North Carolina’s lakes, rivers, and coastline make it a paradise for boaters and jet ski enthusiasts. But before you launch your vessel, it’s important to understand the insurance and registration rules that apply in the Tar Heel State.
Is Boat or Jet Ski Insurance Required in North Carolina?
North Carolina law does not require boat or jet ski owners to carry insurance. You can legally operate your watercraft without a policy. However, there are important exceptions:
- If you finance your boat or jet ski, your lender will almost always require you to carry comprehensive and collision coverage to protect their investment.
- Many marinas and storage facilities require proof of liability insurance before allowing you to dock or store your vessel.
Even if you own your boat outright, insurance is highly recommended to protect your investment and shield yourself from costly liability in the event of an accident.
Recommended Insurance Coverages
Here are the main types of coverage to consider for your boat or jet ski in North Carolina:
- Liability Insurance: Covers injuries or property damage you cause to others while operating your vessel. This is the most important coverage, especially if you operate in busy waters or tow water skiers.
- Collision Coverage: Pays for repairs if your watercraft is damaged in a collision with another boat, dock, or object.
- Comprehensive Coverage: Protects against theft, vandalism, fire, weather events, and other non-collision incidents.
- Uninsured/Underinsured Boater: Helps cover your costs if you’re in an accident with someone who doesn’t have insurance.
- Medical Payments: Covers medical expenses for you and your passengers after an accident, regardless of fault.
- On-Water Towing and Assistance: Pays for towing or emergency help if your vessel breaks down on the water.
- Personal Effects and Fishing Equipment: Some policies offer protection for your gear if it’s lost or stolen while on board.
How Much Does Boat Insurance Cost in North Carolina?
The average annual cost for a boat insurance policy in North Carolina is around $409, but liability-only policies can start as low as $100 per year. Your rate will depend on factors like the type of watercraft, horsepower, boating experience, and claims history.
Ways to Save on Boat Insurance
- Bundle with auto or home insurance for a multi-policy discount.
- Complete a boating safety course for a safety discount.
- Pay your premium in full or maintain a clean boating record for additional savings.
Registration and Legal Requirements
While boat insurance isn’t required, registration is mandatory for most boats and jet skis in North Carolina:
- All motorized vessels, including jet skis, must be registered with the North Carolina Wildlife Resources Commission.
- Sailboats longer than 14 feet must also be registered.
- Registration is valid for one or three years, and you’ll receive a certificate and decals that must be displayed on your vessel.
- Exemptions include non-motorized rowboats, canoes, kayaks, and vessels used only on private ponds.
Why Insurance Is a Smart Choice
Even though it’s not legally required, boat and jet ski insurance protects you from financial loss due to accidents, theft, storms, or injuries. North Carolina’s weather can be unpredictable, and crowded waterways increase the risk of collisions. Insurance gives you peace of mind so you can enjoy your time on the water without worry.
Summary Table: North Carolina Boater & Jet Ski Owner Requirements
| Requirement | Mandatory? | Notes |
| Insurance | No | Recommended; may be required by the lender or marina |
| Registration | Yes | Required for all motorized vessels and sailboats >14 feet |
| Boating Safety Course | Not required by law | May qualify you for insurance discounts |
| Operator’s License | No | Not required, but safe boating is encouraged |
Have more questions about choosing the right coverage or how to register your vessel in North Carolina? Let Tom Needham Insurance help you navigate the process!
Learn more about Tom Needham Insurance Agency in Greensboro, NC.