There are several different types of watercrafts that are covered by a boat insurance policy. The most common are:

Powerboats
Also known as motorboats, these have a capable propulsion system and can encompass anything from a runabout to a yacht.

Fishing boats
Simple to operate and maintain, these boats often include a trolling motor and are typically used for lowkey activities like fishing and observing nature.

Sailboats
Typically, this is the standard type of boat when it comes to relaxing on the water, although adrenaline junkies can also use them for racing.

Pontoon boats
These lightweight, spacious and versatile water vessels are easily customizable and include different types of pontoon boats, such as traditional pontoons, tritoons and luxury pontoons.

Personal watercraft
Fast and flexible with an inboard jet drive, these types of watercrafts are typically used by thrill seekers, and can include jet skis, WaveRunners and Sea-Doos.