Before you head out to the open waters, you might want to double check the state of your insurance. Boating insurance is exceptionally important for anyone who is going to be on a watercraft -- and that includes small single-rider vessels and vessels that are only being used in lakes.

Boating Insurance Covers More Than Just Boats

Boating insurance is designed to cover small watercraft, which includes jet skis and other similar devices. When you're boating, it's always possible that you can get into an accident -- no matter how small your watercraft is. This can be especially true in a lake, where there isn't much room to maneuver. In general, if it's something that you're going to use around water, you need boating and watercraft insurance.

Boating Insurance Covers a Variety of Liabilities

You may think that your boat doesn't have enough value to insure, but that's not all boating insurance does. Like car insurance, boating insurance also covers you in the event that you collide with another boat, damaging it -- and that other boat can be expensive. But more importantly, boating insurance covers you for any injury that occurs on your watercraft and injuries that occur due to a collision. If someone gets on your boat and slips and falls, that's covered under boating insurance. Otherwise you could find yourself liable for some substantial medical bills.

Boating Insurance Is Required In Many Situations

Boating insurance can also be required depending on where you're going to boat. Marinas, for instance, often require some level of boating insurance -- and there are some lakes and other areas that require minimal levels of insurance as well. Some states also require that you have liability coverage at least for your boat, so you'll need to check to make sure that you aren't violating any laws by not having it. But, in general, even if it's not strictly illegal to have boating insurance, it's always a good idea. If boating insurance is required and you don't have it, you're likely to be subjected to fines and penalties.

One of the best ways to save on boating insurance is to bundle it with your other insurance policies. Contact Value Plus Insurance today to discuss your current insurance needs and what we can do to help.