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post #3 of Old 4 Weeks Ago
PhilCarlson
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Re: Yacht Insurance

Ha! Good points!

I have the good fortune on not really needing to depend on the insurance. That is to say total loss of the boat would be tragic and emotionally painful, I never considered it an investment that I could dare hope to break even on. The marina requires insurance, so I have it, and it's nice to have someone to point the state at if they have to clean up a wreck.

Also, my slip is at an Air Force base, where rental the agreement is written in crayon. I doubt they could find their copy if they tried.

Obviously, my outlook on the topic will change when I step up to my "sail away" boat.
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