Here in Missouri, we know how much joy a boat brings, whether you’re cruising across Lake of the Ozarks, floating the rivers, or escaping the daily grind with friends and family. Your boat isn’t just a vehicle, it’s your escape, your passion, your pride. For many, it’s a symbol of freedom, relaxation, and cherished time spent with loved ones on the water.

But with the highs of ownership come real responsibilities and risks. From surprise storms that roll in off the lake to theft, accidents, or mechanical damage, owning a boat can sometimes feel like navigating unpredictable waters.

We understand that protecting your boat, especially in uncertain times, isn’t just about insurance. It’s about peace of mind, knowing you’re covered when life throws you a curveball. As your neighbors and local agents, we know firsthand how challenging today’s economic climate can be. High prices. Higher risks. Families are working harder than ever to make every dollar stretch. That’s why we’re here to help you find meaningful coverage without sinking your budget.

Why Boat Insurance Matters

Many Missouri boaters are surprised to learn that their homeowners or auto insurance won’t fully cover their vessel. While you may get partial coverage for smaller watercraft or equipment, most boats with motors require dedicated insurance to be truly protected.

That means any damage your boat causes, or suffers, could come straight out of your pocket if you’re not covered properly. For example, if your boat accidentally damages another boat, a dock, or causes an injury, you’re financially responsible. And let’s be honest, those expenses can climb quickly.

With proper boat insurance, you’re not just covering your watercraft; you’re protecting your family’s financial future. Whether your boat is stolen, damaged, or involved in an accident, a strong policy ensures you’re not left adrift or facing overwhelming repair or legal bills.

What Does Boat Insurance Actually Cover?

Boat insurance can be customized, just like your boat. Whether you own a pontoon, a bass boat, a jet boat, or a yacht, we can tailor a policy to meet your needs. Depending on what you need, your policy might include:

• Collision Coverage: Helps pay for repairs if your boat is damaged in an accident.
• Liability Protection: Covers injuries or damage your boat causes to others, including medical expenses and legal costs.
• Comprehensive Coverage: Covers theft, vandalism, and non-collision damage like fire or severe weather.
• Uninsured/Underinsured Boater Coverage: Steps in when the other party can’t pay.
• Medical Payments: Covers medical bills for you and your passengers.
• Extra Options: Add-ons are available for fishing gear, electronics, trailers, on-water towing, wreckage removal, fuel spill liability, and more.

Coverage can even extend to items like GPS systems, radios, or custom fittings. We’ll walk you through every option to make sure you’re covered where it counts, and not overpaying where it doesn’t.

What’s Not Covered?

Like any policy, boat insurance has exclusions. These often include damage from:

• Mold or rot
• Normal wear and tear
• Marine animal damage
• Neglect or lack of maintenance
• Insect infestations
• Manufacturer defects

Understanding these exclusions is just as important as knowing what’s covered. Our agents will help you navigate your policy clearly, so you’re never caught off guard when it matters most.

Is Boat Insurance Required in Missouri?

In most cases, no, boat insurance isn’t legally required in Missouri. However, if you’ve financed your boat or plan to dock it at a marina, you may be required to carry liability coverage. Some marinas and lenders won’t allow you to operate or store your boat without proof of insurance.

Even without a legal mandate, we strongly recommend having a policy. One bad storm or unexpected accident could leave you without a boat and without a plan. Protecting your investment just makes sense.

How Much Coverage Do You Need?

That depends on your boat’s value, how often you use it, where you use it, and your comfort level with risk. A weekend cruiser doesn’t need the same coverage as a performance boat used for racing or saltwater excursions.

Here are a few guidelines:

• Liability: We suggest at least $1 million in liability coverage.
• Collision & Comprehensive: Should reflect your boat’s full replacement cost or agreed-upon value.
• Uninsured/Underinsured Boater: We recommend a minimum of $10,000, but more if you own a high-end vessel.

Whether your boat is new or vintage, we’ll help you find the right balance of protection without overextending your budget.

What’s the Cost?

In Missouri, boat insurance can start as low as $200 annually, though premiums will vary based on:

• The age and value of your boat
• The horsepower and type of motor
• Whether you operate in inland waters or coastal areas
• Where is your boat stored when not in use
• Your driving and boating record
• The type of coverage and deductibles you select

We know every dollar counts, so we explore every discount available. That includes savings for seasonal use, taking a boating safety course, having safety features onboard, or insuring multiple vehicles or homes with the same company.

Why Choose a Local Independent Agent?

When you work with us, you’re not getting a one-size-fits-all quote. You’re getting personalized guidance from people who live, boat, and work right here in Missouri.

We partner with top-rated national insurance carriers and compare quotes across the board. That means you get the best price and the right protection, without the hassle of doing all the research yourself. If you ever have a claim, you won’t be navigating it alone. We’ll be right here to help you through the process, every step of the way.

Let’s Make Sure You’re Covered

At Alexander Insurance Agency, we believe boat insurance should be simple, affordable, and truly protective. Whether you’re new to boating or a seasoned lake pro, we’ll help you navigate the process from bow to stern.

Ready to anchor in savings and peace of mind?

Contact the Alexander Insurance Agency of St. Charles today and get a free quote online. We’re here to help you protect your boat—and everything that matters with it!