Boat/Watercraft Insurance in New Jersey

Is Boating Insurance Coverage Required?

In the state of New Jersey, it is not required to have boating insurance, so there is no minimum coverage that you must have. However, it is a good idea to protect your investment in the event of a natural disaster, like many learned after Hurricane Sandy. Since it is not required, there are decisions to make about what type of coverage you should have. Make sure you contact an agent at Insurance Concierge, which serves the Linden, NJ area, to learn about what coverage plans are available.

Why Should You Have Boating and Watercraft Insurance?

Even if it’s not required in New Jersey, insurance is necessary to protect your investment, or if you are involved in a boating accident.

  • Ask yourself if you could afford to replace your boat if you get into an accident or it’s lost due to fire or theft.
  • Do you have resources available to pay for medical bills of those injured if you are involved in an accident?
  • Could you handle the cost of a lawsuit if you are sued for injury or property damage?

Types of Boating and Watercraft Coverage

Depending on the kind of boat you have and safety equipment on board you may want to consider these types of policies:

  • Liability Insurance - Covers bodily injury and property damage if you cause an accident.
  • Collision Coverage - Pays for repairs on your boat after an accident.
  • Comprehensive Coverage – Covers costs if you have your boat damaged by a severe storm or something other than an accident.
  • Medical Payments - Pays for medical bills for you and passengers.
  • Towing and Wreckage Removal – Coverage if your boat becomes disabled and needs to be removed from the water.
  • Pollution Clean Up – Covers you if you have to deal with a fuel spill.

Visit or contact Insurance Concierge, serving Linden, NJ, to find a boat and watercraft policy that will suit your needs and protect your property. Our agents are here to answer your questions and address your concerns.