Wednesday, June 12, 2024

Is Boat Insurance Required In Oklahoma

Oklahoma Boat Insurance Coverage

Why Do I Need Boat Insurance?
  • Bodily Injury Liability

    If you cause a boat accident and someone is injured, Bodily Injury coverage can help pay their medical bills and loss of income.

  • Property Damage Coverage

    Property damage liability will assist you in payments for damages to another persons boat or property.

  • Collision Coverage

    Collision coverage will pay for damage to your boat if you hit another vehicle or object, or another vehicle hits you. If you finance your boat, jet ski or yacht, Collision coverage may be required.

  • Comprehensive Coverage

    Comprehensive coverage can help pay for damage to your boat from vandalism, theft, weather events and accidents. Depending on your package, it may also protect custom boat parts and equipment.

  • Underinsured Motorist

    Underinsured motorist insurance will protect you from boaters who do not have enough insurance to cover the costs of an accident.

  • Uninsured Motorist

    Uninsured motorist insurance helps protect you and your boat from uninsured boaters and hit-and-run accidents.

  • Medical Bills

    Helps pay medical costs for you and your passengers in the event of a covered boating accident.

When Is Proof Of Insurance Required

Even though most states dont legally require you to carry boat insurance, other situations may require proof of insurance for your watercraft.

Docking your boat at a marina

If you plan on docking your boat at a marina, many will require you to show proof of insurance before signing the contract. That being so, make sure to read the fine print and understand the requirements before proceeding with any contractual agreement.

For example, marinas such as the Charleston City Marina in South Carolina and the Kemah Boardwalk Marina in Kemah, Texas require docked boats to have liability insurance of at least $300,000.

Marinas like Brickyard Cove in Pt. Richmond, CA require an endorsement on your policy as additional interest or additional insured to avoid claims of negligence.

Harbors will carry their own liability insurance so they can protect claims where they may be at fault.

Financing your boat purchase

If you have financed your boat, your bank may require you to carry boat insurance. If the bank is using the boat as collateral for the loan, they will require you to list them as payee for loss or damage of the boat.

Unlike home and auto coverage, some policies dont require you to carry year-round coverage. But if you have financed your boat, your lender will most likely ask you to carry coverage even when the boat is stored. Your vessel may still be exposed to risks, such as theft and storm damage, while in storage.

Choose The Right Oklahoma Boat Coverage For You

As is evident, it may not be practical to take up all of these coverages as it would be inefficient as well as expensive. Therefore, the better approach would be to understand the specific needs regarding the watercraft/ boat that you, the customer, would like to protect, and then selecting the most appropriate solution. With your watercraft or boat protected, you can then secure some peace of mind, whether you are enjoying its use, or have stored it away.

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Best For Professional Fishermen: Markel

  • No. of Policy Types: One custom policy
  • Coverage Limit: Contact for details
  • Price: $100+/year
  • Policies tailored to your boating needs

  • Free online quotes

  • Need to contact company for policy details

  • Website could be updated

  • Not as well-known as other providers

The Markel Corporation is a specialty insurance company that offers specialized coverage for boats. They have an A rating from A.M. Best and an A+ rating from the Better Business Bureau. The company has been in business since 1930 and offers comprehensive boat insurance policies for boats and personal watercraft . The Markel policy has an option to add coverage if youre a professional fisherman which provides replacement cost coverage for a preset agreed upon value of fishing equipment. Several discounts are available including an accident-free discount, operator over age 40 discount, and an experienced boater discount for boaters who have five years or more of boating experience. If you happen to qualify for all of the discounts available through Markel, you could save up to 35% on your boat insurance premium. Extra features also come standard without having to pay an additional premium.

Oklahoma Boat Registration Instructions

Is Boat Insurance Required In Florida

Oklahoma Trailer Lighting Laws . On every trailer or semitrailer with a GVWR over 3,000 lbs., there must be the following equipment: on the front, 2 clearance lamps, with 1 on each side on each side, 2 side marker lamps and 2 reflectors, with 1 each at the front and the rear and on the rear, 2 clearance lamps and 2 reflectors, with 1 each at either side.

Unlike with car insurance, boat insurance is not required in the majority of states. In fact, as of this writing, only two states have clear boat insurance requirements. Even though you arent required to have boat insurance, it is highly recommended.

Boat insurance is a specialty, and like most specialty insurance programs, we do business directly with you, the boat owner, and with insurance agents. There is no change in the premium or any additional cost to you. Many insurance agents are not always up to date on the boat insurance market and will be thankful for the suggestion.

The Oklahoma Cooperation Commission regulates the fees a wrecker service can change on nonconsensual tows. OCC Transportation Division. The Department of Public Safety is in charge of seeing the wrecker services have the proper amount of insurance coverage, vehicle equipment, and meet wrecker service storage facility requirements.

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Best Boat Insurance Providers Of 2021

Boat & Watercraft Insurance

CPC Insurance can help make your time on the water relaxed and worry-free. We will find you comprehensive protection that protects you, your friends and family, your watercraft and your boating equipment. The average boat costs less than a dollar a day to insure. Youâll enjoy being on the water even more when you arenât worried about your safety, the safety of your passengers, or your investment.

Do you know what to look for in an Oklahoma City watercraft insurance policy? CPC Insurance can help you determine the right amount of coverage to meet your specific needs. Just contact us today to get started.

Here are some items youâll need to consider when shopping for Oklahoma City boat insurance.

Every need is unique â contact us today to find out how to get the best boat insurance coverage for you.

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Penalties For Failure To Carry Oklahoma Auto Insurance

You are required by law to carry proof of Oklahoma car insurance in your car and show it if a law enforcement officer asks to see it. Failure to do so can result in severe penalties. The fine for a first offense is $250 and a $275 license reinstatement fee. Maximum penalties can also include a 30-day jail sentence.

Under a new law that took effect in 2013, law enforcement officers can seize your license plates and assign you temporary plates and liability insurance, which is effect for 10 days. They also have the option of impounding your vehicle. The cost of the temporary coverage is added to the administrative fee and any fines you must pay to have your plates returned. If your car was impounded, you will also be charged for towing and storage fees.

Best For Additional Coverage Options: Foremost

Auto Insurance Center Agency | Oklahoma City


  • No. of Policy Types: 3
  • Coverage Limit: Varies

Foremost offers various boat insurance packages with unique add-ons including trip interruption services.

  • Unique add ons like onboard pet coverage

  • Trailer coverage

  • Contact agent for specific coverage maximums

  • Website could give more details

Foremost is a part of the Farmers Insurance Group of companies. It is a specialty insurance company that has been in business since 1952, and it’s known for providing affordable coverage for boat insurance in all 50 U.S. states. Foremost offers some unique coverage options for an additional premium, including hurricane haul-out, enhanced towing services, fishing tournament fee reimbursement, additional pollution liability coverage, pet coverage and trip interruption service.

There are several discounts available through Foremost that are designed to save you money on your premium. This includes a lay-up discount, paid-in-full discount, boating safety course, protective device discount, multi-policy discount, multi-unit discount, loss-free renewal discount, prior insurance, insured age , and affinity and alliance discounts for boat operators who are a part of an approved affinity group or alliance organization. Coverage is also available for classic boats over 25 years old.

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Which States Require A Boat License

According to the United States Coast Guard and the U.S. Department of Homeland Security, the second most common boating accident is due to inexperience. This has led to 480 boating accidents in 2016 alone.

Boating is far less regulated than operating a motor vehicle such as a car. Only a handful of states require you to have an actual boating license, including:

  • Alabama
  • Georgia
  • Mississippi

However, even though most states dont require a license, they may still have other requirements.

Brad Goldberry, Agency Producer with Farmers Insurance says, State licensing differs from state to state, but many states require some kind of personal boating license or course.

Before you head out on the water, make sure you review your states requirements. Its always better to be safe than sorry.

Do I Need Boat Insurance In Oklahoma

Boats in Oklahoma are not required to be insured however, it is recommended.

Boats in Oklahoma are required to correctly display their registration number and validations stickers.

Registration numbers and stickers must be displayed as follows:

  • Numbers must be applied as a decal, painted or permanently affixed to both sides of the bow .
  • The registration number must be in bold block letters that are at least 3 inches high, 1.5 inches in stroke width and in a color that contrasts with the color of the boat.
  • The numbers must be separated from the letters by a hyphen or by an equivalent space.
  • The numbers must be read from left to right on both sides of the boat.
  • Validation decals must be affixed on both sides of the boat behind and in line with the registration number.

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We Specialize In Boat Insurance In Oklahoma

Boats and personal watercraft are big investments, but if you love being out on the water, you know theyre worth it.

So protect your fun investment with coverage thats designed with the boat lover in mind, not with some standard coverage or add-on to your Homeowners Insurance.

Oklahoma Insurance Group can help make your time on the water relaxed and worry-free. We will find you comprehensive insurance protection that protects you, your friends, family, your watercraft, and your boating equipment.

The average boat policy costs less than a dollar a day. Youll enjoy being on the water even more when you arent worried about your safety, the safety of your passengers, or your investment.

Do you know what to look for in a Boat Insurance policy? Oklahoma Insurance Group can help you determine the right amount of coverage to meet your specific needs. Just contact us today to get started.

Best For Additional Benefits: Boatus

Boat Insurance: Is Boat Insurance Required In Texas


  • No. of Policy Types: 3
  • Coverage Limit: Varies

BoatUS offers boat insurance as well as towing services and additional discounts on boat charters and services.

  • Coverage for fishing and watersports gear

  • Teamed up with Geico

  • Overload of boating services on site

BoatUS offers boat insurance through the Boat Owners Association of the United States and was acquired by GEICO in 2015. The company has been in business since 1966, resulting in a mix of online customer reviews. But a great majority are positive, especially in the area of claims service. BoatUS offers boat policies in all 50 states for many different types of personal watercraft and yachts.

While membership is not required to get a quote, added benefits for BoatUS members include discounts on popular boating and fishing businesses, fuel, slips, and charter cruises. The basic membership fee is relatively inexpensive at $25/year and goes up to an Unlimited Gold Towing membership for $179 that comes with perks like 100% payment dock-to-dock tows as well as $3,000 for tows outside of TowBoatUS service area. Other membership packages include Unlimited Freshwater Towing for $90/year and Unlimited Saltwater Towing for $165/year.

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Oklahoma Boat Coverages Available

We have knowledgeable agents who can assist you in determining the best coverage for your needs and given your circumstances. Some of the coverages we offer include:

· Property Damage this covers any damage to other peoples property that may happen during the operation of your watercraft

· Personal Liability this coverage exempts you or your family member from any responsibility of injuries inflicted to another party during an accident

· Liability Coverage offers assistance in case you are involved in a crash with another boat, dock or fellow boaters

· Physical Damage Coverage this coverage ensures your boat is safe while being transported and in storage. Further, it ensures that your boat is protected when on land from lightning, theft, fire or vandalism. It also enables you recover any incurred expenses from towing, labor or supplies through the emergency service reimbursement and

· Medical Payments this covers all medical expenses in the event you or anyone in your boat is injured after an accident.

Best For Emergency Services Coverage: State Farm

State Farm

  • No. of Policy Types: 1
  • Coverage Limit: Varies

State Farm is a well-known insurance provider that offers additional coverages including emergency services reimbursement.

  • Coverage for houseboats and jet-skis

  • No online quotes for boat insurance

  • Website needs more detailed information

  • Need to contact agent for policy details

In business since 1922, State Farm is one of the best-known names in insurance in the United States. They offer boat liability and property damage insurance for common risks like storms, collision, theft, and more, with add-on coverage options available . Their property damage coverage extends protection not only to equipment permanently attached to your boat but also to accessories such as detachable canopies, life preservers, and seat cushions. State Farm has resources available for boat owners including articles on boat trailer safety tips, boat safety, and water safety. Boat insurance is available for a multitude of watercraft: runabout/sport boats, cruisers/yachts, sailboats, bass boats, jet skis, houseboats, and kayak/canoes.

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What Are The Boating Laws In Oklahoma

Oklahoma Boating Laws

The Oklahoma Highway Patrol currently has a mandatory boater education requirement that requires any person who is 12, 13, 14 or 15 years of age that operates any boat powered by a motor more than 10 horsepower, a sailboat 16 feet or greater in length or a personal watercraft to successfully complete a boating

Secondly, do you have to carry insurance on a boat in Oklahoma? While the state of Oklahoma does not mandate boat insurance, it does set forth several stipulations before you can legally operate your vessel. Even though you are not required to carry boat insurance, one accident can beach your boating dreams.

Also Know, do you have to have a license to drive a boat in Oklahoma?

Oklahoma law requires all motorized boat and PWC operators who are 12 to 15 years old and will be operating a vessel over 10 hp to pass a boater safety course and to carry a boater education card.

Can you have alcohol on a boat in Oklahoma?

It is illegal to operate or be in actual physical control of any vessel while under the influence of alcohol, drugs, or other intoxicating substances. Alcohol and drugs cause impaired balance, blurred vision, poor coordination, impaired judgment, and slower reaction times.

Best For Safe Boat Drivers: Progressive



Progressive offers a variety of comprehensive boat insurance policies and offers discounts for safe boat drivers.

  • Need to contact for pricing

  • New boaters may be overwhelmed with choices

  • Dont insure houseboats

Progressive Insurance is well-known throughout the United States and has an excellent reputation for providing comprehensive coverage at competitive prices. Progressive has been writing boat policies for over 35 years and now insures more than one million watercraft. You can buy a boat policy for several types of personal watercraft vessels up to 50 feet long and up to $500,000 in value.

There are several attractive discounts to reward safe boat owners, including a decreasing deductible, in which your policy deductible will decrease for each policy period you remain accident-free, and a safety course discount for anyone who completes a state-approved safety course. New policyholders will enjoy small accident forgiveness for claims of $500 or less, while customers who have insured their watercraft through Progressive for at least four years and been accident-free for the past three years are awarded large accident forgiveness that ensures no increase in rates for any accident.

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Oklahoma Boating Rules And Regulations

Specific boating regulations are developed for Oklahoma residents. These boat requirements are developed to help boaters navigate waterways safely. This way, boaters, passengers, swimmers and wildlife are protected from negligent behavior.

Natural waterways, lakes and rivers are protected when boaters are respectful of their surroundings while operating water vessels. The following boat requirements are established in OK:

  • All passengers of motorized watercrafts must wear Coast Guard approved lifejackets.
  • Every boat owned in the state must be registered with the Department of Safety.
  • Proper lighting is required for boats operated between sunset and sunrise.
  • Whistles and bells are required for boats above certain lengths.

Additional boating rules are found in the official state boaters guide.

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