Just as no two boats are the same, your insurance needs will vary based on the type of watercraft you own and how you use it.
Our experienced agents work closely with you to design a personalized watercraft insurance policy that provides the protection you need, whether you’re out for a leisurely cruise or taking part in high-speed water sports.
Tooher-Ferraris Insurance Group offers a variety of watercraft insurance coverage options to meet your specific needs, whether you own a small fishing boat, a luxurious yacht, or a high-speed jet ski.
Our boat insurance policies cover everything from basic motorboats to luxury yachts, providing comprehensive protection for your vessel, equipment, and liability. Coverage includes protection against various perils, including fire, theft, storm damage, and accidents.
Personal watercraft (PWC) insurance is designed for high-speed recreational vehicles like Jet Skis and WaveRunners. This coverage includes protection for physical damage, liability, medical payments, and more, ensuring you’re covered while enjoying water sports.
For businesses that rely on boats—such as charter companies or fishing operations—commercial boat insurance offers tailored coverage for vessels, equipment, crew, and liability. This policy protects your business assets while you’re on the water.
If you’re found responsible for an accident on the water that results in injury to others or damage to another person’s property, liability coverage protects you from financial loss. This coverage includes legal fees, medical costs, and repair bills, ensuring that an unfortunate incident doesn’t turn into a financial burden.
Accidents can happen even to the most seasoned boaters. Collision coverage helps pay for repairing or replacing your boat if it’s damaged in a collision, whether with another vessel, a dock, or a submerged object. This coverage applies regardless of who is at fault, making it an essential protection for boaters navigating busy or unfamiliar waters.
Comprehensive coverage offers protection beyond collisions, covering non-accident-related incidents such as theft, vandalism, fire, and damage from natural disasters like hurricanes or floods. Whether your boat is moored, in storage, or out on the water, comprehensive coverage protects you from a wide range of potential risks.
Not all boaters carry sufficient insurance—or any insurance at all. Uninsured/Underinsured Boater Coverage steps in if you’re involved in an accident with a boater who lacks adequate coverage. This policy helps pay for medical expenses and property damage, ensuring you’re not left covering the costs out of your pocket.
Medical Payments Coverage provides financial support for medical expenses incurred by you, your passengers, or others involved in a boating accident. This can include hospital visits, surgeries, rehabilitation, and funeral expenses. With this coverage, you can focus on recovery, knowing that medical bills won’t be an additional burden.
Getting stranded on the water due to mechanical failure, running out of fuel, or adverse weather conditions can be stressful and expensive. Towing and Assistance Coverage offers peace of mind by covering the cost of towing your boat to safety or providing emergency services, ensuring that help is always just a call away.
Your boat is home to valuable gear and equipment, from fishing rods to water sports gear and electronics. Personal Effects and Equipment Coverage protects these items from theft, damage, or loss, whether they’re stored on board or taken ashore. This coverage ensures that your possessions are just as protected as your vessel.
Specialty Coverage Options: Customize Your Policy for Added Protection
There are a range of specialty coverage options to address your unique concerns:
Choose between agreed value (a set payout based on the boat’s insured value) and actual cash value (which factors in depreciation) for total loss claims.
This covers costs associated with accidental fuel spills, which can lead to significant fines and environmental cleanup expenses.
If your boat sinks or becomes wrecked, this coverage ensures that you’re covered for the cost of removal, which is often required by law.
This policy provides additional protection for high-value fishing gear, ensuring that your equipment is covered both on and off the water.
For many businesses, traditional general liability insurance and professional liability insurance offer essential protection—but they often come with limitations. Rising premiums, rigid policy terms, slow claims processes, and frustrating exclusions can leave companies feeling powerless. As organizations grow, so do their risks. Yet, conventional insurance often struggles to keep pace, offering little flexibility or control. […]
While employee benefits are always changing, one of the most significant challenges is the escalating cost of specialty drugs. These medications, designed to treat complex and chronic conditions like cancer, rheumatoid arthritis, and multiple sclerosis, are revolutionizing patient care. However, their high price tags are placing immense pressure on employer-sponsored health plans. Understanding the drivers […]
Attracting and retaining top talent has become one of the most pressing challenges for employers. Gone are the days when offering a competitive salary alone was enough to secure long-term employee loyalty. Today’s workforce—especially younger generations—places equal, if not greater, value on the quality and variety of the benefits an employer provides. From health coverage […]
In the current business climate, change is constant and often unpredictable. Shifting workforce expectations, evolving technologies, regulatory updates, and new competitive pressures reshape how organizations operate. Adaptability has become a non-negotiable skill for HR professionals responsible for supporting their workforce and driving organizational success. Traditional HR processes, often structured in rigid, step-by-step models, struggle to […]
Construction projects are large-scale, high-stakes undertakings that involve careful coordination of multiple moving parts—contractors, subcontractors, suppliers, project owners, lenders, and regulatory bodies, just to name a few. With so many players involved, and tight deadlines and budgets at play, there’s no shortage of risks that can threaten the project’s timeline, financial stability, or overall success. […]
Hosting an event—whether it’s a corporate conference, a community festival, or even a wedding—is an exciting yet expensive undertaking. While the focus is often on guest experience, logistics, and coordination, the reality is that behind every successful event lies a web of potential liabilities. These hidden risks can easily derail your plans, leaving you exposed […]