These include courses by the Coast Guard Auxiliary, Power Squadron, Red Cross, the online course administered by the BoatU.S. Foundation for Boating Safety and others. CNA is one of the world's premier insurance organizations ranking among the top ten U.S. insurance groups. During its 100 year history, CNA has built a reputation for leadership in insurance and risk management, financial strength and commitment to customers and business partners. CNA is a registered service mark, trade name and domain name of CNA Financial Corporation. The BoatU.S. Personal Watercraft program is insured through CNA or Seaworthy Insurance Company, depending on your state of residence.
Coverage includes losses caused by hurricane, theft, flood, fire, sinking, collision, etc.
If you wish to see a copy of the policy before you join the group, ask your BoatU.S. insurance specialist to send a sample with your quote. This section of the BoatU.S. policy also includes important features such as liability coverage for operating a friend's boat, and coverage for removal and disposal of a wrecked boat. To the best of our knowledge there are no state or federal laws that require a boat owner to have insurance on a boat. However, if you have a loan using the boat as collateral the bank will require insurance coverage listing them as a loss payee to cover their interest in your boat. Also, most marinas will require that you maintain boat insurance in order to keep your boat at their facility.