Boating in New England – 6 tips for Streamlining Your First Boat Purchase

May doesn’t just bring flowers, but reunites our waters with masts, hulls, and eager ocean-goers alike.  If you’re considering the purchase of a boat this summer, you’re not alone – 2020 boat sales saw its highest increase in history, up 9% over 2019.   Like any major purchase, we’re here to help make the process of ownership a smooth reality:

Purchasing your vessel – ensure you’ve made considerations for transportation of the vessel, not just from the dealer, but seasonally as well.   Our agency can help register your trailer with the RMV for you, saving you valuable time and possible paperwork issues.


Protecting your new purchase – While your Homeowners policy may cover certain damages to the boat or watercraft while on your property, you’ll need coverage while out on the water.   Basic insurance coverage will include physical damage to the vessel, bodily injury, medical payments, and property damage liability.   Additional coverage might include trailers, fishing equipment, and emergency services.

Typical coverage for most boats (under 26’) will cost several hundred dollars; premium rating factors vary depending on size, value, nature/location of use, winter lay-up details, and operator ratings.

Get a Quote for your new watercraft Here.


Be a captain – Think back to getting your Driver’s License.   Becoming a good driver took time and boating is no different.   Consider taking a boater safety course.  Not only will you feel more comfortable on the water and keep your friends and family safer, but you’ll likely save each year on your insurance premiums.


Registering your vessel – State law requires the registration of any boat that is powered by a motor and operated on public waterways in Massachusetts. Registration is required even if the motor is not the primary means of propulsion for that boat.  For more information regarding boater registration in Massachusetts, click here


Cruising into the colder months – Boat storage may be the last thing on your mind at the time of purchase, but winter has its way of sneaking up on you.   Make a plan NOW for when, how, and where to lay-up your vessel come late fall.


Debrief your crew – Keep us posted on any changes to your lay-up period and related details.   Boat policies are year-round and policy premiums are affected by your usage.

If this past year has taught us anything, it’s to better optimize on our discretionary time with our friends and loved ones.   Boating offers the intentional break-away from the hustle-bustle to make memories with our chosen few.   Here at Richardson Insurance, we’re looking forward to serving you at every turn (or tack) to make your new dream a reality

Helpful Links:

Register Boat in MA:

Register Trailer in MA:

Get a Quote for your new watercraft Here

Boat Insurance Hanover, MA

Request Your Proposal Here

Are you ready to save time, aggravation, and money? The team at Richardson Insurance is here and ready to make the process as painless as possible. We look forward to meeting you!

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