A boat of any significant size will be excluded from your homeowner policy for both property and liability coverage
A boat of any significant size will be excluded from your homeowner policy for both property and liability coverage: The personal property coverage of your primary or secondary homeowner policy might cover a small boat for $1,000 or less in physical damage. However, coverage for your liability risk is limited. Insurers generally provide liability insurance on small sailboats (26 feet or less) and powerboats with small motors (50 horsepower for inboard and inboard/outboard and 25 horsepower for outboard motors).
A boat of any significant size will be excluded from your homeowner policy for both property and liability coverage. Read your homeowner policy carefully before you put your boat in the water. One common mishap in Oregon is hitting submerged debris such as logs. Generally, this is a covered loss under a boat owner’s policy, but ask your insurance company to verify this. Also, the amount the company pays for any damage to your boat may take into account depreciation.
