Boat & Recreational Vehicle InsuranceTWFG Insurance Spring / The Woodlands is independent insurance agency serving the needs of Spring, Klein and The Woodlands with Homeowners, Auto Insurance, Flood Insurance, Recreational Vehicle (RV) and Boat Insurance for over a decade. Give our office a call and start saving today (281) 466-1310.
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​​What Does A Boat Insurance Policy Include?
​Comprehensive & Collision
Comp and collision pays for repairs to your boat if it's damaged or stolen. Similar to your auto insurance policy, you'll pick your out of pocket expense (deductible). For example, if you file a claim for $5,500 in damages and you have a $500 deductible, you pay $500 out of pocket and insurance will pay the rest. Comprehensive includes pet injury coverage for cats and dogs. It will pay up to $1,000 if your animal is injured during a covered accident (included, is a $1,000 death benefit for your pet).
Bodily Injury & Property Damage Liability (BI/PD)BI/PD pays for damages you cause to another's property. This includes injuries to other boaters and passengers, as well as damages to things other than the boat. It also pays for legal expenses if you’re sued.
Medical PaymentsYou can choose the coverage limits for your medical bills (and your passengers’) if you’re in an accident. For some states, this coverage kicks in once your health insurance limits are reached.
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Uninsured/Underinsured Boater (UB/UIB)What happens if you are hit by a boater who doesn’t have insurance and injures you or others on your boat? This scenario happens more often than you might think. Occasionally, uninsured boaters pay for damages out of their own pocket. But if they don’t have insurance and are unwilling to pay for your damages, your only recourse may be taking them to court leaving you to pay. Life your auto coverage, UB/UIB also pays for your injuries/medical bills and lost wages if you can’t work.
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​Add-on coverages for even more protectionTotal Loss ReplacementThis is available for boats no more than one model year old. If your boat is totaled within 5 model years, your policy will cover the purchase of a new one or give you the amount that you originally paid for your totaled boat— it's your choice. If you’re outside the 5 model-year window, your policy will still cover the the original purchase price of your boat. No depreciation. No estimated values. Just more cash for you.
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For example, let’s say that you bought a new boat 3 years ago for $30,000, but it’s now only worth $20,000. If you have a total loss, it’s going to cost you $30,000 (or more) to buy a brand new one. Your policy will pay you the $30,000+ and not the depreciated value of $10,000. That’s a real $10,000 difference.
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Sign & Glide® On-water TowingPays for soft un-groundings, on-water towing, jump starts, and fuel delivery if your boat is disabled on the water. Just call the dispatch center, and we’ll arrange for and pay the tow operator directly. You pay nothing out of pocket.
​​Full coverage for fishing equipment or carry-on itemsYou can receive full replacement cost up to $5,000 for your personal property such as phone, dive gear, or other items that are lost or stolen and up to $10,000 for fishing equipment.
​Propulsion Plus® mechanical breakdown coverageWill pay to repair or replace the lower unit of an outboard motor, or upper & lower units of an inboard/outboard motor if you have a mechanical breakdown. This also covers general wear and tear.
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Trailer Trip InterruptionIf your trailer or tow vehicle breaks down, and you’re more than 100 miles from home, you will be reimbursed up to $500 for food, hotel and other transportation costs.
Disappearing deductiblesThis coverage reduces your deductibles by 25% each year that you are claim-free. If you have a claim, your deductibles return to their original amounts on your next renewal date.
Note, if you finance your boat or dock it at a marina, you may be required to obtain a specialty policy. |
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Texas Boat Insurance FAQs
Do I need boat insurance in Texas?
Boat insurance is not always required by law in Texas, but many marinas and lenders require it. Even when not required, having boat insurance helps protect against damage, liability, and unexpected accidents on the water.
What does boat insurance typically cover?
Boat insurance usually covers physical damage to the boat, liability for injuries or property damage, medical payments, theft, vandalism, and storm-related losses. Coverage varies based on the type and value of the boat.
Does boat insurance cover storm or hurricane damage?
Many boat insurance policies cover storm-related damage, including wind and hail. Coverage depends on the policy and storage location, so reviewing storm and named-storm provisions is important for Texas boat owners.
Does boat insurance cover passengers or other boaters?
Most boat insurance policies include liability coverage if someone is injured while on your boat or if you cause damage to another vessel or property.
Where does my boat insurance coverage apply?
Coverage often includes inland waterways, lakes, and coastal areas, depending on the policy. Navigation limits may apply, especially for Gulf Coast use.
Can I bundle boat insurance with my home or auto policy?
Yes. Many insurers offer discounts when boat insurance is bundled with home or auto coverage. Bundling can simplify management and reduce overall insurance costs.
Should I review my boat insurance every year?
Yes. Reviewing boat insurance annually helps ensure coverage keeps pace with boat value, upgrades, storage changes, and usage patterns.
Texas RV Insurance FAQs
Do I need special insurance for an RV?
Yes. RVs often require specialized insurance because they combine vehicle and living-space risks. Coverage depends on whether the RV is motorized, towed, or used full-time.
What does RV insurance typically cover?
RV insurance may include liability, collision, comprehensive, personal property, and vacation liability coverage. Some policies also cover attached accessories and custom features.
Does RV insurance cover full-time RV living?
Some RV insurance policies offer full-time coverage, similar to homeowners insurance. Not all policies include this automatically, so it’s important to choose the right option.
Is RV insurance required in Texas?
Motorized RVs are required to carry liability insurance in Texas. Towable RVs may not be legally required but are often insured to protect the investment.
Does RV insurance cover my belongings inside the RV?
Yes, many RV policies provide personal property coverage, but limits apply. Higher-value items may require additional coverage.
Can I bundle RV insurance with other policies?
Yes. Bundling RV insurance with auto, home, or other policies often results in discounts and easier policy management.
Should I review my RV insurance before a trip?
Absolutely. Reviewing coverage before long trips helps ensure proper protection for liability, roadside assistance, and personal property while traveling.
