Description: Sail Away with Us
Sail Away with Us
There’s nothing quite like the sense of freedom that comes from owning a boat, but it comes with its unique responsibilities as well. Before you take your sailboat out for a cruise on Lake Michigan , you should understand your potential liabilities. Whether or not you’re required by law to purchase insurance for your boat depends on your circumstances, but everyone should take out a policy to protect their financial and personal interests regardless of their situation.
Despite universal statewide laws regarding insurance on cars, Michigan’s regulations for boat owners aren’t stringent. Anyone who owns a sailboat needs to register their watercraft on a semi-regular basis, but it’s an affordable and simple process. Registration decals cost a mere nine dollars and only need to be renewed once every three years. Michigan does not require your sailboat to be insured to take it out on open waters.