Since 1999, the insurance of the personal watercrafts is compulsory under the law 2743/99. The insurance protects the owner in case of an accident towards the third parties. If the personal watercraft is upon a trailer, the owner should make sure that the trailer is also included to the insurance of the vehicle. The cost of an annual insurance policy varies from 80-150 euros or more, depending upon the details of its insurance package.
