Salvage boats, often referred to as salvage title boats, are vessels that have been declared a total loss by an insurance company due to extensive damage or loss. While insuring a salvage boat can be more challenging than insuring a boat with a clean title, it is possible under certain circumstances. In this article, we’ll delve into the world of salvage boat insurance and the considerations involved.

Understanding Salvage Boats

Salvage boats are those that have sustained significant damage, often as a result of accidents, natural disasters, or other catastrophic events. Insurance companies may declare them total losses when the cost of repairs exceeds the value of the boat itself. These boats are typically sold at salvage auctions, where individuals or businesses may purchase them for repair or parts.

Can You Insure a Salvage Boat?

While obtaining insurance for a salvage boat can be more complex than insuring a boat with a clean title, it is possible through specific avenues:

Specialized Salvage Boat Insurance: Some insurance providers specialize in salvage boat insurance. They offer policies that provide coverage for damages, theft, and other perils associated with salvage boats. These policies are designed to cater to the unique needs and risks of salvage boat owners.

Rebuilt or Reconstructed Status: In some cases, you may be able to obtain insurance for a salvage boat if you can demonstrate that the vessel has been properly rebuilt or reconstructed to meet safety and regulatory standards. Providing evidence of thorough repairs and inspections is crucial.

Limited Coverage: Insurance providers may offer limited coverage for salvage boats, which means you may not have access to the same level of protection as you would with a boat in good condition. Coverage may be restricted to specific perils or types of damage.

Key Considerations for Salvage Boat Insurance:

Thorough Inspection: Before obtaining insurance, your salvage boat will likely need to undergo a thorough inspection by a marine surveyor or a representative from the insurance company. This inspection assesses the vessel’s condition and verifies that it meets safety standards.

Disclosure of Salvage Status: When applying for insurance, it is crucial to be transparent about the salvage status of the boat. Failure to disclose this information can lead to policy cancellation or denial of claims in the future.

Premium Costs: Salvage boat insurance premiums are typically higher than those for boats with clean titles. The exact cost will depend on factors such as the boat’s value, repair history, and intended use.

Limited Market: It’s important to note that the market for salvage boat insurance is limited, and not all insurance providers offer coverage for these vessels. You may need to explore specialized marine insurance companies.


Insuring a salvage boat is possible, but it requires careful consideration, thorough documentation of repairs, and compliance with safety and regulatory standards. If you own or plan to purchase a salvage boat, consult with insurance professionals who specialize in marine coverage to explore your insurance options and ensure that you are adequately protected in the event of future accidents or incidents.

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