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JohnM JohnM is offline
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First recorded activity by BoatBanter: Oct 2006
Posts: 48
Default Insurance for non resident

Sound like much the same as here. Thanks for your help Rosalie a few more
tees to cross and I'll get this crusade under way.

"Rosalie B." wrote in message
...
The short answer is:

Not if you pay cash.

Many people have no insurance. When it is required, it is usually a
bank or marina that require it.

The bank requires it to assure themselves that they are loaning money
on something viable, and that they won't lose it through sinking or
weather disaster, or just the insured running off somewhere and not
paying off the loan.

Marinas require it (usually for long term dockage) to insure
themselves against salvage costs if the boat sinks at the dock and/or
if the owner abandons it.

The Australian registration you will have to figure out from your end.