Spring Boating Checklist
As the days grow longer and warmer, the call of the open water is hard to resist. But preparing for a new boating season involves more than just dusting off your vessel and glancing at your insurance policy. Here’s a comprehensive guide to ensure you’re fully ready for your upcoming adventures. Boat Maintenance Whether you’re […]
Best Fall Boating Destinations
You may have already started your Christmas shopping but winter doesn’t officially begin until December 21st, if you want to go on another boating trip before the cold winter weather settles in then you should try visiting some great destinations. Before you travel, you should contact your boat insurance company and ensure your policy covers […]
Deciphering Boat Insurance Quotes
How do you decipher boat insurance quotes? No one wants to file a claim, but what’s worse is filing a claim only to find out you purchased the wrong boat insurance policy. Here’s our quick and easy guide to interpreting the basics of your boat insurance quotes: Third party liability – this means the coverage […]
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: 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: Buying Your First Boat
Buying a boat is an exciting time, but it could easily become one of the biggest investments you will make besides your house, so it’s a good idea to bear a few things in mind before you set off for the showroom, auction or craigslist. Here’s some food for thought while you look for your […]
Global Marine Insurance: Top Boating Destinations Part 2
There are so many fantastic boating vacation destinations we couldn’t possibly mention them all in one article so we have decided to create a short series so that we can share all of our favorites with you.
Global Marine Insurance: Boat Insurance Coverage Terminology
Boat insurance coverage terminology can be confusing and understanding it can mean the difference between having the boat insurance coverage you need, and an accident that may not be completely covered. Although, boat insurance coverage can be complicated Global Marine Insurance Agency is here to take the mystery out of choosing the best boat insurance coverage and finding the best boat insurance rates for you.