SailNet Community - View Single Post - Insurance
Thread: Insurance
View Single Post
post #11 of Old 04-26-2012
Junior Member
Join Date: Apr 2012
Posts: 1
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
Re: Insurance

From an Insurer's point of view, a boat is a fragile thing and Florida is prone to hurricanes as we all know it. During a hurricane, you dont just risk the boat being washed away but also stuff hitting your hull, considering that it is a pretty old wooden boat, the cost of insurance will just increase, because not only the hull has to be insured but the boat as a whole as well, then there is the cost of Surveying the hull. 8.5% is a pretty good rate considering the age of your boat, if I were you, I would continue with it.
SkiddieDon is offline  
Quote Share with Facebook
For the best viewing experience please update your browser to Google Chrome