Homeowners coverage for boats is limited
Many South Carolina homeowners assume their homeowners policy covers a boat stored at the house or used on nearby waters. In practice, homeowners coverage for boats is limited—often by size, horsepower, or a low dollar limit—and liability while operating the boat is frequently excluded or severely restricted.
Typical gaps
- Low sublimits for watercraft under personal property
- Little or no liability while the boat is underway
- Exclusions for larger motors or certain vessel types
- No coverage for damage to the boat itself beyond narrow personal property terms
A dedicated boat insurance policy is the practical solution for most Grand Strand boat owners. It can cover the vessel, liability, and related equipment with limits designed for actual use on the water.