Watercraft policies can cover physical damage to the hull, sails, machinery, furniture, the boat trailer and most other equipment that is normally used on board. The policy also protects you against liability losses for damage to another boat or dock, and for bodily injury or death to another person as a result of your negligent operation of the boat. Optional coverages include protection from damage caused by an uninsured boater, coverage for your personal property, and coverage for your fishing equipment.