Florida boat owners aren’t required to buy insurance or obtain licenses in order to operate their boats. However, you will typically be required to register and title your boat with the state of Florida, and carry certain safety equipment onboard your vessel. Though boat insurance isn’t mandated by Florida law, you may still be required to purchase a policy if your boat is financed. We also recommend you consider coverage, given Florida’s busy waterways, the state’s hurricane and storm risk, and the high potential cost of damages.
A boat insurance policy can provide coverage for:
- Damages to the vessel or your personal property, which are subject to a deductible. Coverage is in place whether damage was sustained on the water or in a trailer.
- Liability coverage in case of damages to others.
- Medical payments coverage in case you, or a guest, sustain any injuries.
- Uninsured boat owners coverage, in case you’re injured or your boat is damaged by another vessel that is not insured.
- Towing coverage in case you’re stranded and need to be towed to a port.
We have many carriers to choose from and can insure everything from a wave runner to a transatlantic yacht. Given the unique character of boat policies it makes sense to review the coverage line by line in order to make sure your covered for the correct amount. We insure waverunners/jet ski’s as well and the same rules apply.