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Old 03-01-2007
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Just be careful... some insurance companies that don't really understand what a yatch policy should be will sell you insurance, but it won't have coverages for things that are very boating specific... like salvage costs in the case of a salvage operation, like clean up and remediation costs in the case of a fuel spill. Also, many non-marine specific insurance companies will not sell you an "agreed value" policy, but an "Actual Cash Value" policy, which is less than useful for many.

With an "agreed value" policy, the boat is covered for essentially an agreed amount...which is usually considerably higher than it's actual cash value in the case of a newer boat... and things like stolen electronics are paid for at the replacement cost, rather than the "actual cash value", minus your deductible.

When you compare quotes, make sure you're comparing apples to apples...
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Telstar 28
New England

You know what the first rule of sailing is? ...Love. You can learn all the math in the 'verse, but you take
a boat to the sea you don't love, she'll shake you off just as sure as the turning of the worlds. Love keeps
her going when she oughta fall down, tells you she's hurting 'fore she keens. Makes her a home.

—Cpt. Mal Reynolds, Serenity (edited)

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