watercraft; insurance requirements; penalties
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill updates Arizona’s laws regarding watercraft insurance requirements and penalties. It establishes minimum liability insurance coverage for owners providing watercraft for rent or charter, including requirements for commercial or charter boat liability policies. The bill also introduces regulations for peer-to-peer watercraft sharing programs, outlining insurance needs and recordkeeping responsibilities. Finally, it amends existing sections to clarify definitions related to watercraft and operation.
Key provisions
- Requires owners of watercraft rented or chartered to maintain commercial boat liability insurance with minimum coverage limits.
- Establishes specific insurance coverage amounts for bodily injury and property damage.
- Creates regulations for peer-to-peer watercraft sharing programs, including insurance requirements and recordkeeping.
- Defines key terms related to watercraft, operation, and liability.
- Addresses penalties for failing to meet insurance requirements.
- Clarifies the definition of a ‘boat livery’ and its insurance obligations.
- Specifies requirements for documenting watercraft rental transactions.
- Introduces a new article addressing peer-to-peer watercraft sharing transactions.
Who is affected
- Watercraft owners
- Watercraft renters and charterers
- Boat livery operators
- Peer-to-peer watercraft sharing program operators
Bill text
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Sponsors
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3 on record
Primary sponsor
Cosponsors
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