The State of New York does not require you to purchase boaters insurance in order to register a newly purchased boat. However, obtaining boat insurance for your craft is a good idea in the event it is involved in an accident. Having insurance for your boat is an investment - one we hope you will never have to use, but in the event something out of ordinary does happen, boat insurance will protect you and your assets.
Even though New York doesn't require boat insurance, the marina where you want to dock your boat might. Also, if you ever needed to use your boat as collateral for a loan, it will have to be insured. Having boat insurance in case something you never expected to happen suddenly happens, such as an accident where one or more boaters are injured or die, can make the difference between financial ruin or a sigh of relief that, thankfully, you can cover the damages. Purchasing boat insurance from a trusted, reputable insurance agent who services the Ballston Spa NY area is the first place to start after purchasing your boat, even before you register it, although you are not legally required to do so. We hope you give it a name before contacting us! We always love to learn the names of the watercraft we insure.
At Zapp Insurance Agency, LLC we insure boaters in the Ballston Spa NY area every day. With lakes and rivers nearby, Ballston is a boater's dream and Zapp Insurance Agency will help you responsibly invest in the future of this dream with an affordable boat insurance policy. To speak with a friendly insurance agent, call us today or stop in the next time you are in the area. No appointment necessary. One of our friendly staff will educate you on our different policies - after looking at pictures of the beautiful boat, of course