Boat Insurance-Tips and Tutorials | Contact
Protecting Your Investment
Purchasing a new boat? Heres why boat insurance is a must for protecting your investment. With the cost of new boats running from $10,000 for a small water boat to $200,000 and up for a luxury vessel, most boaters agree that full coverage of their new vessel is not an option, but a necessity.
Additionally, if the prospective boat buyer intends to finance the purchase, in almost every instance, full coverage insurance will be required by the lender. This just makes good sense.
Although in many states boat insurance is not required by law, it is always wise to insure any property that requires such a substantial investment. Few people would consider going without home, auto, or life insurance, because of the many risks to themselves and their loved ones. Along the same lines, boat owners will want to be certain, not only that their property is protected, but their families and loved ones who will likely be accompanying them on any boating excursion.
Imagine the sense of regret, if, in an effort to cut corners by saving mere pennies on insurance premiums, an unexpected accident, or natural disaster caused the loss of the entire vessel. Without insurance the boat owner has no way to recoup this loss.
Boat insurance can protect against theft, injury, accident or natural disaster, insuring that in case of such an unfortunate event, your vessel can be replaced for a minimal out of pocket expense.
More Articles
The Five Things You Must Know Before Buying Boat Insurance
Sailing Tactics Revealed: Person Overboard!
Adventures In Boat Building – Your Own Grand Banks Dory
Insuring A Boat For Winter Storage
Big Air Equals Big Thrills In This New Extreme Water Sport.
Big Game Fishing – Marlin And Billfish In Costa Rica
What Factors Will Affect The Premiums For Boat Insurance?
Study Shows Americans Have A Renewed Interest In Recreation In 2004 ARA
Modern Piracy - Why Boat Insurance Is A Must For Anyone Traveling In International Waters
Trailering And Towing Your Pontoon Boat
More Articles
... http://www.noblemarine.co.uk/boatsforsale.php3 http://www.noblemarine.co.uk/dinghydatabase.php3 http://www.noblemarine.co.uk/boatfinder.php3 http://www.noblemarine.co.uk/buyingaboat.php3?section=contract About the author: Patrick Altoft is an insurance expert with Noble Marine a specialist UK insurance ...
... fraudsters contacting the people advertising boats. If you receive an email from a potential buyer ask yourself if they sound genuine. Most people will be able spot spam emails by the broken English and poor grammar they use - fraudulent emails are no different. The emails detailed at the end of this ...
Making A Marine Insurance Claim
... enabling authorisation of the repairs or replacement items to occur far more quickly. To assist you in finding a local repairer, our web site also has a directory of suppliers and repairers which is fully searchable by postcode or region. What information may be required? Whenever an incident occurs and ...
Sailing: Multihulls-Catamarans AndTrimarans
... likely to be safer than one that takes 3 weeks. A lot of weather can happen in three weeks, or a crew member can become dangerously sick and need medical attention fast. It's good to be able to step on the gas and get there. Jibing -- These boats are so beamy that in a downwind situation the preventer ...
... docking techniques in boating were the ones that you learned by trial and error. None of the docking techniques you'll read will ever be a better teacher than practice, practice, practice. The best advice that one could ever receive when looking for information on the best docking techniques in boating ...
Boat Insurance News from Yahoo:
The real cost of owning a boat
It’s an old joke — a boat is a hole in the water you pour money into. It’s also true. About 95 percent of owners have boats 26 feet or less at an average cost of $18,000, according to the National Marine Manufacturers Association, and more than 80 percent of those buyers shelled out for pre-owned boats. But buying it is just a start. Bentley Collins of Sabre Yachts says to budget 10 percent of ...
Barnett backs third-party boat insurance
PREMIER hopes the Woollard and Campbell families can resolve their compensation dispute over damages awarded to boat crash victim Kate Campbell.
Miami Boat Captain Charged with Insurance Fraud Over Sinking of $1.8M Yacht
A Miami boat captain has been arrested on a first-degree grand theft charge for allegedly sinking a $1.86 million yacht in 2009 off the Bahamas. Florida Chief Financial Officer Jeff Atwater announced the arrest of Robert Figueredo by detectives from …
Boat engine thieves target Martin County
Martin County Sheriff's Office reports show about 10 motors, three boats and expensive electronics have been stolen since April 22.Â
Progressive® Insurance Introduces Expanded Coverage for Boat Propulsion Systems
Progressive® Insurance has introduced a new coverage that meets boaters’ needs for more complete protection of their propulsion systems. The coverage is called Propulsion Plus®, and it pays to repair or replace the lower unit of an outboard motor, or the outdrive of a stern drive motor, in the event of mechanical breakdown.
Ebooks | Contact Us | About | Advertise with Us |Sitemap | Miscellaneous Articles | Site Terms and Legal Disclaimer | Extras | Topics |
Copyright: EXZOrders.com -