Boat & Marine Insurance
We’re your coastal boat, charter, marina and marine artisan insurance professionals. Let our crew help you protect your water lifestyle.
Why Do Boaters Choose Wells Marine Insurance?
At Wells Marine, you’ll find a variety of AM Best A or A+ rated boat and marine insurance carriers at hand. That advantage allows us to shop for our clients widely and provide choice in your coverage options.
Having a selection of choices available in the insurance markets available to us, rather than the one or two offered by your agency down the street, helps Wells Marine find the right combination of price and product to match with your needs. If your agent isn’t shopping your marine insurance coverage with multiple carriers, you aren’t getting to see what the “rest of the marketplace” holds for your particular risk.
It’s important to know that EVERY marine risk is rated individually—both the boat and the insured, so shopping as many carriers as you can will help locate the best rate out there. Remember, however, that the lowest rate doesn’t necessarily equal the right product for you—so be sure to ask your Wells Marine Insurance agent about that.
At Wells Marine, we can take the time to explain your coverage and what differences you may find between our quoted product and your current product. Taking the time to dial it in properly and accurately to your risk profile, means fewer “surprises” come claims time—which is the worst time to find out you didn’t have the coverage you thought you did.
This is how our experience, focus on the maritime industry, and depth of carriers as a 100-year-old brokerage pays off for our clients, and why they become raving fans and stick with us year after year.
What Does a Boat Insurance Policy Cover?
Unfortunately, accidents happen – even on the water.
A specialized Boat Insurance policy covers your boat or personal watercraft, as well as its motor against potential loss due to things like:
- Vandalism
- Collision with another boat or object
- Theft
- Damage caused by uninsured or underinsured boaters
Your policy may also extend to protect extra equipment attached to your boat such as anchors, oars, canopies, life preservers, and fuel tanks. Coverage for fishing equipment and personal property may also be available.
Liability Insurance
Liability insurance can help pay for medical expenses or legal costs if you are at fault in a boating accident. Coverage options can include bodily injury payments, damage to another’s property, medical payments, guest passenger liability, and more.
Additional Coverage Options
At Wells Marine Insurance, we make insuring your boat or personal watercraft easy and affordable by offering extended policy benefits like On-Water Towing and Roadside Assistance when traveling with your boat.
You may also be eligible for money-saving discounts when you insure multiple watercraft or when combining your Boat and Auto policies. Even simple things like being an accident-free boater and completing a boating safety course can help you save money too.
Personal Boat Insurance
For most people, owning a boat can be a dream come true. Whether you are out on the water with friends or enjoying a relaxing day of fishing, your boat provides an escape from the daily grind.
A Boat Owners policy from Wells Marine Insurance can help you cast your worries aside, and better enjoy your time afloat. We offer many coverage options to keep you, your vessel, and its passengers safe.
We offer coverage for the following marine vessels and more:
- Yachts
- Performance boats
- Sailboats
- Personal watercraft
- Houseboats
- Boat trailers
Commercial Marine Insurance
Commercial Marine business owners and operators have specific needs and unique insurance requirements.
At Wells Marine Insurance, we understand this, and we thrive in it. Our job is to listen to your needs to offer commercial insurance programs that offer our clients the broadest coverage for the most competitive price.
We work collaboratively with you to identify each detail of your business and match these details with appropriate programs in the commercial marine market to present to you. Coverage options for marine businesses are as varied as the type of work available in the industry – some of which include Liability, Property & Indemnity, and Agreed Value.
Whether you are a part-time charter fishing guide, a full-time marine artisan, or a large marina or dive school, we will help you find the policy that best meets your needs to provide protection to you and your business.
Other types of marine coverage include but are not limited to:
- Disappearing hull deductible
- Pollution liability
- Professional angler liability
- Dockside liability
- Replacement vessel liability
- Tournament fee reimbursement
- Named storm deductible
- Tackle and personal property liability
- Broad navigation and boat trailering conditions
Ready for a Quote?
Give us a call or stop by our Marine office located at 2 1/2 Marina St. Suite A in Wrightsville Beach, NC
Say ahoy to our marine insurance team.
Our team of knowledgeable boat insurance professionals are experienced in creating marine insurance policies designed to fit whatever your needs may be.
We’re a team of professional marine insurance agents, who understand and share your passion for the water. Because we focus solely on marine products, we can help you understand the different options available for you and help you select what’s right for your situation.
Our goal is to foster regular communication on a one-on-one basis with our clients to develop not only the perfect insurance policy but a lasting relationship as well. We know that once you start living the water lifestyle, you can’t ignore the pull of the sea. Wells Marine offers key protection and services, so you can enjoy your time on the water, every time you go out.
With Wells Marine Insurance, you’ll experience top-notch service and the power of choice that you can only find with an independent insurance agency, with superior protection, on and off the water.