Boat Insurance in Schaumburg, IL
Your boat is a big purchase, and a day on the water can go wrong fast. Boat insurance helps pay when your boat is damaged or when someone gets hurt. We help boaters from Schaumburg and the northwest suburbs, on the Chain O’Lakes, the Fox River and Lake Michigan.
Call us at (847) 238-3861, in English or in Spanish. We are open Monday to Friday 10 to 7 and Saturday 10 to 3.
What Does Boat Insurance Cover?
Every policy is different, and you choose the parts you want. A boat policy can include:
- Damage to your boat from a crash, a storm or fire.
- Theft of the boat, the motor or the gear on board.
- Liability, if your boat hurts someone or damages another boat or a dock.
- Medical payments for people hurt on your boat.
- Uninsured boater cover, if the other boat has no insurance.
Not sure what you need? Tell us how you use the boat and we will go through the options with you.
Liability on the Water
A busy summer weekend on the Chain O’Lakes means a lot of boats in a small space. If your wake tips a kayak or you bump into a dock, the bill can be large. Liability cover helps pay for the other person’s injuries and damage.
Is Your Trailer Covered?
Your boat spends a lot of its life on a trailer, on the road and in the driveway. Some boat policies include the trailer and some do not. Ask us to check yours before the next trip to the lake.
Boat Insurance in Winter Storage
October is when most boats in northern Illinois come out of the water. A boat in storage can face fire, theft, a fallen tree or snow on a cover. Many policies cover the boat while it is stored, and some let you lower the price for the months it is off the water.
Before you store it, call us and we will look at what your policy covers through the winter.
What Illinois Asks of Boat Owners
Illinois asks you to register every boat that has a motor or a sail, trolling motors included, with the Illinois Department of Natural Resources. Boats over 21 feet also need a title.
Insurance is a separate question from registration. If you have a loan on the boat or dock it at a marina, they may ask you for proof of insurance.
Frequently Asked Questions
Does my homeowners policy cover my boat?
Some homeowners policies cover a small boat for a small amount, and many leave boats out. Bring us your policy and we will tell you what it says.
Can I insure my boat and my car together?
Many companies give a better price when you have more than one policy with them. Ask us about our auto insurance in Schaumburg when you call about the boat.
What about my RV or motorcycle?
We help with those too. See our RV insurance page.
Get a Boat Insurance Quote
Tell us about your boat, where you use it and where you store it. Get a quote online or call (847) 238-3861.