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First Choice Insurance Services

605 11th ST SW
Spencer, IA 51301

Phone : 712-580-4642
Fax : 712-580-4643
Email :

Boat/Watercraft Insurance

Boat insurance helps cover damages associated with accidents that occur on or to watercraft. It is typically not required in Iowa unless you have a lien on your boat. In that case, it is highly likely that your lender requires some form of coverage. You should also be aware of the rules where you choose to launch. Some marinas require boat insurance in order to use their facilities, so call ahead to find out.

Boat insurance is similar to automobile insurance in many ways, as you will see in the following list of common boat insurance coverage options:

Physical Damage

Damages to watercraft do not only occur in the water. Sometimes, they get damaged during transport or even while they are stored away. Physical damage coverage helps with damages during these times, including towing expenses if needed.

Personal Liability

Personal liability helps with damages made to another boater’s property that you are responsible for.


For most boat owners, insurance is not required, so it is not surprising that many carry little or no insurance. If you are in an accident with an underinsured or uninsured boater, this coverage takes care of the costs of the accident.

Medical Payments

Medical payments insurance covers physical injuries suffered by you and your passengers even if the other party is at fault.

Emergency Assistance

If you happen to run out of fuel or your battery dies while you are in the water, this coverage comes to the rescue. It also covers the cost of towing if it is needed.

There are several additional types of coverage that you can choose for your boat to customize just the plan you need. At First Choice Insurance Services of Iowa, we will help you design the perfect coverage package. Taking the size and type of watercraft into consideration along with a few other factors, we can pinpoint the coverage that suits you and your boat.

Stop by or give us a call today at First Choice Insurance Services to get the protection your watercraft needs.

Partner Carriers

  • AAA