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: Living on Your Sailboat – Pros & Cons
Expenses are another area that demand careful consideration typically when you purchase a yacht financing will allow you to pay for it over a maximum of twenty years vs. thirty years for a home. If you are trying to stretch out your payments this could make your month-to-month living expenses higher than a home that’s the same price. On the other hand boat insurance rates are often lower than home insurance and it’s likely that the property tax will be lower as well. Of course you should plan for maintenance expenses and depending on the age of your boat they could vary significantly. Older boats may cost less to purchase but their maintenance costs can be significantly higher than a new boat.
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: 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: August 2012 Boat Festival Vacations
If you are trying to sneak in a late family vacation these 2012 August boat shows and festivals will not disappoint. For the ultimate vacation fun you may want to consider bringing your boat or if the distance it too far charter a boat and enjoy a once in a lifetime adventure. If you are considering traveling with your boat this summer make sure to check with your boat insurance company to ensure that you have ample boat insurance coverage. Features like on water towing and roadside assistance are automatically included in some boat insurance policies but not all so it’s best to double check before hitting the road with your boat in tow.
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: 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: Safety Courses may Lower Your Boat Insurance Rates
A boating safety certificate provides proof of completing an approved boater safety course and never expires. Boater safety courses may cover boater terminology, important safety equipment, and familiarizing yourself with maritime laws among other things. Providing a certificate of completion from a class approved by the US Power Squadron or US Coast Guard to your boat insurance company may enable your boat insurance company to offer you lower boat insurance rates.
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.