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Old 01-30-2014
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Arrow 10K$ boat --- Are Insurance and Survey REALLY mandatory?

I'm still shopping and waiting for the chance to move aboard and head south on a budget that is basically NO budget. Standard Noob totally unrealistic stuff. BUT - that's why I'm here - to learn from the experience and wisdom of others. And many have been around for years with the same problems and already done that. I'm not interested in the IF I should, but rather the HOW. I'd love to spend more on a boat than 10K and do everything 'proper', but it isn't an option. I won't be "waiting until I can afford to do it right" - that day isn't likely to ever come and I'm already to damn old to wait any longer, anyway. The only option would be to sit through my retirement in a metal box somewhere near Mesa and just vegetate until death. No Thanks. An old, leaky, unsafe boat out on the open water seems MUCH preferable to that!

Now that my little rant for the Negative Nellie's and Naysayer's is done, the QUESTIONS: For a boat with a purchase price of about 10K, do I REALLY need a Survey? I've read the blogs and advice on what to look for and am not totally incompetent. No doubt someone with years of experience will find things I won't notice - but if I cover 95% myself with my own checklist/inspection, might that not be plenty good enough? Is there any cheap help available?

And, is a survey REALLY necessary for liability insurance? I walked past an insurance salesman at a boat show who seemed to have been a used car salesmen in a previous life. It appeared that, like any typical border town, and for today only, such a deal he had for me! Is shady deals and fraud the rule or the exception?
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