Do You Need Insurance for a Jet Ski?

Most people think of insurance for cars and trucks, but you also need a policy for many watercraft types.

Boats generally require an insurance policy to operate them legally, but do you need insurance for a jet ski? The answer may surprise you.

Before taking your jet ski out for an adventure, here's what to consider.

What is a PWC?

A PWC, or personal watercraft, is essentially another name for a jet ski.

It's not a "boat" and is typically used by standing, sitting, or kneeling on it as you move it through the water. Because a personal watercraft is lightweight and small, it can have different legal requirements than other types of vessels. 

Is Insurance Legally Required for Jet Skis?

Some states and countries require insurance for jet skis, while others don't. So, the best way to ensure you comply with local laws is to check them before you head out on the water. This is especially important if you're new to or traveling through an area where you plan to use your jet ski since you might not know the jet ski insurance laws in that location.

The legal requirements for personal watercraft insurance are frequently based on whether you're operating your jet ski in public or private waters. Make sure you know how a waterway is classified so you aren't risking legal trouble.

Should You Get Insurance (Even If It's Not Required)?

Even in places where PWC insurance coverage isn't needed, having an insurance policy for your jet ski is still a good idea.

Why? Because jet skis can be expensive to repair or replace. Insurance can help protect you financially.

You also want to consider the legal or medical expenses of an accident. If you don't have at least liability coverage, you may be sued for an accident or have to pay medical costs out of pocket for anyone injured in an accident involving your PWC.

You can avoid financial stress and unforeseen problems through the peace of mind offered by insurance.

What Does Jet Ski Insurance Cover?

Most jet ski insurance includes liability protection, which covers damage to other people's property or injuries to other people. You can also get comprehensive and collision coverage, just like you can for a vehicle. 

• Comprehensive coverage protects against vandalism, theft, and weather-related damage.
• Collision covers the repair or replacement of your jet ski.

You might also want to consider uninsured/underinsured boater coverage, which will protect you from other operators who don't have insurance.

Real-World Scenarios Where Insurance Matters

Accidents involving other watercraft or swimmers can be medically devastating and very expensive. You could also experience damage from natural events like hurricanes, storms, or even theft or vandalism when your jet ski is stored while not in use.

Insurance will protect your interests in these scenarios and many more.

How Much Does Jet Ski Insurance Cost?

Several factors influence the cost of personal watercraft insurance. These include the value of the jet ski, your experience level, your location, and the coverage limits you choose.

Most PWC insurance coverage costs between $100 and $500 per year on average. Progressive Insurance offers an easy way to get a quote for your jet ski so you can budget for the insurance you need.

Combining jet ski insurance with auto, home, or boat policies may result in significant discounts. Streamlining your coverage under one provider is also more convenient when paying premiums or filing claims. 

How to Reduce Insurance Costs

You can reduce your insurance costs in several ways while protecting your personal watercraft.

For example, you could complete a boating safety course to qualify for discounts. Additionally, install safety and anti-theft devices on your jet ski and maintain a clean driving record on the water.

When you take personal watercraft safety seriously, most insurance companies will work with you on lower rates. 

What Are the Risks of Going Without Insurance?

Don't take the risk of going without insurance. Out-of-pocket expenses for accidents, injuries, or theft could be more than you can pay, and there will also be legal consequences if insurance is required in your area.

If you cause an accident, you'll likely have financial liability for injuries or damages caused to others, which could have a profound negative impact on your financial future. 

Tips for Choosing Jet Ski Insurance

Choosing the right insurance policy can give you excellent protection, peace of mind, and a fair price for your coverage. To find the best policy for your needs:

• Compare policies from multiple providers.
• Check for exclusions since policies may not cover activities like racing or towing.
• Understand the deductible and ensure it's affordable for you.
• Look for additional benefits like roadside assistance or trailer coverage. 

There are many different coverage options. While most people ask, "Do you need insurance for a jet ski?" the better question may be, "Which insurance policy is best for your jet ski?"

Is Jet Ski Insurance Worth It?

Evaluate your personal needs and risks to determine whether jet ski insurance is worth it in your specific situation. If insurance is required by your state, make sure you have coverage.

However, even in locations where it's not required by law, insurance can offer you essential and valuable protection. Explore your options to make an informed decision to protect yourself and others on the water. 

Do You Need Insurance for a Jet Ski? Learn More with Boat-Ed.

So, do you need insurance for a jet ski? Whether it's legally required by your state (or not), PWC insurance can be a smart idea.

It's also smart to take a boating education course before hitting the water on your jet ski! Not only could you qualify for insurance discounts, but you'll also know how to operate your PWC safely on the waterways

Boat-Ed makes it easy and fun to learn about boat safety through our online courses. Plus, completing a course meets your state's requirements for boating education to hit the waters legally and safely.

So, before you take your jet ski out for the upcoming season, make sure it's insured and take the Boat-Ed course for your state! You'll be ready to enjoy your PWC with peace of mind.