When boating season comes around a boat owner’s first thought is to send their boat into the water. The last thing they want to think about is a boat insurance policy, however, no matter how much you prepare for accidents, without a boat insurance policy your risking your safety, the passenger’s safety and the value of your boat. Although there is no legal requirement for a marine insurance policy, it should be the first thing on your mind. Keep in mind, most marinas won’t allow you to dock unless you have it.

As recreational activities continue to grow on the water, so does the risk of accidents. Even experienced boaters may make mistakes once in a while. The cost for accidentally hitting a swimmer or a water skier could be very high. Can you afford to pay for liability damages? It’s better to purchase boat insurance now than wish you had later!

Another risk you should consider is of transporting or storing your boat, trailer, or other valuable equipment. This is something many of us don’t think is a big issue, but you can cause just as much damage to your boat on land as you can in the water.

Your boat is probably one of your most valued possessions. If your boat were stolen or expensive equipment you would most likely want to be compensated. Vandalism could also be an issue many do not think is important, but it is very common. A boat should be covered no matter who is operating the boat, as long as the operator is legally allowed. Stealing a boat is actually easier than stealing a car. In case of motor failure the motor may be covered and the insurance could allow the boat to be towed.