personal watercraft such as jet skis.

The coverage options and benefits vary depending on the state, the type of watercraft, and other factors. However, all policies include liability coverage, which protects the policyholder against damage to other boats or property, as well as bodily injury liability, which covers medical expenses and lost wages for people who were hurt in an accident involving the insured watercraft.

Coverage Options

USAA boat insurance offers several coverage options depending on the type of watercraft and the policyholder’s needs. These options include:

Discounts and Benefits

In addition to the standard coverage options, USAA boat insurance offers several discounts and benefits to its policyholders. These include:

How to Get USAA Boat Insurance

USAA boat insurance is available to its members who meet certain eligibility criteria. To become a USAA member, you or your immediate family member must have served in the U.S. military or be a cadet or midshipman at a U.S. service academy.

Once you become a USAA member, you can apply for boat insurance online or by calling USAA’s customer service. You’ll need to provide some basic information about your boat, such as its year, make, and model, as well as your boating experience, your location, and your desired coverage options.

USAA will then provide you with a quote and ask you to review and accept the terms of the policy. You can pay your premium online, by mail, or by phone, and you’ll receive your insurance documents and ID card by email or mail.

FAQs

What types of boats are covered by USAA?

USAA offers coverage for a wide range of boats, including sailboats, powerboats, fishing boats, and pontoon boats. It also covers yachts and personal watercraft such as jet skis, wave runners, and sea-doos.

How much does USAA boat insurance cost?

The cost of USAA boat insurance depends on several factors, such as the type and size of the watercraft, the policyholder’s location, the desired coverage options, and the policyholder’s eligibility for discounts. On average, USAA boat insurance costs around $300 to $500 per year, but it can be higher or lower depending on the circumstances.

What should I do in case of an accident?

If you’re involved in an accident on the water, you should follow these steps:

1. Ensure that everyone on board is safe and secure.
2. Exchange insurance and contact information with the other boater(s) involved.
3. Take pictures of the damage and the scene of the accident.
4. Call the USAA claims service at 1-800-531-8722 to report the incident and start the claim process.
5. Cooperate with the USAA claims adjuster and provide all necessary documents, such as the police report and medical records.

What if I need to cancel my policy?

If you need to cancel your USAA boat insurance policy, you can do so online or by calling USAA’s customer service. You’ll need to provide your name, policy number, and reason for cancellation. USAA may prorate your refund based on how much time is left on your policy.

Is USAA boat insurance only available to military members?

USAA boat insurance is primarily designed for military members and their families, but it may be available to other customers in certain states and under certain conditions. If you’re interested in USAA boat insurance and you’re not a military member, you can contact USAA’s customer service to see if you’re eligible.

What if my boat is damaged while in storage?

If your boat is damaged while in storage, you may be covered by USAA’s comprehensive coverage option, which covers non-collision events such as theft, vandalism, or fire. You’ll need to file a claim with USAA and provide proof of the damage, such as pictures and repair estimates.

Conclusion

USAA boat insurance provides comprehensive coverage and benefits for boat owners who want to protect their investments against accidents, theft, and other risks. As a USAA member, you can apply for boat insurance online or by calling USAA’s customer service, and you can customize your policy to fit your needs and budget. With USAA’s discounts and benefits, you can enjoy peace of mind while navigating the waterways.