Is Boat Insurance for Older Boats Required in Texas?

If you own a boat in Texas, you may wonder whether boat insurance is required, especially if you own an older vessel. While Texas law doesn’t mandate boat insurance for all boat owners, adequate coverage is still recommended to help protect your investment and provide financial security in case of an accident or unexpected loss. 

Understanding Boat Insurance Requirements in Texas

While boat insurance is not required by state law, if you finance your boat through a lender, they may require you to carry it as a loan condition. Marinas and yacht clubs may also require proof of insurance before allowing you to dock your boat.

Even if boat insurance isn’t required, it’s still a wise investment for Texas boat owners, especially those with older vessels. 

Does Boat Insurance Cover Storm Damage?

Boat insurance can help cover storm damage, including damage caused by wind, hail, lightning and heavy rain. However, the extent of coverage varies depending on the specific policy and any applicable deductibles or exclusions. Review your policy carefully and understand the terms and limitations regarding storm damage coverage.

Contact Us

If you own an older boat, you may be concerned about finding affordable insurance coverage that meets your needs. Fortunately, many insurance companies offer coverage options specifically tailored to older boats, considering factors such as the age, condition and value of your vessel.

Contact Insurance Discounters of Texas in Tomball, Texas, for a personalized boat insurance quote.