One wouldn't think that a boat would be that much of a concern for liability in an accident, but numerous exposures to loss are present to a boat owner. On the same idea, one wouldn't think of a motorcycle being a huge liability concern.
The truth is that huge risks for liability exist with a motorcycle as well. In either case, boats and motorcycles necessitate their own individual liability insurance. This is why boat owners and motorcycle riders need Boats and Motorcycles Liability Insurance.
Boats are actually huge liability concerns, as are motorcycles. Both present numerous exposures to both property damage liability and especially bodily injury liability. Not only are the risks for loss from passengers, but also people and property that just happen to be in the vicinity. Boats and Motorcycles Liability Insurance helps to protect the named insured against both property damage liability losses and bodily injury liability losses. Either one of these or a combination of the two could spell financial ruin for the named insured in the event that they are named in a lawsuit stemming from either a boat or a motorcycle liability incident.
Consider for a moment the liability that can occur from just a boat alone. Property damage could be cause for example from loading the boat onto a trailer at a trailer ramp, or putting it into the water at the same ramp. Boat liability wouldn't cover the damage caused to the named insured's own personal trailer or vehicle, but suppose the boat ran into another boat or the dock causing property damage. Further imagine if a passenger on the boat fell out of the boat and injured themselves or worse. The boat owner could be held liable in a lawsuit. Without Boat Liability Insurance, the losses from such a lawsuit could be catastrophic to the named insured.
Now, consider the liability from motorcycles. Obviously, bodily injury liability comes to mind first. A passenger could easily be injured in the event that the operators were to get in an accident. Property damage may occur if the motorcycle was parked and the kickstand was down on soft asphalt. All it would take is the motorcycle falling over causing a domino effect onto one or several other motorcycles. The losses could pile up in no time. The scary thing about that is that the owner need be nowhere in sight to be held liable for all of that damage.
Generally, the premiums for Boats and Motorcycles Liability Insurance policies depend on the size and location of the boat or motorcycle. The local licensed property and casualty insurance agent will be able to find the best insurance policy with the best premiums for the boat or motorcycle. Try to find an agent who is familiar with the exposures in the area to be insured. Most states don't require insurance for motorcycles unless they are to be licensed for road use. This certainly doesn't mean that it's not needed. The same is true for boat owner's insurance. Most states don't require insurance, but that doesn't mean that it's not needed.
The local licensed property and casualty insurance agent will be able to explain exactly what is needed and what isn't by law.