Geico Boat Insurance Options
Trailer Assist Roadside Coverage
By adding this endorsement you’ll get coverage for your towing vehicle and insured trailer for expenses such as towing the trailer to the nearest repair facility, flat-tire roadside assistance, battery jumpstarts, fuel delivery and more.
Towing and Assistance Coverage
This country to tow your boat or trailer from the water or a road to the nearest safe location. Assistance can include delivering gas, oil, tires or replacement parts and the labor at the site. But note that the cost of the gas, oil, tires or parts aren’t covered.
Coverage for Hired Crew
This endorsement extends your Geico boat liability insurance to liability arising from the Jones Act, Death on the High Seas Act or General Maritime Law.
If your boat is less than 11 years old and you’re buying hull and towing coverage, you may be eligible to add Geico’s mechanical breakdown coverage for boats.
Ice and Freeze Coverage
This add-on coverage pays you the boat’s actual cash value if it’s damaged by ice and freezing. Without it, ice and freezing is generally excluded.
You can add insurance if you use your boat as a charter guide service, such as taking customers out on fishing or sightseeing excursions.
Cruising Limit Extensions for the Bahamas or Bahamas and Caribbean
Geico boat insurance generally covers you in US and Canadian coastal and inland waters. You can buy add-on coverage that extends your insurance when you’re boating within certain latitudes and longitudes that are excluded by the main policy, such as the Caribbean, Turks and Caicos, Mexico, Belize and other locations.
Private Dock Liability
This endorsement adds liability coverage for your private dock to your main boat liability insurance.
Do you employ a captain or other paid crew? This endorsement would make them a named insured on the boat insurance policy.
Geico’s Platinum Plus Boat Insurance
Geico’s Platinum Plus is a boat insurance package that offers increased coverage amounts for emergency services, medical payments, personal effects and additional marine environmental damage.
It also adds hurricane preparation coverage that will pay 50% (up to a set dollar limit) to have your boat professional moved when there’s a Tropical Storm or Hurricane watch or warning. It also pays for lashing into ground anchors. It has some post-storm benefits as well for power washing and relaunch.
The Platinum Plus package also lowers your deductible for your dinghy, outboard and navigational electronics.
Geico Boat Insurance Discounts
Look for these possible discounts if you’re buying Geico boat insurance.
Boat safety course or training discount if you’ve completed an approved boating safety course.
Multiple policy discount if you have more than one boat insurance policy or another Geico policy.
Years loss-free discount based on the number of years you’ve been insured and had no claims (excluding claims for hurricane, lightning and towing).
You may have the option to add a “diminishing deductible” for your hull and equipment coverage. For every year you don’t have a hull and equipment claim, your deductible for that coverage will be reduced by 25%.
Is Your Boat Eligible for Geico Boat Insurance?
Here are some of the rules typically used by Geico to determine whether a boat is eligible for coverage:
- Hull length overall is less than or equal to 70 feet.
- Boat must be less than 50 years old.
- The boat can’t have more than four engines.