Compare Florida Marine Insurance Providers
Side-by-side comparison of America's top marine insurers — find the right coverage for your Florida vessel
Get a Quote NowTop Florida Marine Insurance Providers
In-depth profiles to help you find your best match
🌊 FloridaCover
We match every Florida boater to their best-fit insurer
- ✓Access to multiple A-rated Florida marine insurers
- ✓Florida-specialist marine insurance advisors
- ✓Vessels from jet skis to superyachts — all types covered
- ✓Agreed value and actual cash value options across carriers
- ✓Hurricane and storm coverage expertise
- ✓Caribbean and Bahamas navigation extensions
- ✓Fast response — quote within 24 hours
- +One form — multiple provider quotes compared for you
- +Florida-specific expertise across all waterways
- +Covers all vessel types from PWC to luxury yacht
- +Advisors know local risks: hurricanes, offshore, Keys
- +No cost to compare — pay only when you choose cover
Progressive
America's #1 boat insurer by policy count
- ✓Agreed value and actual cash value options
- ✓Total loss replacement for newer boats
- ✓Uninsured/underinsured boater coverage
- ✓Disappearing deductible program
- ✓On-water towing and assistance
- +Highly competitive premiums for recreational boats
- +Strong digital tools and easy online quoting
- +Wide range of discounts available
- –Less tailored for high-value superyachts
- –Some coverage limits lower than specialist insurers
- –Customer service can vary by region
Online or phone claims available 24/7. Marine claims specialists handle vessel damage assessments. Average claim resolution 7–14 days for straightforward claims.
BoatUS / GEICO Marine
America's boating association — trusted by millions
- ✓Includes BoatUS membership benefits
- ✓Nationwide towing network on land and water
- ✓Agreed value policies for most vessels
- ✓Total loss coverage with new boat replacement
- ✓Wreck removal coverage included
- +Industry-leading towing network (800+ locations)
- +Deep marine expertise — boat-only insurer
- +Strong agreed value policies
- –Requires BoatUS membership for best rates
- –May not be the cheapest for simple small boats
- –Limited commercial fishing coverage
Dedicated marine claims team available by phone. BoatUS field surveyors can assess damage on-site. Known for fair and fast settlement of hurricane claims.
Markel
Specialist marine underwriter for serious boaters
- ✓Agreed value policies — no depreciation on total loss
- ✓Extended navigation areas including Caribbean
- ✓Liveaboard coverage available
- ✓Commercial endorsements for charters
- ✓Professional crew liability
- +Specialist marine underwriting expertise
- +Excellent for offshore and bluewater vessels
- +Comprehensive agreed value policies
- –Premiums can be higher than mass-market insurers
- –May require survey for older or high-value vessels
- –Less focused on small recreational boats
Dedicated marine claims adjusters with specialist knowledge. Survey-based claim assessments for significant damage. Strong track record for offshore and bluewater claims.
Chubb
Prestige marine insurance for high-net-worth owners
- ✓No-depreciation agreed value on hull and equipment
- ✓Worldwide navigation with Caribbean/Bahamas included
- ✓Professional crew P&I included in package
- ✓Loss of use and charter income protection
- ✓Fine art and valuables coverage aboard
- +Unmatched coverage for high-value yachts
- +Concierge-level claims service
- +Worldwide navigation coverage included
- –Significant minimum premiums — not suitable for small boats
- –Requires professional survey for most vessels
- –Higher premiums than standard market
White-glove concierge claims process. Dedicated senior adjusters for high-value claims. Access to preferred marine repair yards. Known for fast and fair resolution.
Foremost
Reliable protection for everyday Florida boaters
- ✓Broad recreational boat and PWC coverage
- ✓Bundling discounts with home and auto
- ✓Watercraft liability coverage
- ✓Comprehensive and collision options
- ✓Medical payments coverage
- +Good bundling discounts through Farmers network
- +Accessible premiums for entry-level boats
- +Broad PWC and recreational coverage
- –Less marine-specialist than dedicated boat insurers
- –Limited offshore and extended navigation options
- –Claims may be handled by generalist adjusters
Claims handled through Farmers Insurance network. Phone and online reporting available. Local agent support for smaller claims. Average resolution 10–21 days.
Quick Comparison
| Provider | Rating | From | Financial Strength | Best For |
|---|---|---|---|---|
| 🌊 FloridaCoverRecommended | ★★★★★ | Quotes from multiple carriers | Multiple A and A+ rated carriers | All Floridians — from weekend fishing and party boats to charter captains, commercial operators and liveaboards |
| Progressive | ★★★★★ | From $150/yr | A+ (AM Best) | Recreational boaters and value-conscious owners |
| BoatUS / GEICO Marine | ★★★★★ | From $175/yr | A++ (AM Best) via GEICO | BoatUS members and frequent cruisers needing towing |
| Markel | ★★★★★ | From $250/yr | A (AM Best) | High-value vessels, offshore cruisers, and liveaboards |
| Chubb | ★★★★★ | From $1,500/yr | A++ (AM Best) | Luxury yachts, superyachts, and high-value vessels |
| Foremost | ★★★★★ | From $120/yr | A (AM Best) | Small to mid-size recreational boats and personal watercraft |
Premium estimates are indicative only. Actual premiums depend on vessel type, value, usage, and individual underwriting criteria.
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