"Curtis CCR" wrote in message
om...
"Falky foo" wrote in message
om...
Hi, I'm planning on buying a very inexpensive ~26 foot sail boat. I
know
most marinas require some sort of insurance, right? How about transient
anchorages, moorings, etc run by the county/state? The boat is so
inexpensive that I wouldn't really care if it were a complete loss, so
the
only insurance I'd get would be that which is required. Is that
liability
insurance? Is there some sort of standard liability insurance or
something
else super cheap? Thanks!

As others have mentioned, you may have trouble getting a liability
only policy on a boat. It shouldn't be that way, but it is (just
business). I would inquire about a rider on a my homeowners policy.
OR look at a minimal package that covers a low agreed hull value, or
fair market value.

I have more than adequate liability and FMV coverage for the hull for
my baby jetboat (a Sea-Doo) and it cost less than $150 per year
(BOAT/US). Note that the jetboat is on a trailer in my garage most of
the time. But even my old 36' Chris Craft, kept in a slip, gets full
coverage (agreed value @ $30,000) for $350. A homeowners insurance
rider on a small inexpensive boat will probably be a two-figure annual
expense. (note that my homeowners insurance, State Farm, would not do
a rider for either boat, but they do offer boat insurance - though
they are pricey).

I have never been required to show proof of insurance at any transient
dock/mooring for either boat. My home marina requires me to have
liability insurance with a certificate making the marina 'named
insured'. This is not an unusual requirement.

Moss Landing requires proof of insurance for overnight ties. Since he has
no assets, he needs no insurance. Way of the world. If he is in school and
has a future big earning capability he needs insurance. Is a major
complaint of mine. If I run into an uninsured motorist and cripple him, he
gets a couple of million from me and my insurance company. But if he does
the same to me, I get what my uninsured motorist policy provides. My cure
for the liability crises is that you can sue for the amount of liability
insurance you carry. You can get direct medical costs covered by the
insured person, but no pain and suffering, no lost wages.