Boat Insurance in Wisconsin | MM Insurance Associates

Frequently Asked Questions

What does boat insurance cover in Wisconsin?

Boat insurance covers physical damage to your vessel, liability for injuries or property damage to others, medical payments, towing and assistance, uninsured boater coverage, and personal property on board.

Is boat insurance required in Wisconsin?

Wisconsin does not legally require boat insurance, but most marinas require proof of coverage, and lenders require it for financed boats. Given the investment and liability risk, boat insurance is strongly recommended.

How much does boat insurance cost in Wisconsin?

Boat insurance typically costs 1-2% of the boat's value per year. A $50,000 boat might cost $500 to $1,000 annually to insure, depending on the type, horsepower, storage location, and your boating experience.

Does MM Insurance cover high-value boats?

Yes. We specialize in high-value boat insurance and work with carriers that understand the unique needs of larger vessels, including agreed-value coverage, electronics coverage, and wreck removal.

What should I do to prepare my boat insurance for the season?

Review your coverage limits to ensure they match your boat's current value, check your personal property limits, verify your navigation territory covers your planned trips, and confirm your liability limits are adequate.