According to information from the U.S. Coast Guard, property damage to
boats has been increasing. Many states now require boat owners to have
boat insurance. If you have your boat on a loan or use a marina, you will
probably also be required to have boat insurance. If you are not required
to insure your boat, it is important you still consider purchasing boat
insurance from an insurance company.
Before Getting Your Insurance Quote: Understanding Boat Insurance
Boat insurance works similar to the insurance for your car, and can
protect in the same way. But, since boats have different features than
your car, you will want to make sure your insurance company gives you all
the coverage's you need and any savings that may lower your premium before
you get a boat insurance quote from an insurance company.