SailNet Community - View Single Post - Boat Insurance for a $6k cash boat? (first time buyer)
View Single Post
Old 02-13-2007
Razman23's Avatar
Razman23 Razman23 is offline
Professional Sun Bather
Join Date: Jan 2007
Posts: 26
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
Razman23 is on a distinguished road
I agree, nearly all marinas want insurance coverage just in in just in case, your boat catches fire and burns down half of the marina.

Before you buy your boat, check the slip fees for your size boat. People have been known to buy and boat and then have a heart attack when they find out how much it will cost them to tie it up in a slip.

Im in the same boat as you. The last two boats I had, I purchased in cash. Now Im looking for my third and probably might end up financing it. :O(

'Have a great sail day!'
Reply With Quote Share with Facebook