In this study, an eco-friendly coconut oil-based polyol blend was synthesized for bio-based waterborne polyurethane (WBPU) and WBPU-silane composite coatings. It was demonstrated that an increase in silane content incorporated into the WBPU matrix significantly enhanced the corrosion protection of WBPU coatings. Results also show a fourfold increase in the adhesion strength of WBPU-silane composite coatings as compared to that of bare WBPU coatings. Further, the water contact angle revealed that hydrophobic properties increase as the silane content incorporated into the WBPU matrix increases. This work provides a novel route for enhanced corrosion protection utilizing a bio-based polyol blend.