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Wow check progressive insurance for liablity; costs me around 100.00 a year, marinas accept it , and I stay away from other boats......Dale Besides if you get into it with something, it will more than likely be bigger then you and you just won't be!!
 

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One of None
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Still not sure what side of the brain all this came from HL. Your logic makes sense to you I guess.

My boat is worth less the 10K and I have it insured. Insur, YC membership, and boat US membership cost me less then 1 K a year.

Good luck!
 

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What do you think a few gallons of diesel would cost you to clean up? Here in So.Cal I could only imagine how much this would be. Maybe just a little liability insurance wouldn't be too much? Maybe it could be done without the survey, don't know but my boat is worth less than $20,000(shabby looking built in 1981) and I would not own it without insurance, at least liability. But to each his own.

Brad
Lancer 36
 

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If your boat is paid for and not worth much,, the only reason to have insurance is to protect any significant assetts you may have. If you have no such assetts, then you are "judgement proof" and I'd forego insurance. Basically, poor people have no need for insurance.
 

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If your boat is paid for and not worth much,, the only reason to have insurance is to protect any significant assetts you may have. If you have no such assetts, then you are "judgement proof" and I'd forego insurance. Basically, poor people have no need for insurance.
An excellent example of taking personal responsibility.
Health insurance is one thing-- there are people who truly can't afford to buy health insurance, and living isn't really an optional activity. But sailing is optional, and you should be willing to pay the price of admission, which in my thinking, includes coverage to protect others against your mistakes.
 

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Battered and Bruised
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I see this thread heading off to an obscure corner for a time out soon, but before it goes, does anyone know of any country that requires proof of insurance during C&I check in?
 

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Battered and Bruised
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Just to toss out there that there really isn't a state of being judgement proof. A judgement can be collected even if a debtor has no current assets. Wage garnishments, future earnings, inheritance, etc. all come into play once a judgement is entered.

There is a series of steps that could even lead to an arrest warrant being issued for failing to pay a judgement. Takes time and effort, but if an uninsured, "judgement proof" boater hits the wrong attorney's boat, I can envision a scenario where it could go down that road.
 

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Bombay Explorer 44
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I see this thread heading off to an obscure corner for a time out soon, but before it goes, does anyone know of any country that requires proof of insurance during C&I check in?
Italy requires 3rd party insurance certificate to be shown on entry and carried on board.
 

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"Anhinga" St. Augustine
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No requirement for insurance in the Bahamas. Never had a marina ask for insurance if only a transient. The only time I have needed to show proof of insurance is when signing a lease for long term dockage or when being hauled or doing major work at a yard. That being said, I would not want to have to pay for an Awlgrip job on a Megayacht out of pocket.
 

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Battered and Bruised
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I stopped at a very upscale, very new, resort marina last year in Nassau. They asked for my insurance info when I made the reservation and made a copy of my policy when I arrived at my slip. That was the only time I was asked as a transient. Bahamas is the only foreign country I have visited by personal boat and was not asked at check in.
 

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I know this issue has probably been resolved, but my 2 cents anyway. This is generic whether it is insurance,fishing, licensing, etc.

I suggest you call every office of the Bahamian govenment to recieve 10 different answers. Then call your local destination office, and you will recieve your eleventh different answer. Then out of frustration just go. Check in to your destination port as required. Then at local port, you will get the 12th, 13th, and 14th different answer to your simple question. Then be ready to pay the highest fee of each of 3 fees given to you by the port officers. Of course pay in US cash because this is the bribe that will get you cleared. Just hope they don't make you get a work permit because of the tool box they saw on your boat.

I haven't had much luck with that corrupt gov. But beautiful islands, and wonderfully friendly people ( until you run low on cash )
 

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And paying a good bit of my tax dollar to remove a never ending supply of uninsured boats PLEASE DON'T TELL ME IT DOES NOT HAPPEN because it pretty much happens everyday around here

This is surprising to me. What percentage of your tax dollars is allocated to removing derelict vessels?
 

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We are currently in the Bahamas and have been to Bimini, the Berry's and Exumas. Do you need insurance? NO. Will you be ask for insurance? YES, but only in some marinas. Some want a copy and others don't care. The larger marinas in major towns and settlements will probably ask for it. Since we have it, I can't state what will happen if you say, "I don't have any." Chuck
 

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Winch Fouler
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Quite a thread... It looks like the question has been answered with only one reference to someone's personal diety.

Several of you mentioned carrying ONLY liability. I didn't know this was an option. I'm investigating insurance costs in Florida with no off-season haulout. This might be a decent option for me this year.

Even with the rancor in this thread, I learned something new. Nice.
 

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This is surprising to me. What percentage of your tax dollars is allocated to removing derelict vessels?

I cant say the exact figure but the landfill cost is 5 cents a pound and when ever i do a home project that seems small its runs into hundreds of dollars

Then your paying municipal employees to chop it up as they don't take then in one piece

I will say after sandy it was billions but that the percent spent on boats was tiny
 

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KNOT KNOWN
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I care so much for the other guy, that I would never and have never come close to ever hitting him. I care so much that I never move in tight quarters faster than I can fend off with a finger. I care so much that I use huge anchors and over sized chain, over kill chafe gear. I set them by hand and dive them morning and evening. I care so much that in over 20 years I've never come close to messing with some ones bizzness. I care so much for the other guy, that I made sure I was fully trained in the art of boat handling before I went out and started handling my boat. Insurance in a foreign country is a false senese of security. look at the trouble that CKtalons girl had last year when she got hit here in the states. They will fight it tooth and nail to find a way not to pay for your mistake. I've Never had insurance in the Bahamas on my boat, and don't recall ever being asked for it any of the marinas I pulled into. The irresponsable guy is the one zooming around the marina and anchorage, in gear when he's already moving forward at 3 time the speed he needs to be because he's a self taught sailor who can afford to be a ninkapoop because, what the @#!*% , he has insurance. he's the one who does'nt care enough about the other guy to move at bare steerage way. Insurance is minding what you are doing to insure that you don't do dammage to other peoples property.
 

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Captain Obvious
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I know this isn't the question, but for anyone who is debating about liability, I was able to attach my boat to my homeowners umbrella liability for almost nothing. My agent then wrote me a letter saying Kemper liability coverage was covering the boat in case a marina asks. Still, i would rather anchor next to someone careful with no insurance than a fool who has it.


GO FORTH YE VAGABONDS TO THE SEAS AND FAIR WINDS AND HEED NOT THE WORDS OF THOSE WHO WISH TO KEEP YOU CHAINED

Can someone tell me where this quote comes from? Google is no help. Thanks.
 

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KNOT KNOWN
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I care so much for the other guy, that I would never and have never come close to ever hitting him. I care so much that I never move in tight quarters faster than I can fend off with a finger. I care so much that I use huge anchors and over sized cahin, over kill chafe gear. I set them by hand and dive them morning and evening. I care so much that in over 20 years I've never come close to messing with some ones bizzness. I care so much for the other guy, that I made sure I was fully trained in the art of boat handling before I went out and start handling my boat. Insurance in a foreign country is a false senese of security. look at the trouble that CKtalons girl had last year when she got hit here in the states. They will fight it tooth and nail to find a way not to pay for your mistake. I've Never had insurance in the Bahamas on my boat, and don't recall ever being asked for it any of the marinas I pulled into. The irresponsable guy is the one zooming around the marina and anchorage, in gear when he's already moving forward at 3 time the speed he needs to be because he's a self taught sailor who can afford to be a ninkapoop because, what the @#!*% , he has insurance. he's the one who does'nt care enough about the other guy to move at bear steerage way. Insurance is minding what you are doing to insure that you don't do dammage to other peoples property.
That being said, I have contemplated shopping for liability insurance this year. Mostly just to show that I actually give a sh!t. But I''m relocating to Central America. I'd like to hear some story's from people who have had an insurance company pay out in the Bahamas, or another country, what kind of policy it was, and what happened. ya know, the particulars.
 

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Master Mariner
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I'd love to pay even a grand a year for decent insurance, but @ 6 grand a year to bet against myself, I don't see the logic.
When I was operating vessels commercially, carrying passengers on COI vessels, my insurance agent once quipped "your insurance is to pay for the lawyers, not for any incident!".
If the insurance companies would get a tiny bit realistic and give discounts for living aboard, licensing and experience it might help. I would guess that 90% or more of the boats damaged or destroyed by Sandy, for instance, were unattended vessels.
Like Capt AAron, we don't worry about our ground tackle, nor do we run at speed through a crowded anchorage. Though we sail from anchorage to anchorage, if there are vessels around us, while picking up or dropping, the engine is running, if not in gear.
Our biggest fear is the other guy hitting us, not our possibility of doing damage to someone else. I'll put her aground first! If I do damage your vessel then the 6 grand a year I haven't tossed down the drain is in the bank for you and I will make it right. I will take responsibility for my actions.
Liability would be nice, but the inherent risk (insurance wise) of a sport like sailing is assumed when someone gets aboard your boat and unless they could show negligence, they would be hard pressed to win a suit (also from the agent mentioned above).
For us, it still boils down to betting 6 grand a year that we will screw up.
 
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