Re: Insurance Coverage
I think this is a great string.
Many find out too late their insurance coverage does NOT cover all they need with a boat.
Whether true marine insurance and homeowner policy's umbrella and boat rider coverage are VERY VERY DIFFERENT.
While liability coverage is a number you choose and pay for. The rest is staggering in differences.
Let's not forget boat insurance is optional.
It's a bad time to find out the difference when you looking at your destroyed sunken boat and the vessel recovery costs (about $100-200 per foot) are equal to the boat's value and your replacement check is being used to pay for recovery and if anything is eve left the disposal of the hulk.
Depending on age of boat you may not have anything left.
__________________
Capt. Debs
Tow boat captain/salvor
50 ton USCG Master
NJ Boating College- Lead Instructor
Big time hottie crabber
Last edited by Capt. Debbie; 12-28-2015 at 11:00 AM..
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