Excuse me. Insurance companies are profit centers. If one has paid cash
then the decision to buy hull insurance depends on one's fortitude.
(Liability insurance is a different matter.)

I haven't looked into the premiums for boats, but on my aircraft I figure
I've saved over $5,000 over the last ten years by self-insuring. While it
might have been possible to get reimbursement for hanger rash and dings, it
was too painful a prospect to consider compared to paying a hundred or two
for a replacement wing tip. I'd expect the hassle factor to be even higher
for a home-built boat or one on which the owner/claimant had done
significant work. (Pre-existing damage????)

Does your insurance really inspect your boat regularly to make sure you are
caring for it properly?

Roger

http://home.earthlink.net/~derbyrm

"DSK" wrote in message
...
snip
But you have a good point, not all storm damage is going to be documented.
Personally, I wouldn't buy a boat from a guy who was
too cheap or too stupid to have it insured, because IMHO it's almost
a guarantee that he didn't take good care of it.

snip

Y'know this has wandered quite far from the original question.

Fresh Breezes- Doug King