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Old 07-17-2013
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Re: Boat Insurance Nuances - do I have it wrong?

Quote:
Originally Posted by Razcar View Post
Would this be liability only at a minimum?

Also, for liability only, is it typically an exorbitant amount? A few thousand a year? or more than 10k per year for a 20 yr old sub-40 foot boat....? Just trying to get a handle on how ridiculous (or not) it may be. Of course, a new boat would likely cost more to insure, i get it.
Boat US quoted me a cost of $500 a year on a liability only policy for a 42 foot boat. Hull coverage from another insurer had been only $2500 for the complete Caribbean, except for the hurricane box.
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