Do all states require boat insurance?

I'm in the process of buying a boat. Do I need boat insurance? I live in Michigan.

Answer
“Unlike car insurance, you don’t need to carry boat insurance if you live in Michigan.
Currently, only two states require boat insurance: Arkansas and Utah.
While boat insurance isn’t required in Michigan, some marinas require insurance. If you’re financing your boat, your lienholder may also require it.
Even if you have a private dock and aren’t required to have boat insurance, you should still consider getting it. It can provide you with coverage in case of an accident or injuries and protect you from a variety of situations, such as:
  • Fire
  • Theft
  • Vandalism
  • Accidents
  • Breakdowns
  • Liability issues and court fees
  • Medical payments for you and your passengers
If you’re worried about the cost of boat insurance, there are affordable options. You can compare rates and coverages with various companies to determine whether boat insurance is right for you. If you have car insurance currently, you should find out if your company offers boat insurance. You may be able to get a multi policy discount by choosing to bundle your policies
If you want to make sure you’re getting the best possible deal on bundling your insurance, using tools like the Jerry app can be really helpful! We’ll get you customized quotes from different providers so that you can be sure you’re saving as much money as possible on the coverage you need. If you want to switch providers, we’ll even help with the phone calls and paperwork—that way, you can focus on getting out on your boat and enjoying life on the water!”
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Emily Maracle
Answered on Sep 01, 2021
Emily Maracle is a car insurance specialist living in New York. Originally from the Pacific Northwest, she has a degree in English Literature and a background in customer service. She enjoys cooking, gardening, and living sustainably. In the future, she can't wait to upgrade to a hybrid or electric car.
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