Interestingly enough, some insurance companies actually offer some peace of mind for the kayaker! A friend of mine sent me a message that he just insured his kayak. This obviously sparked my curiosity so I shot a quick email to my home and auto insurance agent. This query even had him scratching his head. In his many years of doing this, he frankly told me that he had never insured a kayak. Normal boats with motors and stuff, sure....but never a kayak.
After a couple of hours, and some calls to a senior underwriter, he wrote back, surprised, saying that they can indeed insure a kayak. Better yet, the policy would also cover $1,000 worth of fishing gear, $1,000 worth of personal stuff like fish finders, phones, cameras, etc..., medical, and even uninsured boater coverage.
The amazing part of all of this is that it only costs about $10 a month with a $250 deductible. So, in a nutshell, if anything happens - and I am still alive afterwards - I can replace everything for a mere $250 which is a fraction of the actual replacement cost. I'm covered everywhere, freshwater and salt, in North America. If you haven't yet, call your insurance agent and ask if they can cover you as well. It may seem like a bit of overkill but you really never know and for $10 a month, it's some comforting peace of mind.