Is boat insurance required in Florida?

Is boat insurance required in Florida?

Boat insurance in Florida is definitely a must have. Just like your vehicle, you will need the same protections for your boat while out on the water. Let’s face it, anything can happen on the water. Therefore you will want to be protected against accidents. While obtaining coverage isn’t required by law, you could still be required to purchase a policy if you have a lien. Florida has such busy waterways it’s simply crazy not to be covered.

Getting proper coverage is quite easy. All you need is a Florida boat insurance quote to get started. Quotes can help you shop and compare different rates before settling on a company. How much you pay for coverage can vary due to certain factors. For instance if you are a FL resident vs not a full time resident. Next, the likelihood of boat theft is considered. Theft is more common in certain areas of Florida, such as South Florida. If you don’t regularly use or keep an eye on your boat, you can expect higher rates.

You can find Florida boat insurance that fits your budget. In order to do so, you will need to follow a variety of methods. First, consider having a higher deductible but make sure you can still afford it. Next, if you are currently looking to buy a boat, always consider a newer one. This can ensure lower rates. You can also qualify for discounts too. One of the most common discounts is achieved by taking a boating safety course. Finally, if you don’t plan on using your boat year round be sure to consider letting your agent know you’re storing your boat.

Always be aware of FL boating laws

You do not need a boating license in the Sunshine State. However if you were born after 1988, you will need to take a boating safety course and have an identification card proving you passed the course. This is necessary to operate a boat over 10 horsepower. This ID is valid for life.

Florida law will also require you to carry certain equipment on your boat. This is typically what you will need:

  • Fire Extinguisher
  • Lighting equipment
  • Ventilation system

It doesn’t take much to get started with FL boating insurance. Take the plunge and purchase a policy. You do not want to be left with zero coverage. You risk financial ruin. Why purchase a boat and risk it? Collect Florida boating insurance quotes today and get covered.