traxxas make waterproof servos in 3 different sizes, have a look on ebay, they are around £13. I have used a micro 1 as a steering servo in a eco 3 fast electric, but did find it a little slow for that. I'm not sure how waterproof they are, I suspect that water would seep through the output shaft if it was fully submerged for any length of time, but the fast electric has a fair amount of water slopping around in it at times & the servo never failed.
cheers Glenn