Insurance on the water is similar to that for road travel. If you buy a boat you will likely want to insure it against both third party damage and the boat itself.
For boat insurance, you can contact these Sail America members:
If you are sailing on someone else’s boat they will most likely have public liability insurance that may cover you, but check beforehand. Generally it is a pre-requisite for boats in races.
Financing a Boat
Check in with these Sail America members for ways to finance your new boat.