Global Marine Insurance: Life Jackets for Kids
Life jackets are often taken for granted, but they are a key to protecting boaters. For non-profit organizations keeping young boaters in quality life jackets that fit properly each year can be a challenge. Thanks to donations made by the Boat US Foundation and lobbying by Global Marine Insurance several Traverse City youth foundations won’t have to worry about keeping their young boaters afloat this year. Global Marine Insurance was able to distribute 130 life jackets to local youth organizations including Traverse Area Community Sailing (TACS), Maritime Heritage Alliance and Seas Education Association.
Global Marine Insurance: Help Michigan Boating & Our Planet
The Michigan Boating Industries Association is now calling on you to help raise money and save the planet. No you don’t have to be a superhero to help, in fact it’s much easier than peddling candy bars and far more fun than shlepping coupon books. All you have to do is collect old electronics to be recycled and mail them to Planet Green. If you don’t have any you could also help by buying remanufactured printer ink from Planet Green. Either way you will do something good for the environment and the MBIA will receive a check.
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: Charter Boat Insurance
Due to this broad interpretation of the law charter boat owners need to carry two types of coverage. The first is Hull and Machinery, which includes the boat and its attached parts. The second is Protection and Indemnity (P&I), liability coverage. The reason for having Hull and Machinery coverage is to get your boat operational again and P&I insurance is for protect your assets if you are sued over an injury.
Global Marine Insurance: Reasons to Use a Yacht Broker
One benefit of working with a yacht broker is that they will be familiar with boat insurance rates and the type of onboard features that can drive them down. If you are buying a vessel this advice will be invaluable in terms of running costs, because a broker will also point out any ‘red flag’ features that could be expensive. Of course you will want to work closely with a specialized boat insurance company that can provide you boat insurance quotes on different yachts you are considering.
Global Marine Insurance: Boat Auction Tips
Similar to car auctions, you need to be fairly knowledgeable on the subject if you are to pick up the best deals. If you’re not, take someone along with you who knows what they are talking about. One of the biggest dangers is that you may not know the complete history of the vessel and unfortunately people that know their boat is going to be repossessed are more likely to ignore critical maintenance. You should consider getting a survey done on the boat in order to uncover any hidden damage. There is always the possibility, with used boats, that they are worth considerably less than what you pay or that the cost of repairs will outstrip the purchase price.
Global Marine Insurance: Used Boat Shopping Tips
When buying a used boat, just as when purchasing a used car, there are several basic points to remember, including the fact that boat insurance rates vary, depending on the type of craft being purchased. Be sure to check the boat out in order to avoid landing yourself with a bad investment or worse still, a dangerous craft that could leave you stranded on the water.
Global Marine Insurance: August 2012 Boat Shows & Auctions
If you are waiting for August to get a great deal on a 2012 model boat or eager to attend a large boat show and see everything that there is to choose from these are some excellent events to consider.
Global Marine Insurance: Things to Know Before You Go Boating
Before you boat there are a few things you should know including what condition your boat is in, what the forecast is, where safety items on the boat are located, if your passengers can swim, the maximum capacity and familiarity with the area where you will be boating. Taking the time to complete these simple steps can ensure that you will have a great boating experience. Here are some tips to help you brush up on the things you need to know before you boat.
Global Marine Insurance: July Boat Shows
Interested in checking out some of the boat shows or festivals this summer? Many of the industries biggest boat shows are in the off season but there are still a lot of great small town boat shows held in the summer and even a few large international shows that are worth making the trip for. […]