I have boat insurance through Illinois Farmer's Insurance. I pay something under $150/year. My boat insurance is not tied to a home owner's policy, but many people do it this way to save money.

I believe I have $7000 policy for my 1995 Hobie 20. I've only had one claim on it, and it was very easy. The other good thing is that they didn't increase my rates after I had the accident. Guess it's better than auto insurance in that regard.

It covers accidents, theft, fire, acts of God, and liability. I think it may be as much as 100K in liability, but I don't remember for sure.

I wouldn't be without it, that's for sure!

Fair winds,

Tim J.