Boat/Watercraft Insurance in Arizona

If you’re a boat owner or like to rent a pontoon on the weekends to enjoy the numerous lakes in Arizona, you may be wondering if you need insurance for your watercraft. In short, Arizona does not require boat owners to have insurance. However, a watercraft is an expensive investment that you may want to protect with an insurance policy.

Boat Insurance in Arizona

When you have insurance, it protects your watercraft from unexpected damage. Whether it’s hitting an underwater object or colliding with another boat, an insurance policy protects your investment.

Aside from physical damage to your boat, there is also the risk of someone getting injured while they’re on your boat. In this instance, a liability policy would help pay some of the cost of a person’s injury if it’s determined the accident was your fault.

If your passenger loses wages or has expensive medical bills because of the accident, a liability policy would help reimburse some of those costs. Liability insurance helps minimize some of the out-of-pocket expenses you may incur.

It would be best if you also considered a property damage liability policy. If you’re in an accident and damage another boat, or your boat causes damage while it’s docked, this coverage helps pay for some of the repair or replacement costs.

Since Arizona doesn’t require boat insurance, many people who own watercraft in the state don’t carry a policy. For this reason, you may want to consider an uninsured boaters policy, especially if you spend a lot of time on the water.

Inexperienced boaters are sometimes involved in dangerous activities on the water — and in many cases, they’re easily distracted. An uninsured policy for your watercraft would protect your boat, yourself, and your passengers from the reckless activities of other boaters.

Learn more about the benefits of insuring your boat or watercraft in Mesa, AZ, by contacting our team at the Morrow Insurance Agency today.