The proposed bill updates current statutes regarding watercraft insurance requirements by mandating that both watercraft owners who rent their vessels and boat livery owners maintain a commercial boat liability policy. Specifically, it introduces new insurance coverage requirements, including a minimum of $25,000 for bodily injury or death of one person, $50,000 for two or more persons, and $20,000 for property damage in any one accident. Additionally, it requires that these insurance policies remain in effect whenever the watercraft is operated on a waterway in Arizona.

The bill also establishes penalties for non-compliance, classifying violations as a class 3 misdemeanor, escalating to a class 1 misdemeanor if the watercraft is involved in an accident. Furthermore, it allows the Arizona Game and Fish Commission to require certification of insurance compliance and provides protections for insurers reporting to the Commission. The bill makes several technical changes to existing language, ensuring clarity and consistency in the statutes.

Statutes affected:
Introduced Version: 5-342, 5-371