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Watercraft Insurance

Personal and Corporate Watercraft Coverage

Watercraft insurance protects boat and other watercraft owners, renters, and vendors and against risks related to recreational, personal, or corporate vehicle use and ownership.  These risks are many and each risk can become a reality at any time.  For this reason and others, it is important to have a comprehensive watercraft insurance policy.


Watercrafts include Jet Skis, Wave Runners, Sea Doos, and other motorized vehicles.  They also include non-motorized water-faring vehicles like sailboats.  Watercrafts have numerous uses and each use can result in damages that present significant financial losses.  At Insurance Marketplace, we understand the risks that watercraft owners, renters, and vendors face and we know the importance of protecting against these risks.


We have an inclusive and collaborative approach to developing watercraft risk control solutions.  We work directly with you to uncover your needs and to match these needs with the right policies.  We’re conscious of each element of your unique situation, down to the last detail.  Whether you run a business, use a vehicle for personal purposes, or just want to protect your assets, we can help.

Watercraft models, uses, and circumstances change regularly.  We adapt with your changing habits, needs, and assets to ensure your complete and ongoing protection.


What Coverage can I expect?


Most watercraft insurance policies cover specific crafts.  For example, it is likely that a boat policy will cover just a boat or boats.  Other policies cover specific recreational vehicles like Jet Skis.  However, there are combined policies that cover varieties of watercrafts and provide extensive coverage for all vehicles, uses, and assets.


Watercraft owners, renters, and vendors often cover watercraft uses in addition to crafts themselves.    Fishing boat owners cover specific usage types, needs, and assets that scuba diving boat owners do not, for example.  Common coverage options among all watercraft insurance policies include physical damage coverage, liability coverage, and towing and assistance coverage. 


At Insurance Marketplace we provide a host of coverage options that ensure your complete coverage and continuous protection.  These include 12-month coverage with no mandatory lay-up period, repair costs, emergency services, and agreed-value options, among others. 


Other coverage options include:

  • Sinking
  • Fire
  • Theft
  • Storms
  • Capsizing
  • Stranding
  • Collision
  • Explosion
  • Equipment
  • Anchors
  • Oars
  • Electric trolling motors
  • Extra fuel tanks
  • Tools
  • Detachable canopies
  • Seat cushions
  • Life preservers
  • Skis and their tow ropes
  • Dinghies
  • Newly-acquired vehicles
  • Wreck removal
  • Repairs



Choosing coverage options can be challenging and complicated.  For this reason and others, it is important to speak with an insurance specialist before making watercraft insurance decisions.  At Insurance Marketplace our specialists are experts in each type of coverage and in insurance trends.  They can guide you through the insurance-research and insurance-selection processes.  Each specialist will also provide you with ongoing support after insurance purchases. 


Why Insurance Marketplace Coverage?


We know that watercrafts are personal possessions, business tools, and other things.  We also know that each watercraft holds unique value to its owner, renter, or vendor.  In honor of the wide variety of vehicles available and the particular purposes and specific values that these vehicles have to those who use them, we provide risk control solutions that protect each element of every individual vehicle and its role in a policyholder’s life from every potential risk.


We work with you on an ongoing basis to ensure that your policies are current and to ensure your complete satisfaction.  We are also available to you when and how you need us, whether it’s online, over the phone, or in person.  Our goal is to provide optimal coverage that matches your needs and your budget.  We do this by using our experience and resources to be proactive and adaptive – we anticipate insurance needs and develop custom insurance plans based on these needs and the most timely coverage options.


Our extensive relationships with numerous insurance carriers help us find the most appropriate and effective coverage.  Our vast claims network and broad expertise enable us to process claims quickly and efficiently.  Our creation of an apt and friendly agency atmosphere ensures that your service is constructive and pleasant.


If you would like more information or want to find out about your policy options, please contact us.


At Insurance Marketplace we are proud to provide watercraft insurance solutions in Medford, Ashland, Central Point, Eagle Point, Grants Pass, Jacksonville, and surrounding areas in Oregon.  We also serve areas in Washington, Idaho, California, Nevada, and Arizona.

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Our Location

Insurance Marketplace, Inc.

1998 Skypark Drive Suite 100
Medford, OR 97504
Main office: 541-359-0083
Toll free: 800-866-7791
Fax: 541-772-8235

Our Providers


Accommodating, professional, helpful, and quick. Very comfortable experience and I was impressed by their capabilities. Highly recommended.

Brad M.
I feel lucky to have found an agent willing to provide this level of service. No need to look anywhere else!

Michelle D.
Over the years we’ve never once had to worry about our coverage. My husband and I are long-time customers and proud to be.

Carol S.
Surprisingly flexible and in-touch with my needs as a small business owner. Can’t ask for more.

Spencer F.
They have strong ties with the community, and it shows. It’s nice to do business with people that really show they care about you and your family.

Susan T.