Unlike many of the other providers we reviewed and included in this list, SkiSafe is dedicated to one thing: providing insurance for jet ski, boat, and other PWC owners. It has over 500,000 insured customers and offers some of the lowest premiums in the industry. It also has several policies, discounts, and customization options that make it the best overall insurance provider for jet ski owners. Ski Safe customers can choose between four different packages: Liability Only, Basic Package, Premium Package, and a Build Your Own package. Limited liability coverage costs as little as $85 a year, but if you want to add additional coverage, packages start at $203 a year. Depending on which package you choose, coverage can include physical damage, bodily injury, medical payments, towing, fuel spills, and roadside assistance. Ski Safe also offers a few discounts, including ones for purchasing online, completing a boating safety course, and, if you don’t use your jet ski year-round, one for the winter lay-up period. Ski Safe has an A+ A.M. Best rating, and its customers are generally happy with their coverage and overall experience with this provider. The customer experience is further improved by an easy-to-access online portal and resources that make it easy to pay your bill and review policy documents.

When it comes to bundling insurance policies, Nationwide is a consistent favorite. That’s because many customers find this provider the most affordable when combining multiple policies, like home and auto insurance. Fortunately, those discounts and competitive rates also extend to Nationwide’s PWC insurance, making it our number one choice for bundling.  In addition to offering some of the most competitive insurance rates for jet ski, home, auto, or life insurance policy bundles, Nationwide generally offers low premiums, starting at $100. And though deductibles range from $250 to $5,000, nearly 75% of Nationwide policyholders typically carry a deductible between $250 and $500. That deductible can shrink by $100 a year (max $500) for each year you go without an accident.  Nationwide doesn’t currently offer as many discounts as some of its competitors. PWC customers can receive one additional discount when they complete a personal watercraft safety course. Still, the multi-policy rate keeps prices quite competitive compared to other top providers.

Nationwide, which received an A+ rating from A.M. Best, offers flexible PWC policies that include bodily injury liability, property damage liability, protection from uninsured and underinsured motorists, collision and damage payments, medical payments, and on-water boat towing and labor.

It also offers comprehensive coverage that protects your investment in the event of fires, theft, or storms. As an added benefit, its coverage has no real geographical restrictions, making it a good choice for jet ski owners who aren’t committed to a single location.

With a slogan that boasts “you’re in good hands,” it’s not surprising that Allstate’s benefits extend beyond what you’d expect of a well-known insurance provider. Allstate provides policyholders with a robust collection of discounts and services both inside and outside of the organization, and with rates as low as $25 a month, it is the top pick for policyholder benefits.  The benefits start with generous discounts based on a number of eligibility factors. Allstate insurance customers can reduce their rates by taking advantage of multi-policy (up to 20%), full-pay (10%), homeownership (10%), and boat education course (5%) discounts. Allstate also offers a generous 6% discount when you sign up for autopay.  Allstate customers can also take advantage of discounts and benefits with Allstate partner organizations, including Intuit, HomeAdvisor, Kidde, PODS, Budget Rental, Auto Zone, Valvoline, SiriusXM, and Avis. With an Allstate boat or PWC insurance policy, you’ll gain coverage that includes damage to your watercraft, any resulting medical payments, and watercraft liability protection, as well as coverage for property damage, repairs, emergency services, and against uninsured watercraft. Allstate also has an optional Agreed Upon Value coverage, which makes it possible for you to recoup the full price (the time-of-purchase value) of your jet ski regardless of the market value at the time of a claim.

In business since 1937, Progressive is one of the most well-known insurance companies in the United States, and it has an extensive collection of comprehensive insurance policies to cover many types of property, including boats and personal watercraft. Progressive also offers discounts for customers who purchase coverage for more than one boat, jet ski, or other personal watercraft. This makes it a top choice for anyone who wants to insure multiple jet skis.  If it’s basic coverage you’re looking for, you can insure one or more jet skis for just $100 a month. With the Basic plan, you’ll gain liability insurance and insurance against uninsured boaters. You can increase your coverage by taking advantage of Progressive’s Choice and Plus plans, which include medical payments, comprehensive insurance, and totaled vehicle loss coverage.  If you want a more robust insurance policy, you can decrease costs when you insure more than one jet ski. However, those aren’t the only discounts you can take advantage of. Progressive also extends discounts to policy owners who bundle other Progressive policies, are the original owner of the PWC, have a clean driver’s records, or transfer coverage from another company. United States Coast Guard Auxiliary, USAA, and United States Power Squadron (USPS) members can also get additional discounts. Progressive customers can expect deductibles between $500 and $5,000 with jet ski coverage up to $27,000. However, it’s worth noting that coverage maximums can change based on your geographic location. For instance, maximums may be lower for customers in hurricane-prone zip codes. 

Despite some negative customer reviews, Progressive has received an A+ (Superior) rating from A.M. Best and is frequently a top choice among boat and watercraft owners.

Not all insurance providers cover watersports, but that’s not the case for Markel. Unlike other providers, Markel coverage allows you to customize policy coverage, making it a top choice for anyone looking for insurance to suit those activities or needs.  Markel is a specialty insurance company that provides coverage for very niche markets, including PWCs, motorcycles, off-roading, and even equine ownership. Markel‘s PWC coverage includes:

• Physical damage, with actual cash value (ACV) and agreed value options
• Consequential damage, such as fires, collisions, or strandings that occur due to normal wear and tear
• Ice and freezing damage if you contracted a winterization service, but your jet ski was still damaged

A Markel PWC policy will also protect you from watercraft liability, necessary medical payments, uninsured boaters, and emergency towing and assistance. You’ll also have the option to customize your policy to include trailer, lift, and even trip coverage.  Like other PWC insurance providers, Markel offers a few discounts, including a multi-unit discount, experienced boater discount, and mature operator discount for policyholders 40 years or older. There’s also a diminishing deductible that reduces your deductible by 25% each year, with the opportunity to have a $0 deductible after your fourth year of coverage.

The insurance policies discussed above are specific to personal-use jet skis, but what if you’re planning on renting out your jet ski or other PWCs? Many traditional policies won’t cover commercial use, so if you’re considering renting out jet skis, you’ll need to look for a commercial insurance provider. Global Marine Insurance offers a comprehensive jet ski rental policy, making it our choice for the best commercial use provider.  A basic Global Marine insurance policy will cover extraneous expenses associated with medical expenses or employee negligence, equipment replacement costs related to client negligence, and equipment replacement expenses in the event of catastrophic storms or flooding.  Global Marine insurance offers multiple jet ski insurance add-ons and extended policies. This includes dealership coverage, which protects your investment during hauling, anchoring, and servicing; marina coverage, which protects against damages during storage or winterizing; and marina operators’ legal liability, which eliminates liability in the events that a PWC or boat is damaged while in your care or control.  Not considering a commercial use policy? Global Marine Insurance Agency also offers personal jet ski policies that are competitively priced.