Requires boat owners to maintain marine recovery insurance for boats anchored in South Carolina waters for more than fourteen days.

The bill mandates that boat owners must maintain marine recovery insurance for boats anchored in South Carolina waters for more than fourteen days. It requires the boat owner to provide a recent vessel survey to obtain the insurance. The insurer must issue two watercraft stickers for each policy, displaying the year, insurance company, policy number, and boat registration number. A new survey is required every three years before renewing the policy. Violations of this provision are misdemeanors, punishable by up to thirty days in prison and a fine of up to five hundred dollars.

Requires boat owners to maintain marine recovery insurance for boats anchored in South Carolina waters for more than fourteen days.

The bill mandates that boat owners must maintain marine recovery insurance for boats anchored in South Carolina waters for more than fourteen days. It requires the boat owner to provide a recent vessel survey to obtain the insurance. The insurer must issue two watercraft stickers for each policy, displaying the year, insurance company, policy number, and boat registration number. A new survey is required every three years before renewing the policy. Violations of this provision are misdemeanors, punishable by up to thirty days in prison and a fine of up to five hundred dollars.