Blogs and Resources - LA Insurance

While exploring boat insurance in Michigan, the first concern that comes to mind is the cost. Generally, the average cost of boat insurance ranges from $75 to $300 per year for smaller vessels, mainly depending on the boat’s size and horsepower.  

However, it can cost you more to insure larger boats such as cabin cruisers, sailboats, speed boats, and yachts, which can typically range from $300 to $500 per year.

Before you make any investment in boat insurance, it is essential to know the legal and financial requirements in your state. Every state has its own set of laws and regulations for boat insurance. 

So, the main question for 2025 is: Is boat insurance mandatory in your state? If yes, what are the specific requirements? And if not, what types of coverage should you consider to protect your investment?

If you’re a tenant living in an apartment, townhouse, single-family home, or condominium, one question may cross your mind: How do I get renters insurance to protect my belongings?  

It’s a common concern among renters, and the data backs it up. According to the insurance quote comparison site The Zebra, more than half of U.S. renters (55%), equivalent to 61 million people, have renters insurance policies. And 75% of them carry it because their landlord requires it.