SailNet Community - View Single Post - Insurance and cruising...
View Single Post
post #10 of Old 04-22-2013
MikeOReilly
Senior Member
 
MikeOReilly's Avatar
 
Join Date: Apr 2010
Location: Thunder Bay, Ontario
Posts: 1,607
Thanks: 162
Thanked 72 Times in 63 Posts
Rep Power: 6
 
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?

Why go fast, when you can go slow.

Last edited by MikeOReilly; 04-22-2013 at 05:25 PM.
MikeOReilly is online now  
Quote Share with Facebook
 
 
For the best viewing experience please update your browser to Google Chrome