Kelper
2013-02-10 19:29:32
Question for the forum:
For those of you who own boats that you paid cash for that aren't worth a bunch of money, do you insure them? What reasons exist that call for insurance besides getting money if your vessel sinks?
Thanks!
akfisher1978
2013-02-10 19:33:53
Probably just the Pollution insurance! If the boat sinks and is full of fuel I assume the coast guard could bankrupt you if they wanted!
Kelper
2013-02-10 19:38:51
That's what I was worried about. I guess I need to get on the phone with an insurance agent. Anybody have any recommendations for a F/G boat?
akfisher1978
2013-02-10 19:42:14
There are a ton out there I used Wrangell/Petersburg Insurance for my glass boat but they could not help with my wood hull. I now use Anchor Marine out of Seattle!
fveureka
2013-02-11 04:05:41
Kelper, you may also want to talk to Chuck Pappas with North Star Insurance in Seattle. 800-605-4655. Akfisher is right, get the polution protection and if you bring on a crewman purchase the P&I for the season, you will sleep better at night.