If you’ve purchased watercraft to enjoy the many public waterways in Allen, TX, it is important to know what the state requires regarding registration and insurance.

Registration

Whether your boat is actively out and about, docked, or moored on public waterways in Texas, state law requires the watercraft to be registered. 

Motorized boats, sailboats, and boats equipped with a trolling motor are among the watercraft that require registration. The length of a motorized boat requiring registration is not limited. Sailboats less than 14 feet do not require a registration card. 

Other types of watercraft that do not require a registration card include rowboats, paddle boats, canoes, kayaks, dingies, and inflatable rubber boats. 

Insurance Options

In the State of Texas, there are no laws requiring boat owners to insure their boats. Although the state does not have a requirement, if you are financing the purchase of a boat, the financial institution providing the loan may require that the boat be insured. 

Ask about your homeowner’s policy and if it includes a limited amount to cover only damage to the boat. 

If the boat is in the expensive category, consider a separate boat policy that provides coverage. Policies may include replacement cost for repair or replacement, actual cash value for repair/replacement at the current market value, and an agreed-upon policy stipulating a set value for replacement or repair. 

Consider a separate policy for liability insurance in the event of an accident in which others may be injured and medical payments may be necessary. Liability coverage may also pay for damages experienced by others.

Contact Texas Independent Insurance

At Texas Independent Insurance, we serve Allen, TX, residents and their insurance needs. Contact us so one of our agents can answer any questions you may have about coverage for your specific type of watercraft.