Qualifications for Classic Boat Insurance

A man on a white boat looking at ducks on a lake.

Fibreglass boats

We’ll consider most collectible fibreglass boats; runabouts from the ’50s and ‘60s are of the highest value. Qualifying boats are: 12 years and older // Greater than 14’ in length // Valued at $10,000 or more // Limited to 65 MPH/105 KMH.

Two men directing a red collector boat through still water.

Wooden boats

Hagerty proudly protects most classic wooden boats. Whether you own an original Chris-Craft, Century, Gar Wood or a high-quality reproduction of a classic boat, we've got you covered. If it's collectible, made of wood and in good to excellent condition, Hagerty likely protects it.

A man directing a red collector boat through still water.

Runabouts

Runabouts typically range in size from 14' to 33' and are characterized by a closed top deck with individual cockpits for seating. Examples include barrel back designs, larger triple cockpits and gentleman's racers.

A family of three speeding through water in a collector white boat.

Utilities

Utilities typically range in size from 12' to 30' and are characterized by a large open interior with only the top deck forward of the windshield. They are some of the most popular designs, as the open interior lends them to things like waterskiing and fishing.

A family of five posing for a photograph on a white collector boat.

Launches

These vessels range in length from 16' to 30'. They are an open configuration usually with seating able to accommodate several passengers. The earliest versions were powered by steam with later versions having small single-cylinder gas-powered engines.

A man directing a collector boat through teal water, with woods in the background.

Cruisers

Cruisers range from 26' on up. There are several design types including: Sedan, Aft cabin, Flush deck, Express, Sportfish and others. Cruisers have enclosed cabins that typically allow for an overnight stay. They usually include a head, galley and systems to provide power and store water and waste. Out-of-Water Value and Condition Survey required.

A wooden collector sailboat with white sails unfurled, with gray clouds in the background.

Sailboats

Sailboats range from 12' open boats to much larger vessels with full cabin facilities. There are several specific design types: Yawl, Gaff rig, Cutter, Catboat, Sloop and many others. Out-of-Water Value and Condition Survey required for sailboats over 26' with cabin facilities prior to coverage. Club racing is permitted.

Several collector marine craft being restored, surrounded by wood and paint cans.

Boats under restoration

Whether you're restoring the craft yourself or using a professional facility, the Port Risk policy assures that you're covered, including for fire, theft or vandalism. You can easily increase the agreed value as your restoration project progresses with a simple phone call. When your restoration is complete, navigation can be added for full in-water operation.

What qualifies for collector boat insurance?