Getting Your Boat in the Water
Okay, you bought it. Now, what do you do?
Insurance
Whether the boat is new or used, make sure your insurance is in force before you accept legal responsibility for the boat. If you're not financing with the boat seller, this is especially important since the seller has no legal responsibility for the boat at the moment of sale.
Tips on getting adequate insurance: Boating Insurance--Protect your investment with the right coverage by Suzanne Finne of boats.com on discoverboating.com.
Registration
If you're buying from a registered boat dealer, the dealer may handle all registration issues with your state. Ask them specifically what registration items they do not handle.
Each state has different laws and requirements for various things about boats including age of operator, required safety equipment and trailer restrictions. In addition, the federal government has a minimum set of safety requirements for boats.
The following site details federal requirements: Federal Requirements and Safety Tips for Recreational Boats from U.S. Coast Guard.
Additional things to consider:
- Your boat trailer will need registering before you can use the trailer. Ask the seller if they can handle this registration/transfer.
- If your rig or any options on it are new, you will generally be responsible for registering individual items on your boat like radios and other "add-ons."
- National Insurance Crime Bureau gives tips and resources to prevent theft including a checklist. Select either resource from this page. You will need Adobe Acrobat Reader.
- Make a detailed list of each item on your boat covered by insurance, and take snapshots of each item, from the hull to the engine to the radio. Put this information in a safe place away from your boat.
On-the-Water Boat Towing Insurance
If you are planning to boat on any body of water bigger than a farm pond--lake, river, ocean--a boat towing insurance policy can be a boat owner's smartest purchase. These plans function like a highway service club for the water. Just like autos, boats do break down or experience difficulty. When that happens, marine towing or assistance can cost well over $100 per hour, and the clock starts ticking when the service boat leaves its dock. In addition to paying for towing, most insurance plans also offer other benefits. Here are three major insurance plans.
- Sea Tow is a marine assistance organization that provides unlimited service area towing, soft ungrounding, fuel delivery, jump starts, prop disentanglement service, and more. Membership costs $119 per year.
- BoatU.S. provides towing services through TowBoatU.S. BoatU.S. basic membership costs $19 per year and provides $50 per towing incident. An additional $105 provides unlimited towing service. You can also sign up for towing service levels of $150, $350, or $500 per incident. The towing service includes on-the-water towing, battery jumps, fuel deliveries, and soft ungroundings.
- Vessel Assist Association of America provides unlimited towing incidents, jump starts, fuel delivery, line disentanglements, and soft ungroundings. The towing distance covered varies by service option. It costs $10 a year to join the association with service options ranging from $105 to $180 (for big boats or personal coverage). Depending on the area, membership may be in BoatU.S. instead of Vessel Assist.
Trailer Towing
Have the appropriate towing kit installed on your towing vehicle. Make sure the kit is rated for a boat the size and weight of your vessel.
For tips on towing your boat safely, check out the following sites:
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Updated April 2005
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Digital Federal Credit Union 220 Donald Lynch Boulevard PO Box 9130 Marlborough, MA 01752-9130 508.263.6700 • 800.328.8797 |
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