In many states it is mandatory to have boat insurance. However, it is not required in the state of New York.
No, boat insurance is not mandatory in Pennsylvania.
No, boat insurance is not mandatory in Alabama.
Boat insurance is not mandatory in California. However, your are still responsible for bodily injury and property damage caused by your actions.
Yes its mandatory to have boat insurance and have a boating license.
In Missouri, boat insurance is only mandatory if you have a loan on your vessel.
No, boat insurance is not required in Texas.
if you a financing a boat and it is used as collatoral you must have insurance. if there are no leins against the boat, insurance is not mandatory.
Insurance becomes mandatory in Michigan if the boat is equipped with a 50 horsepower and above engine.
no its not
No it is not, but it is always a good idea
No state requires boat owners to have insurance on a pleasure boat. If you have a loan using the boat as collateral, the bank will usually require insurance coverage on the boat. They will also require to be listed as a loss payee which protects their interest in the event of loss to the boat. Some marinas will require the boat owner to carry liability insurance and the marina may also require they be named as an additional insured.