From a sunny afternoon on Grand Lake to a fishing trip at Lake Eufaula, Oklahoma offers endless opportunities for adventure on the water. At OKFB Insurance, we’re right here with you. 

Our comprehensive boat and watercraft insurance is designed to protect your vessel, your passengers, equipment and peace of mind, so a minor setback never has to end your season.

Boat and Watercraft Insurance

How Much Boat Insurance Do I Need?

The right policy should fully protect your boat and personal assets without overspending. A local OKFB Insurance agent will help you find that perfect balance by reviewing a few key factors:

  • Your Boat’s Full Value: Enough coverage to fully repair or replace your boat, motor, and trailer.
  • Your Personal Assets: The right amount of liability coverage to shield your savings from a potential lawsuit.
  • Loan & Marina Rules: Any minimum coverage levels required by your lender or marina.

Your OKFB agent is your best resource to navigate these factors and build a policy that provides true peace of mind on the water.

Boat Insurance Coverage Options & Features

To answer the question “what does boat insurance cover?”, it’s helpful to think of a policy not as a single item, but as a customizable package. You can build a policy that fits your specific needs by combining core protections with valuable add-ons. Below, we break down the essential coverage options that protect your boat, your passengers, and your financial well-being.

Boat Liability Coverage

Liability coverage helps protect you financially in the event of a liability claim or lawsuit that’s due to bodily injury or property damage caused by your covered watercraft.

Medical Payments Coverage

Medical Payments Coverage pays for certain expenses related to injury or death that you or others sustain while entering, exiting or otherwise occupying your watercraft, regardless of fault.

Physical Damage

Physical Damage insurance covers accidental damage to your watercraft, its motor or trailer.

PAYMENT OPTIONS & PREFERENCES

Convenient Payment Options

We offer many ways to conveniently pay your boat insurance premiums. Choose from a full payment or a monthly automatic draft from your bank account. Check with an OKFB agent to see which option may be best for you.

Do you need to change your premium payment preferences?

We understand life happens. That’s why we allow our policyholders to easily update their payment preferences. Contact your OKFB agent to make a change.