Essential Tips for Protecting Your Boat and Watercraft This Summer

As summer approaches, many El Paso residents are preparing to enjoy time on the water with boats, jet skis, and paddleboards. However, safety and insurance coverage are crucial considerations, as recent U.S. Coast Guard data reported 3,887 boating accidents in 2024, resulting in 556 fatalities and significant property damage. Homeowners insurance offers limited coverage for small, nonmotorized watercraft, typically capping at $1,000 to $1,500, and does not extend to larger boats or personal watercraft like jet skis. To ensure adequate protection, boat owners should consider obtaining a dedicated insurance policy, especially if their watercraft exceeds $1,500 in value, to cover potential liabilities and damages while on the water.

Key Details: • Homeowners insurance typically covers small boats and nonmotorized watercraft only while on your property. • For boats valued over $1,500, a separate insurance policy is recommended. • Liability coverage for injuries or damages is often not included in homeowners insurance. • Paddleboards and kayaks are covered as personal property but not for damages incurred while on the water.