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Pennsylvania law doesn't mandate boat insurance for boaters. However, some marinas won't allow you to dock unless you provide proof of insurance. If you choose to finance your boat, you might be required to carry a specific amount of coverage until your loan is paid off.
Wreckage removal and fuel spill coverages are automatically included in every Progressive boat insurance policy. If your boat sinks or you're responsible for a fuel spill, we cover the bills all the way up to your policy's property damage liability limits. We only remove your sunken boat if it's legally required.
Only a title owner of the boat can purchase a boat insurance policy. If the boat is not insured in the name of the title owner then no coverage is on the boat.
Boat insurance isn't mandated by law in the state of New Jersey. However, you may want to consider a boat insurance policy before you take your boat or personal watercraft out on the water. While the boating season in the Garden State may be short, the list of available coverages is quite long.
If your company relies on the transit of goods by sea, air, land, or rail, you could face significant financial loss if your goods are damaged or lost whilst in transit. If your business regularly sends or receives goods, then you should seriously consider an Annual Marine Cargo Insurance policy.