Do You Have To Have Boat Insurance In Tennessee?

30 Second Answer

No, you are not required to have boat insurance in Tennessee, but it is recommended.

No, you are not required by law to have insurance for your boat in Tennessee. However, it is highly recommended that you purchase an insurance policy.

There are a number of reasons why you should insure your boat, even though the law does not require it. For example, a policy can provide coverage for collision-related damages and property damage liability, as well as protection from vandalism, theft and non-collision-related damages.

In short, while you are not legally required to have insurance for your boat in Tennessee, it is definitely in your best interest to do so. There are a number of different policies available that can provide you with the coverage you need at a price you can afford.


Boat insurance is not required in Tennessee, but it is strongly recommended. If you are financing your boat, your lender will almost certainly require you to have insurance. Even if you are not required to have insurance, it is a good idea to protect yourself and your investment.

There are many different types of boat insurance policies available, and the amount of coverage you need will depend on a number of factors, including the type of boat you have, how often you use it, and where you keep it. A comprehensive policy will typically cover damage to your boat, damage caused by your boat to other boats or property, injuries sustained by people while on your boat, and more.

If you are considering purchasing a boat insurance policy, be sure to shop around and compare rates from different insurers. You can get a boat insurance quote online or from a local agent or broker.

What is Boat Insurance?

Boat insurance is protection for your vessel, motor and trailer against physical damage, bodily injury and sometimes pollution. Just as with auto insurance, you can purchase different levels of coverage, from basic to comprehensive. You can also purchase liability-only coverage, which protects you if you injure someone or damage their property while operating your boat.

What Does Boat Insurance Cover?

There is no mandatory boat insurance in Tennessee, but responsible boat owners understand the importance of protecting their investment with a good boating insurance policy. A good policy will cover most if not all of the following:

-The hull of your boat (up to The agreed upon value)
-Your boat’s motor (up to the agreed upon value)
-your boat trailer (up to The agreed upon value)
-Other equipment on your boat, such as fishing gear, oars, or anchors (up to The agreed upon value)
-your personal belongings on board your boat (up to The agreed upon value)
-Liability coverage in case you are sued for damages or injuries caused by your boat

Why Do You Need Boat Insurance?

Just as you insure your car or home, it’s also important to protect your boat with insurance. A boating accident can happen in the blink of an eye, and the results can be devastating. That’s why it’s so important to have the right coverage in place before you head out onto the water.

There are a number of different reasons why you might need boat insurance. For example, if you loan your boat to a friend and they have an accident, your policy can help to cover the costs of repairs or medical bills. Similarly, if your boat is damaged in a storm or collision, boat insurance can help to pay for the repairs.

In some cases, boat insurance is even required by law. For example, in Tennessee, all boats must be insured if they are operated on public waterways. So, whether you’re required to have coverage or not, there are many good reasons to purchase a policy.

When shopping for boat insurance, be sure to compare quotes from a few different companies to find the best rate. Also, make sure that you understand exactly what is covered by your policy before you purchase it. This will help you to avoid any unpleasant surprises down the road.

How Much Does Boat Insurance Cost?

There are a few different types of boat insurance, and the cost will depend on the type of coverage you choose. The most common type of insurance is liability coverage, which will protect you financially if you are responsible for damage to another person or their property. Liability coverage is usually required by law, and the cost will depend on the amount of coverage you choose. You may also want to purchase collision and comprehensive coverage, which will protect your boat in the event of an accident or damage not caused by collision. The cost of collision and comprehensive coverage will depend on the value of your boat.

How to Get Boat Insurance

Whether or not you are required to have boat insurance in Tennessee depends on a few different factors. The first is the size of your boat. If your boat is less than 16 feet long, you are not required to have insurance.

The second factor is whether or not you plan to use your boat for commercial purposes. If you are using your boat for business, you will need to have commercial boat insurance.

Finally, the third factor is whether or not you have a loan on your boat. If you have a loan, your lender will likely require you to have insurance.

If you decide that you do need boat insurance, there are a few things to keep in mind. First, make sure to shop around and compare rates from different companies. Insurance rates can vary significantly from one company to the next, so it’s important to find the best rate possible.

Second, make sure to read the fine print carefully before signing any policies. There may be some exclusions that you are not aware of, and it’s important to understand what is and is not covered by your policy.

Third, make sure to keep your policy up-to-date by renewing it every year and making any necessary changes (such as adding new boats or changing your address). This will ensure that you are always properly insured.

What Factors Affect the Cost of Boat Insurance?

There are multiple factors that affect the cost of boat insurance. These include, but are not limited to:
-The boat’s hull value
-The size of The boat
-The usage of The boat
-The boat’s age
-The engine size
-The boat’s length
-Whether or not you have a trailer
All of these factors will affect how much you pay for your boat insurance. In general, the newer and more expensive your boat is, the more your insurance will cost.

How to Save Money on Boat Insurance

If you live in Tennessee and want to purchase boat insurance, you may be wondering if it’s really worth the cost. After all, boats are expensive and insurance can be expensive, too.

Here are a few tips to help you save money on boat insurance in Tennessee:

-Shop around. Different insurers offer Different rates, so it’s important to compare rates from multiple companies before you decide which one is right for you.
-Ask about discounts. Many insurers offer discounts for things like being a safe driver or having a clean boating record. Ask about any discounts that might be available to you.
-Consider your deductible. a higher deductible will mean a lower premium, but make sure you can afford The deductible if you do have to file a claim.

By following these tips, you’ll be sure to get the best possible rate on your boat insurance in Tennessee.

The Bottom Line

Much like driving a car, if you have a boat in Tennessee, you’re required to have at least the minimum amount of boat insurance. Tennessee law requires that any boat operator carry at least $100,000 in bodily injury and property damage liability insurance. This coverage will pay for damages that you may cause to another person or their property while operating your vessel.


Q: Do you have to have boat insurance in Tennessee?
A: No, there is no legal requirement to have boat insurance in Tennessee. However, we recommend that all boat owners consider carrying insurance to protect their investment and themselves in case of an accident.

Kylie Mahar

Kylie Mahar is a financial guru who loves to help others save money. She writes for, and is always looking for new ways to help people make the most of their money. Kylie is passionate about helping others, and she firmly believes that financial security is one of the most important things in life.

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