What Is Boat Insurance, and Why Do I Need It?

What Is Boat Insurance, and Why Do I Need It?
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1 Answer

Answer :

Carrying boat or yacht insurance is a smart decision. Contrary to popular belief, your vessel is not covered under your car or homeowners policy. If you cause an accident or get into one with an uninsured or underinsured operator, you may be held responsible to cover related expenses, such as repairs, property damage, medical bills, lost wages, legal fees and more. Without the proper coverage, your financial well-being may be at risk.
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Related questions

Do I need boat insurance or can I go without?

Description : Do I need boat insurance or can I go without?

Last Answer : To identify if you require marine or boat insurance, refer to the law in your state. These laws are accessible from the following informative website: http://personalinsure.about.com/od/watercraft/Watercraft_Boat_Insurance_Policy_Information_Articles_Savings.htm

How to Select the Right Type of Insurance Policy for your Boat?

Description : How to Select the Right Type of Insurance Policy for your Boat?

Last Answer : Not all boat insurance policies are alike, and different types of policies are required for different types of boats. One of the most important facets of selecting the correct policy for a ... suited for a runabout.Two of the eight boat categories comprise those boats that have been specificall

Has the cost of boat insurance decreased because of the recession?

Description : Has the cost of boat insurance decreased because of the recession?

Last Answer : Yes, the cost of boat insurance has decreased because of the recession. Less people own a boat now and that has led to the decrease in demand of boat insurance.

What is the average cost for boat insurance in Miami?

Description : What is the average cost for boat insurance in Miami?

Last Answer : Depending on the amount covered and the size of the unit and its location, I think it would be between $500 and $1000 per year. What you can expect to be charged are property taxes, which are ... -fl-miami-insurance/Florida_Boat_I.html, there is a range of $15,000 and can be increased to $300,000

How much does boat insurance cost for a large pontoon boat?

Description : How much does boat insurance cost for a large pontoon boat?

Last Answer : Large Pontoon boat insurance can vary from different types of coverage. On average it can cost thousands per year

where can I find good , cheap boat insurance?

Description : where can I find good , cheap boat insurance?

Last Answer : Perhaps you should sell the boat, because it wasn't such a wise idea buying a boat when you're not even sure you can afford to insure it. If you can't insure it, that is no bueno.

How much dish soap do I need to sink a boat?

Description : How much dish soap do I need to sink a boat?

Last Answer : answer:Spiders are about as heavy as the amount of water they displace. So if they tried to float, they would be mostly under water and unable to breathe. The ones that walk on water do so by carefully ... soap, fill its entire hull and all the cabin space with the soap and down the ship would go.

What do I need to live on a boat year round in cold climates?

Description : What do I need to live on a boat year round in cold climates?

Last Answer : How cold of a climate are you talking about? All the boats are pulled out of the water for the winter where I live. Everything freezes over, that isn’t good for a boat.

I'm being a lazy bum in my jimjams, ask-publicing and putting off all that I need to do. Anyone else in the same boat?

Description : I'm being a lazy bum in my jimjams, ask-publicing and putting off all that I need to do. Anyone else in the same boat?

Last Answer : Yes. Though I do it at my desk.

Their are three gaurds and three prisoners who need to cross a river. Their boat only holds two people at a time, and the number of prisoners must NEVER be allowed to outnumber the number of gaurds on either side of the river; otherwise, the prisoners will overpower the gaurds and, well, the story will come to an abrupt end. Determine how many trips it will take to safely transport all of the gaurds and prisoners across the river, list each of the trips that need to be made and who is in the boat and who is on each of the riverbanks during each trip. -Riddles

Description : Their are three gaurds and three prisoners who need to cross a river. Their boat only holds two people at a time, and the number of prisoners must NEVER be allowed to outnumber the number of gaurds on ... made and who is in the boat and who is on each of the riverbanks during each trip. -Riddles

Last Answer : Inless some one can tell me a way that 2 prisoners, at some point, don't out number the guards whether they are just dropping off and still in the boat or actually on land (because even if ... to be impossible. Please let me know an alternative if you figure one out because i'm stumped. thanks

We have an old boat without a motor, and need it gone. Are there any boat removal places around?

Description : We have an old boat without a motor, and need it gone. Are there any boat removal places around?

Last Answer : No! Your Fucked! We used XS Recyclers not sure if they do DC but it cant hurt to call. Address XSRecyclers.com

need to know if i qualify for a boat loan..?

Description : need to know if i qualify for a boat loan..?

Last Answer : need to know if i qualify for a boat loan..