Do You Need Boat Insurance in Louisiana? Here’s What to Know

With Louisiana’s miles of shoreline, bayous, and access to the Gulf of Mexico, it’s no surprise that boating is a way of life for many residents. Whether you fish on Lake Pontchartrain, cruise down the Atchafalaya River, or take weekend trips to the coast, protecting your watercraft with the right insurance is essential. But do you need boat insurance in Louisiana? Let’s break it down.

Is Boat Insurance Required in Louisiana?

Louisiana law does not require boat insurance for most recreational vessels. However, there are important exceptions and situations where coverage is essential:

• If you finance your boat, the lender will likely require comprehensive and collision coverage.
• If you dock at a marina, some locations require proof of liability insurance.
• If you’re involved in an accident, having liability insurance protects you financially from injury or damage claims.

Even though it’s not mandatory, going without boat insurance is a risky move—especially in a state where storms and hurricanes can cause sudden and severe damage.

LDWF offers a free, in-person boater education course that satisfies boater education requirements in Louisiana.

What Does Boat Insurance Cover?

Boat insurance can be customized, but here are the most common types of coverage Louisiana boaters choose:

• Liability Insurance: Covers bodily injury or property damage you may cause to others while operating your boat. This is often the most important coverage to have—even for small fishing boats or jet skis.
• Comprehensive and Collision: Protects your boat from damage due to accidents, storms, fire, theft, or vandalism.
• Uninsured/Underinsured Boater Coverage: If you’re hit by someone without insurance, this helps pay for damages or medical expenses.
• Medical Payments Coverage: Covers medical costs for you and your passengers if you’re injured in a boating accident.
• Personal Effects & Fishing Equipment: Coverage for valuable gear, electronics, or tackle you keep on board.

How Much Does Boat Insurance Cost in Louisiana?

Typically, boat insurance liability coverage costs between $200 to $500 per year on average, according to Trusted Choice. Louisiana has one of the highest average annual premiums for liability coverage at $430 per year. Additionally, the average annual premium of comprehensive boat insurance in Louisiana costs $820 per year.

A great way to estimate how much boat insurance will cost for you is taking 1% to 5% (lean towards the higher side of the range for Louisiana) of the boat’s overall value. This is a good estimate of what your yearly premium will be. However, a number of factors influence your premium’s cost, such as:

• Boat’s size, value, and horsepower
• Your boating record
• Your location
• How you use the boat
• How often you use the boat

An independent insurance agency, like Lewis Mohr, can help shop your policy to multiple providers to find you the best rate.

Protecting Your Boat From Storms & Hurricanes

Living in Louisiana means staying prepared for hurricane season. Most boat insurance policies include named storm deductibles, and some may exclude coverage unless specific storage or safety precautions are followed.

Tips:

• Ask your insurance agent about storm haul-out coverage or lay-up periods.
• Store your boat on high ground or in a secure marina when severe weather approaches.
• Take photos of your boat before a storm as proof of its condition.

Jet Skis, Pontoon Boats & More: Are They Covered?

Yes—personal watercraft (PWC) like Jet Skis, Sea-Doos, and WaveRunners can also be insured. These fast and lightweight vessels come with unique risks, so dedicated PWC policies offer tailored coverage for:

• High-speed collisions
• Towing accidents
• Passenger injuries

Can You Bundle Boat Insurance With Other Policies?

Yes, most Louisiana insurance providers offer multi-policy discounts if you bundle boat insurance with:

• Homeowners or renters insurance
• Auto insurance
• Umbrella liability insurance This can save you money and streamline your coverage under one provider.

Is Boat Insurance Worth It in Louisiana?

Yes. While Louisiana may not require boat insurance by law, the risks of boating without it are real—especially when you consider the weather, waterways, and legal liabilities.

Whether you’re cruising for pleasure or fishing for a living, boat insurance protects your investment and gives you peace of mind every time you head out on the water.

Lewis Mohr is here to help Louisiana boat owners get the coverage they need—at the best rates available. Contact us today for a free quote and personalized guidance.