Whether you have a fishing boat, a runabout or a yacht, boat insurance protects your vessel on water and dry land. It also shields your finances if you're held liable for an accident or fuel spill.

How Much Is Boat Insurance? When it comes to owning a boat, there are several more financial considerations than just looking at used and new boat prices and picking one that falls into your budget.

Unlike car insurance, boat insurance isn’t legally required in most states — including Florida. Still, it may be wise to insure your watercraft against common perils such as theft and storms. Moreover ...