SailNet Community - View Single Post - Insurance Issues
View Single Post
post #9 of Old 01-10-2002
Senior Member
Join Date: Jan 2001
Posts: 445
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 17
Insurance Issues

O.K. Mandatory in certain areas. I had to provide a survey to get insurance, and I shopped it, for my Bristol 35. However, I didn''t have to update the survey with insurance renewal - only when the boat transferred. On low-end deals with new equipment, the insurers can probably look at a book value. Down here in St. Thomas, mandatory. Real marine insurers, mandatory, at least to inititate the policy, with possible updates down the road when some underwriter has nothing else to do ....
VIEXILE is offline  
Quote Share with Facebook
For the best viewing experience please update your browser to Google Chrome