Join Date: Oct 2012
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Australian insurance costs
Hi everyone. Look, honestly, I understand that in order to get a quote on a boat the company insuring it wants a survery to know exactly what they're getting into. But it does make learning what's involved in owning a boat really darn difficult. How to plan? Buy a boat and then find it costs $100,000 a year to insure?? (ok, yes that is dramatic and ridiculous...but I'm just a bit peeved).
So are there some Aussies here who might help me get some idea?
A 40 ft boat, 20-25 years old (the boat, not me...I wish - I'm in my 40's). Good condition, fibreglass hull, diesel engine. Liveaboard and occasional future cruising. Moored at a river marina pontoon mostly and sometimes just a mooring. Relatively inexperienced captain, sailing 1-2 yrs ...but will have done a number of courses to increase skill in being crew, maintainence and coastal skippering.
Am I looking at $100 a month, $500 a month?