Liability Coverage for Boaters in Arkansas: What You Need to Know

Many boaters may not realize the financial risks of operating a watercraft without adequate insurance. Accidents on the water can happen quickly, and the costs associated with liability claims can be substantial. Having the right coverage can help you avoid potentially devastating financial and legal consequences.

What Boater Liability Coverage Includes

Liability coverage, one of the key components of watercraft and boat insurance policies, is intended to offer financial support for bodily injury or property damage you cause to others while operating your boat. In the event of a collision, this coverage can help manage the costs of legal fees, medical bills for injured parties and repair costs for other vessels or structures like docks.

Is Liability Coverage Required?

Arkansas is one of only a few states that, in certain situations, require boat liability insurance by law. If you own a motorboat or personal watercraft powered by an engine of more than 50 horsepower, you are required to carry a boat insurance policy providing at least the state-required minimum liability coverage. Proof of insurance must be kept on board and be available for inspection by an enforcement officer at any time while operating on public waters.

Factors That Influence Your Coverage

Your coverage needs depend on several factors, such as:

• Vessel type and size—A high-performance speedboat carries different risks than a pontoon or a fishing boat.
• Location—Where you dock and primarily operate your boat can influence your risk profile.
• Boating experience—Completing safety courses may give you access to more options.
• Intended use—Your insurance needs may also depend on whether you use your boat for casual cruising, water sports or fishing tournaments.

Get the Right Coverage

Farris Insurance can review your current policy, identify gaps and recommend options that fit your situation. Contact us today to learn more.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.