Join Date: Apr 2010
Location: Thunder Bay, Ontario
Thanked 72 Times in 63 Posts
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Re: Insurance and cruising...
Who is driving this increasing demand for higher liability coverage? Is it the marinas, or is it the insurance companies?
This issue frustrates me b/c the real risk involved in boating activities is exceedingly low. I've looked at the North America accident data, and the rates of recorded injury, damage and death are very low. Despite this, insurance demands seem to be climbing at a very steep rate.
Why go fast, when you can go slow.
Last edited by MikeOReilly; 04-22-2013 at 05:25 PM.