Regardless of the type of boat you have, you should have insurance.  Whether you have a kayak, a sailboat or a yacht, your insurance policy should cover you against liability, property damage and injury.

The U.S. Coast Guard statistics demonstrate that the incidence of boating accidents and property damage has increased as the number of boating enthusiasts has increased. 

Many boaters do not take lessons or training.  If your boat is stored at a marina, you are probably required to carry insurance. 

But, even if you are NOT required to carry a policy, you SHOULD carry one.  It will protect you against injury, property damage, liability and litigation if you injure someone else.

Boat insurance is similar to automobile insurance. 

However, like every other vehicle, there are special features and considerations in a boating insurance policy, so if you talk to an agent that specializes in this kind of insurance you can ensure that you will get the discounts and coverage you need.

Look for a policy that protects you against:

Ø      Theft

Ø      Liability

Ø      Property and physical damage

Ø      Fire

Ø      Medical payments

Ø      Personal belongings stored on board

Ø      Accessories (boat covers, heaters, A/C, docking fenders, electronics, radios, etc.)

Ø      Trailer and motor coverage

Understand the discounts that may apply if you have:

Ø      Fire extinguishers

Ø      Anti-theft devices or burglar alarms

Ø      Ship to shore radio

Ø      Training and/or education in boat handling and emergencies

Ø      Life vests, dinghies, etc.

Emergency medical gear, first aid kits, etc.