BoatBanter.com - View Single Post - Motor upgrade

On 20 Sep 2003 20:18:37 GMT, ospam (F330 GT) wrote:

In 30+ years of boating, the only time I've ever had boat insurance was when
I
had a 44' charter boat. I can't think of any of my friends that have ever
had
boat insurance either, unless their boat was financed. Then it was because
the
finace comapny required it. An trust me, I grew up on an island where
everybody
had boats.

Barry

No problem if you want to risk losing your house, etc.

Maybe that's just one of the joys of living in Florida. You won't lose your
house or your 401K. It's all protected. I guess that's why OJ lives here now.

Maybe it also helps that I feel competent enough to use my boat without running
into anybody. The only insurance claim I've ever had was when a sailboat took
out the bow pulpit on my 44' Whiticar. My boat was docked at the time. His
insurance paid for it. (That was my only boat that was insured)

With the 30+ years of insurance I've saved I bet I could buy a real nice boat.

But, feel free to insure your's. I'm not knocking you. I just find it
interesting that there is so much interest in insurance by people that mostly
live up North and away from the water. Whereas, here in South Florida, most
people that have small boats (25' or less) don't even think about boat
insurance.

I should mention that a goodly percentage of drivers on our highways don't
think about insurance either. That's another story...

Barry