Yacht: a Second Home Tax Deduction?
The ability to use your yacht as a second home tax deduction may be threatened by a move on the part of congress. Not everyone feels luxury boat owners should continue to collect deductions on the vessels themselves to the yacht insurance.
People Buy Boat Insurance but Don’t Wear Life Jackets
Every boater knows that safety is of the utmost importance. It is necessary not only to protect the lives and wellbeing of those on board the boat, but also to protect the owner’s investment in the boat and equipment itself. As such, responsible vessel owners purchase boat insurance to provide financial protection against injury and damage, and also insist that their passengers follow basic safety rules while on board. Despite these factors, however, a staggering number of individuals participate in boating and other water sports without wearing their life jackets.
Boat Insurance & Boating Accident – What to Do
Your boat insurance company should be there to help you with any insurance claims following an accident. But what are the things you need to know in the moments immediately after an accident on the water? What actions you take during the time of crisis can have a huge impact on the outcome of the […]
Boat Insurance News: Best Boating in Maine
Every summer thousands of boaters head to Maine for some of the very best boating in the United States. We’ve highlighted some great harbors in Maine to visit and a few things you won’t want to forget like reviewing the boat insurance before you hit the road.
Carefree Boating – Boat Insurance to Emergency Equipment
Getting out on the water with family and friends should be fun, building happy memories to last a lifetime. Here are some tips from finding boat insurance to filing a boat plan that will help make sure that your time on the water is without worry and leaves you with only good times to remember:
Safety & Boat Insurance for Teen Boaters
Young adults involved in boating will of course want to venture out on the water with their friends, but parents need to ensure teens are educated about boating safety. Just as with cars, teens can easily get carried away when boating. Drinking, overcrowding, failing to wear life jackets and horseplay can result in tragic – […]
Boat Shopping: From Insurance for a Boat, to Transporting
If you dream of buying a boat odds are you can find one that you can afford. The most important thing is to figure out a reasonable budget. Look at your current personal budget and determine what you can afford to spend on a recreational boat and then determine what items in addition to the boat (ex: boat insurance) you would need to purchase in order to enjoy your new toy.
Boat Insurance: Matt Rutherford Solo Sailing
Annapolis-based explorer and sailor Matt Rutherford was honored for his incredible solo journey circumnavigating North and South America aboard a sailboat. At first glance his accomplishment seems daring but when you take into consideration the dangerous northern waterways, his lack of modern equipment (and probably boat insurance) and his relentless endurance it is truly awe inspiring and a little terrifying.
Don’t Void Your Boat Insurance
Things That Can Void Your Boat Insurance Coverage Boat insurance is a wonderful thing. Knowing that you’re covered in the event of any damage or accident that may occur can really help you to relax and enjoy your time on the lake with your friends and family. However, there are a few things that can […]
Spring Trout Fishing from a Boat
The opening of trout season varies from state to state, but across the country, many anglers will agree that opening day marks the beginning of spring and the start of the boating season. Once the ice has melted, it’s time to bring your boat back into service and get ready for springtime trout fishing on […]