SailNet Community banner
1 - 1 of 1 Posts

·
Telstar 28
Joined
·
992 Posts
Just be aware that yacht policies are generally required for boats over 26' LOA, and boat policies usually cover boats under 26' LOA. Also, there are two basic types of policies: Agreed Value and ACV. One gives you much better coverage IMHO than the other.

Other things to consider: Liability, most marinas will require at least $100,000—mine requires $300,000. Towing and salvage coverage—salvage can be really expensive. Environmental remediation—especially if your boat sinks and causes a small oil spill—otherwise the fines and such are pretty amazing.
 
1 - 1 of 1 Posts
Top