Originally Posted by GTom
Without digging deep in the story of the Dove II, I suspect they had just a liability insurance as most boaters.
See I'd bet they had insurance, but it didn't cover the crossing.
I'd bet they didn't get insurance due to the cost, which is from my understanding pretty high.
insurance only covers me I think 50 miles offshore
, I have it that way as its cheaper and if I will go further than 50 miles, I just call the insurance Co and they change it to what I need and of course bill me, but being a weekend warrior and only having a two week vacation
once a year, I don't need more.
I can see if maybe that if they were in a relatively new to them boat
and maybe if they had not been insured for years and are now wanting insurance to cover a crossing it may be prohibitively expensive, so if so you have two options, don't go, or take the risk.
I would have taken the risk myself.
I can only hope that a large sum of money
is not owed on the boat
Years ago I used to race
SCCA SSC, which was Chevrolet Vega's and Renault R5's. I remember a guy that had totaled his R5, he was standing by the wreck and he told me, just think 30 more payments and it's mine. He had full coverage insurance as he had borrowed money
on the car, of course it didn't cover racing