The specification discloses a combination cruising top and storage cover for a boat of the kind having a deck disposed between fore and aft ends of the boat, the deck including a passenger area, the combination cruising top and storage cover comprising at least first and second cover portions selectively pivotally moveable towards each other and into a first, raised configuration, wherein the at least first and second cover portions are arranged vertically adjacent each other in generally lapped relation to define a cruising top for a boat, and selectively pivotally moveable away from each other and into a second, lowered configuration, wherein the at least first and second cover portions are each positioned vertically lower than in the first, raised configuration and arranged generally horizontally in substantially end-to-end relation to thereby define a storage cover for covering at least a portion of a boat's deck.