I am hoping to buy a blue water
capable boat and have lots of questions. I have experience on powered fishing
boats from my youth and a fair amount of sailing experience on small sailboats on lakes and estuaries but very little open ocean experience. I recently retired and want to fulfil my lifetime dream of living on my own sailboat. I would like to do some chartering to help defray ongoing expenses. I am hoping to have a budget
of about $25,000 for the boat and am working on the budget
for additional expenses. The main thing I am having trouble estimating before actually having the boat is the insurance
cost. I would appreciate any and all help with estimating likely insurance
costs as well as advice on picking a boat.