You need boat insurance if you own a boat, it's
that simple.  Before you buy boat insurance, here
are some things you simply must know.

-  Many states now require that you carry watercraft
liability coverage.  What this coverage does, is
protect you against any damage that you cause to
other people or their property with your boat.  This
insurance will also cover you for vandalism, theft,
fire, stranding, sinking, and even collision.  You
should always call your insurance agent and see
what's required with your state and what policies
they cover.

-  There is also optional coverage that you should
really consider.  One type of coverage that you
should strongly consider is Wreckage Removal.  In
most areas, the removal of sunken or wrecked
boats is required by law, and the responsibility
of the owner to pay for the removal, which can
easily be very expensive.

Wreckage Removal coverage will pay these costs for
you.  You should also consider adding coverage
that will pay for repairs and mechanical failure
as well, along with towing charges - should you
ever need to be towed back to the shore.

-  Not all insurance companies cover everyone who
operates the boat.  This is something you should
always ask about, find out who is covered when
operating the boat.  There are several companies
that will only cover the owner of the boat.  Make
sure that the insurance agent defines who is
covered when operating the boat.