SailNet Community - View Single Post - 10K$ boat --- Are Insurance and Survey REALLY mandatory?
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post #35 of Old 01-30-2014
newhaul
islander bahama 24
 
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Re: 10K$ boat --- Are Insurance and Survey REALLY mandatory?

Simple; Survey no at least liability insurance yes. I pay a Benjamin a year but better than dragging anchor one time and hitting another boat even minimal scratching can cost many hundreds to repair properly I would rather just sail away and let my insurance do the court and paying for the repairs I've carried insurance on cars and boats for over 30 years and never needed it but the one time I do without a shark will bite my rode in half and I will sink a hundred k boat and in that case I'm liable for the cost just not worth the risk to me.

Illegitimus Non Tatum Carborundum.

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Last edited by newhaul; 01-30-2014 at 03:17 PM.
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