Boat Insurance

Insurance Brokers of MN – Your Boat Insurance Expert

As serene as the water appears is when a storm will rear up or another boat will lose an engine in the marina and collide into you.

A boating accident can ruin your peace of mind, finances and in the case of the poor people in the sad story above, it can take a life.

For the price of a few dollars a month, you will be protected against any calamity that occurs on the water or to your vessel.

At Insurance Brokers of MN, we have protected the residents of Minnesota from boating accidents since 1998. We know our area and the waters in it.  Call us today for your free quote 1-877-323-3314!

PROGRESSIVE who insures over 1 million watercraft, CHUBB, FOREMOST, AMERICAN MODERN, and many more insurance companies. WE will find you the BEST coverage at the BEST price.

Complete the Quote Form now or call and the let the professionals at Insurance Brokers of MN forge a shield of protection over you. 1-877-323-3314

Types of Boats We Insure

Bass boats, pontoons, sailboats, jet boats, charters boats, guide boats and PWC if you have a unique rig just give us a call and we will search out the best option for you.

What Types of Boat Insurance Is There?

• Total loss replacement for a brand new boat
  At Insurance Brokers of MN we have insurance companies that offer this coverage and many companies only cover the ACV value of your boat. You can purchase this coverage if your boat is no more than one or two years old depending on the company we select. 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.

• No depreciation on repairs
  If you have comprehensive and collision, and many of our companies will pay what it costs to return your watercraft to its pre-accident condition or better. For example, let’s say that you hit a submerged object, damaging your 8-year old motor. It may only be valued at $4,000 but costs $8,000 to replace. If we can’t repair it, we’ll replace it. For you, that could be a real $4,000 difference.

• Coverage for mechanical breakdowns
  You’ve probably heard that insurance never covers common wear and tear or mechanical breakdowns. Think again because Progressive boat insurance does.

• Optional Coverage
  • Wreckage removal
  • Roadside Assistance
  • Towing on the water
  • Water sport Coverage
  • Full coverage for fishing equipment or carry-on items
  • Trailer trip interruption          

Complete the Protection Savings Form right now, before that boat launches.

The professionals at Insurance Brokers of MN will contact you with boat protection that will pay for itself in peace of mind as well as dollars and cents.

Agents located in: Anoka, Ada, Altoona, WI, Bemidji, Blaine, Brandon, Brooklyn Center, Buffalo, Burnsville, Byron, Coon Rapids, Cambridge, Cannon Falls, Dawson, Duluth, Forest Lake, Graceville, Grand Forks, Ham Lake, Hermantown, Hudson, Inver Grove Heights, Isanti, Jordan, Lino Lakes, Little Falls, Medina, Minneapolis, Pequot Lakes, Princeton, Ramsey, Redwood Falls, Rogers, Richfield, St Cloud, St Paul, Thief River Falls, Vadnais Heights, Waconia, Wheaton