Hovercraft are largely regulated according to the environment they operate in. For example, a hovercraft operating over land is considered an off-road vehicle.
Over water, your craft will be considered to be a boat.
Most vehicles are required to be insured (whether as a boat or an off-road vehicle, or both). Here, we will briefly address these three issues.
Land Operation
Usually off-road vehicles cannot be operated on public roadways. In certain municipalities, some regulations for ATVs apply.
The ATV operating restrictions and equipment requirements may also apply to hovercraft depending on local area legislation. You may need headlights (and sometimes tail lights) to operate near public roadways (or after dark).
There may be plate or other licensing requirements too. In order to be sure, check with the