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post #11 of Old 07-18-2013
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Re: Boat Insurance Nuances - do I have it wrong?

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.
Yes liability only. Typically about $500 US a year for something around 40ft.

As a UK citizen sailing a 44 ft UK registered boat world wide [ except the USA ] that is what it would cost me. If I visit the USA it goes up. Something about too many lawyers.

Fully comp with the boat in the water year round about $3000 pa with a 25% deductable if I sail in the hurricane box during the season and the damage is due to a named storm.
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