Global Marine: Dangers of Exceeding Maximum Capacity
You can find a boat’s capacity limit in the owner’s manual and on a capacity plate in the boat, typically near the helm. However, if your boat is 25 feet or less there is an easy formula that allows you to estimate a boat’s maximum capacity. Simply multiply the boat length in feet times the boat width in feet and then divide that number by fifteen. Your answer will represent the number of people that can safely board your boat. This formula can be helpful for quick planning but remember it’s just an estimate. Make sure that you are familiar with the precise maximum capacity before leaving the dock.
Global Marine Insurance: Wake Boarders & Skiers: Winter Tips
For most people, playing outside during the summer makes staying in shape much easier than in the winter. In the colder months, many of us experience a decrease in muscle tone and shrinking clothing phenomena. As a water sport enthusiast it’s important to stay in shape during the off-season so that you can continue to hone your skills each year and avoid injury. Here are some tips for keeping fit this winter so you will be ready for spring water sports.
Global Marine Insurance: Boat Show Season – Top 5 Must See Shows
Every September, the Newport International Boat Show presents new powerboats and sailboats along with thousands of services and products from domestic and international exhibitors. Known for its relentless innovation, continued creativity, and distinguishing marine design, many boaters feel this show located in Newport, Rhode Island serves as the heartbeat to the boating industry.
Global Marine Insurance: Winterizing Your Ski Boat
When winter approaches it is time to put the boat away and begin the wait for the next warm season. Storage requires special preparation to prevent damage to a ski boat. Without proper winterization, storing your boat for long periods of time may cause the internal parts of the engine and transmission to rust due to a lack of lubrication. Also, if stored with water inside the bilge, engine cooling system, or heater in below-freezing temperatures major damage could result that will not be covered by your boat insurance policy.
Global Marine Insurance: Bermuda Challenge Boat Race
The Bermuda Challenge is an open ocean, high speed, long distance boat race emphasizing speed, safety, and the newest in fuel-efficient technologies and hull shapes. This enthralling event challenges boat builders and marine engineers to produce efficient and reliable vessels capable of accomplishing an arduous transit. Fuel management is critical in this race, since the logistics of the run do not allow for any refueling. Participants travel 673 nautical miles or 774 miles from the Statue of Liberty in New York City, New York to St. Georges, Bermuda where a sea buoy marks the end of the challenge.
Global Marine Insurance: Boat Safety: Strong Winds
Boat insurance protects one of the biggest investments you’ll ever make besides your home, but if you are caught in high winds your primary concern will be the safety of your passengers. Strong winds are not only dangerous to sailors, but for all boaters because they can create low visibility and high seas. These are ideal conditions for a collision, capsizing and flooding.
Global Marine Insurance: Sailing Safety
Owning a boat and learning how to sail can be fun and adventurous. While boat insurance coverage helps to protect you and your boat from damage and injury, there are also steps you can take do to improve your safety. If you regularly follow safe sailing guidelines you may even be able to use your safe boating record to lower your boat insurance premiums.
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.