There is some coverage available through a homeowners or renters policy for watercraft, but it is very minimal. If you are looking for more extensive coverage, including liability for any damage your boat may cause, it is often best to purchase a boat policy. Coverage offered usually includes theft, passenger liability, and towing in addition to third-party liability and coverage for the boat itself.

External Links:

1. https://www.iii.org/article/boat-insurance-and-safety