Global Marine Insurance: Live Aboard Boating – the Good & Bad
1. Expenses – As with everything else, it is very important to evaluate the real costs of living aboard a boat. It can be a lot cheaper than living in a house, but remember that you will have a number of essential expenses, such as boat insurance coverage. Draw up a list of outgoings and see whether they add up. In particular, make an informed estimate of maintenance costs, marina fees, taxes, depreciation, eating out probably much more often and boat insurance rates, which will vary depending on the type of vessel you own. Since boat insurance is a primary concern you may want to consider working with a company that specializes in boat insurance.
Global Marine Insurance: Jet Powered Boats – Pros & Cons
• Speed – Jet boats are known for their ability to move quickly.
• No sharp propeller in the water that can hurt swimmers.
• Shallow Draft and lack of a protruding propeller means that the boat can easily access shallow water, making them ideal for lake cruising and easier to get to and from shore. Jet boats are also less likely to hit stumps or rocks in the water.