do i need watercraft insurance 
only a few states make it mandatory for boat owners to obtain watercraft insurance however many owners will opt to purchase it regardless partly because doing so is required in order to obtain a boat loan marinas may also require owners to have watercraft insurance as a condition within their rental agreements 7even if your craft isn t worth much money obtaining watercraft insurance is a good idea because of the risk of injury on the water especially from a collision even if you aren t at fault you could spend a lot of money in legal fees defending yourself much more than your insurance premiums if you do decide to purchase this insurance make a point of comparing policies from multiple companies before deciding on which is best for you as with all insurance the question is what price you put on having peace of mind 7