Safeco Boat And Watercraft Insurance Reviews 2023

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Safeco Boat And Watercraft Insurance Ratings

Safeco Boat And Watercraft Insurance Reviews

Safeco Boat And Watercraft Insurance Reviews 2023 (Ratings, Cost & Coverage). Water is central to life, literally. In fact, it is estimated that 50 percent of the world’s population lives within 3 kilometers of a freshwater body. This would explain the various fishing activities that many people undertake all over the world.

From the freshwater fish to the crustaceans that roam around the seas, the use of boats has enabled people to make a living. Your uses may be slightly different.

You may have yours as a recreation tool. After all the hustle and bustle you get to engage in while in the city, you can retreat to enjoy some time away from civilization, and let your mind be at ease.

As a boat owner, you recognize that the insurance you have is the difference between peace of mind and utter chaos should anything happen to your boat.

Learn about Safeco boat and watercraft insurance reviews to see if it works for you.

Check out Safeco boat and watercraft insurance reviews, ratings, cost & coverage for Safeco boat and watercraft insurance policies.

Following are some of the answers to commonly asked Safeco boat and watercraft insurance questions:

How Do I Get A Safeco Boat And Watercraft Insurance Quote?

Call the Safeco insurance phone number at (877) 857-9519 to start your boat or watercraft quote.

Licensed Safeco insurance agents are available 7 days a week during these hours (Eastern time):

Times Available Days
7 a.m. to 10 p.m.Monday through Friday
7 a.m. to 8 p.m.Saturday
11 a.m. to 8 p.m.Sunday

Or you can start your Safeco boat or watercraft insurance quote online 24/7:

What Types Of Boat And Watercraft Insurance Does Safeco Offer?

Safeco Boat And Watercraft Insurance

Every personal watercraft owner is always looking for something that suits them and their needs. This typically means that one plan does not fit all, and some tweaks are required. This is exactly what Safeco has done with the boat insurance they offer.

However, every package they offer includes the following; Safeco offers the following boat and watercraft insurance coverage types:

  • Fuel Spill & Wreckage Removal - This coverage will help with the removal of fuel spills and wreckage with the limits of policy liability.
  • Cruise Without Restrictions - This coverage allows you to sail in inland waterways of the US and Canada. It also allows you to sail up to 75 miles off the coast, which goes up to 90 miles in California.

How Much Does Safeco Boat And Watercraft Insurance Cost?

The average cost of Safeco's boat and watercraft insurance policies ranges from $12 to over $49 per month, and is mainly based on your zip code, drivers ages, type of bikes driven, coverages chosen, Motor vehicle records and claims history.

What Does Safeco Boat And Watercraft Insurance Cover?

Safeco boat and personal watercraft insurance offers coverage fir theft, damage, and liability in case of an accident or injury experienced while using your boat. It can also protect you against damage or injury caused by another boater who may be uninsured or underinsured.

Also if you get a loan or financing to pay for your boat, your bank will most likely require you to have boat coverage:

Safeco Boat And Watercraft Insurance Coverages Coverage Description
Watercraft Liability CoverageThis includes paying for boat repairs or replacing someone else's property. It further covers the costs of their medical care, lost wages, and other costs of a boating accident for which you are at fault. It will also help pay for wreckage removal and fuel spill cleanup costs.
Medical PaymentsThis helps cover medical expenses such as hospital bills and related care if you're legally responsible for an accident that injures someone else - regardless of fault.
Additional Fishing Equipment CoverageThis option carries a single item limit of $1,000, and overall limits are available up to $20,000.
Uninsured/Underinsured Watercraft CoverageHelps pay for your medical treatment, lost wages, pain and suffering, and other costs associated with the accident if you are hurt by an uninsured or underinsured boater.
Physical DamageHelps pay for repairs or the replacement of your watercraft, its engine, your trailer, and any permanently attached equipment up to the agreed value of your watercraft if damaged or stolen. Physical damage offers you:
  • Agreed Value: Full agreed value for all watercraft regardless of age, type, or hull construction, including jet skis and older boats, in the event of a total loss.
  • Personal Property & Unattached Equipment Coverage: Your fishing gear and other personal property are covered up to $750. Plus, unattached equipment such as water skis, deck chairs, anchors, safety equipment, and marine electronics are also covered for up to 10% of your hull value or $100, whichever is greater.
  • Emergency Assistance: Safeco will reimburse you up to $500 for the cost of on-water towing, labor, and basic emergency services (such as delivery of fuel or a battery) if your boat or personal watercraft is disabled while on the water.
  • Pet Coverage: Covers up to $1,000 for a cat or dog that is injured because of a boating accident.
Captain's PackageComprehensive coverage that protects you on both water and land - including:
  • New Boat Price Protection: You get total price protection for boats two years old or younger. That means you get the same features, equipment, and options as the boat you lost, regardless of the cost.
  • Roadside Assistance: Your boat or personal watercraft trailer, along with the vehicle you tow it with, are both covered up to $300 with this option.
  • Emergency Assistance: On-water emergency assistance is increased from $500 to $1,000.
  • Personal Property Protection: With the Captain's Package, your standard coverage is increased to $2,500 with a $250 deductible to replace your personal effects or those of your passengers.

What Type Of Boats Does Safeco Insure?

Safeco insures many different types of boats:

  • Pleasure-use boats that are in good, or better, condition.
  • Run abouts, cabin & cuddy cruisers, bass & fishing boats, power boats, pontoon boats, sail boats, jet skis & jet boats, bow riders and more.
  • Maximum allowable speed is 85 miles-per-hour for fishing/bass boats and 65 miles-per-hour for all other boats.
  • In most states, Safeco's maximum length is 40' and our maximum value is $350,000.

It's important to note that Safeco insures sailboats used for racing, but not powerboats designed or used for racing.

Examples of ineligible boats include:

  • Off-shore-style power boats, whether V-hull or catamaran hull.
  • Exposed-engine boats.
  • Watercraft with three or more outboard motors.

What Type Of Boat And Watercraft Insurance Discounts Does Safeco Offer?

Safeco offers many ways to save your boat and watercraft insurance:

  1. Save 15% on your premiums when you complete a boating safety course offered by the Coast Guard Auxiliary or U.S. Power Squadron.
  2. Having a boat with a diesel engine.
  3. Owning a home.
  4. carrying multiple policies with Safeco.
  5. Having more than five years of boating experience.
  6. More discounts might be available depending on your situation.

Is Safeco A Reliable Boat And Watercraft Insurance Company?

Safeco Liberty Mutual

Yes. Safeco has the money and reserves to pay it's boat and watercraft claims. Safeco Insurance is owned by the Liberty Mutual Group, which is very financial stable.

Liberty Mutual Insurance has financial strength ratings of "A" or "Strong" from Standard & Poor's, an "A2" or "Good" from Moody's, and an "A" or "Excellent" rating with A.M. Best. Liberty Mutual is ranked in the top 100 largest U.S. Corporations according to Fortune.

Are Safeco's Insurance Reviews & Ratings Good?

Following are some Safeco boat and watercraft insurance reviews online:

Better Business Bureau

The Better Business Bureau says Safeco offers: Car Insurance, Motorcycle Insurance, Personal Liability Protection, Homeowners Insurance, Renters Insurance, Condominium Insurance, Flood Insurance, Identity Fraud Expense Coverage & Life Insurance.

Overall the BBB rates Safeco A+. It does reference that Liberty Mutual is the parent company.

Safeco's Contact Information

Address: 175 Berkeley Street, Boston, Massachusetts 02116


Sales Phone #: (877) 857-9519

Safeco Boat And Watercraft Insurance Reviews - The Bottom Line

Safeco boat and watercraft insurance reviews are above average. Every insurance company evaluates premiums differently. Sometimes Safeco will offer the lowest rates, and sometimes they won't. Still, overall, Safeco's rates are lower than those offered by larger insurance companies.

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