PWC Insurance Cost

(And how you can easily find the right coverage)

Written by Jessica Huneck
Written by Jessica Huneck

Jessica Huneck is an insurance writer from She began her writing career in 2011 and has since earned herself a bachelor's degree in English writing.


If you are researching PWC insurance costs, it is important to know that your rate will be unique. There are a number of factors that affect your costs, and there are also ways to reduce your rates if you are looking to save.

You may be wondering if you need to buy PWC insurance in the first place. Whether or not it is required in your state, it is important to remember that any vehicle that can travel at high speed involves risk. 

Insurance is a way to protect your investment and cover the costs resulting from any accidents that might occur. Contact an independent agent in our network to find out how to  find PWC insurane rates that match your budget.

personal watercraft

Save on Personal Watercraft Insurance

Our independent agents shop around to find you the best coverage.

Factors Affecting PWC Insurance Costs

  • Your driving record
  • Your experience with PWCs
  • The watercraft’s horse power
  • The type and amount of coverage you choose
  • Whether you include coverage for a trailer, equipment and towing services
  • The deductible you choose

Do You Need to Buy PWC Insurance?

Personal watercraft insurance may not be something you considered when you bought your shiny new Sea-Doo, Jet Ski, or WaveRunner. Before you hit the water, consider purchasing PWC insurance first.

Each state has different regulations, so be sure to check your state’s requirement for insuring a personal watercraft before you shop for insurance quotes. Comparisons will be more accurate and much easier to make when you compare the same levels of coverage between various insurance companies. 

Note that an agent can do all the comparison shopping for you, and can find the best coverage for you at a cost you can afford.

What Is the Typical Cost of PWC Insurance?

The cost of your PWC insurance will depend on several factors, including the make, model and horsepower of your watercraft and the options and deductibles you choose. 

Depending on the types of coverage and amounts you choose, the average annual premium you can expect to pay will likely range between $300 and $500 annually.

Each insurance company is different. Some companies offer additional optional services such as towing in the event of a breakdown. If you have a way to tow your own watercraft, then you may not need the towing option. Opting out of that type of coverage will also keep your premium lower.

How Do Agents Calculate PWC Insurance Costs?

An agent will need the following to prepare your PWC insurance quote:

  • Your driving record – on the road and on the water
  • The number of years you have been a PWC driver
  • A list of any others who will be using the vehicle
  • Location where you plan to ride your watercraft
  • Your certifications and safety training

Insurance companies calculate the probability of an accident based on things like your location and driving record. For example, if there is a nearby lake reporting a high number of accidents, chances are your premium costs will trend higher than if you frequent a lake that does not experience many accidents.

personal watercraft

Save on Personal Watercraft Insurance

Our independent agents shop around to find you the best coverage.

Can You Lower Your PWC Insurance Rates?

Everything from how often you ride to where you keep your Jet Ski can affect the cost of your PWC insurance. For example, some insurance companies will want to know how you store your personal watercraft. 

Storage in a garage is safer than leaving the watercraft out in the open, and your premiums will typically be lower as a result.

Additionally, you may want to ask an agent how these factors affect your costs:

  • Taking a U.S. Coast Guard watercraft safety training course
  • Bundling your PWC and your home and/or vehicle with one insurance company
  • Choosing to pay the entire year’s premium up front, or twice a year (instead of monthly)

If beginning to research and contacting insurance companies gives you a knot in your stomach, the good news is there is another way to get the coverage you need.

An independent agent in our network can compare insurance companies and prices for you. Contact a local member agent in your area today to find out how much PWC insurance you need, and how to get it at a cost you can afford.

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