It's not fuel prices that's going to kill the boat market
On Thu, 24 Aug 2006 23:13:49 GMT, "NOYB" wrote:
Insurance companies won't insure for more than $100k on boats 30' or more in
length.
Depends on the insurance company, there are obviously many insured
boats over 30 ft and $100K residing in SWFL, mine among them. Not to
say that insurance isn't an issue, it is. Our premiums just went up
$1K per year for no reason other than residing here, and we did have
some difficulty getting insurance even before Charlie and the others.
My advice would be to check with some of the yacht insurance brokers
in Ft Lauderdale. You may not like their rates or restrictions but
they can almost always find a policy for you.
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