Boat/Watercraft Insurance in Oregon

A boat can be a source of fun and adventure for everyone. Plus, most states font require you to carry insurance on it. The few that do require boat insurance usually only place this stipulation on boats that are fifty horsepower or more. However, Oregon does have some requirements when it comes to boat owners. You must have a certificate of title, validation decals, and an Oregon Certificate of Number as well. However, Oregon doesn't require boat owners to carry insurance.

It's Not Required But You Probably Need It

Let's face it, none of us likes to spend money if we don't have to. This is why many boat owners probably opt-out of insurance if it's not a requirement. However, you may want to reconsider this. Keep in mind, the fact that if anything happens to you or your boat and you are uninsured, you will more than likely be forced to foot the bill. This can be excruciating, even impossible if you don't have the money. Most people find that the cost of this insurance is well worth the protection it provides. Talk to W.B. Adams Company of Beaverton OR. They are fully invested in helping Oregon boat owners see the benefit and peace of mind that boat insurance can create.

The State Many Not Require It, But your Finance Company Does

There is one condition that would require you to carry boat insurance even if your state doesn't. If you are financing your boat through a loan, the loan company will more than likely require that you take out insurance, at least until its paid for, as a security policy. Just like a house or a car, your financers want to know that they will be compensated should anything happen before your boat is paid for. Oregon boat owners can find protection and peace of mind by investing in boat and watercraft insurance. Reach out to us. We would love to be a source of information to help you get the protection you need for your bus.