Originally Posted by JacquiSydney
$80k damages?? How much is/was the boat worth? Seamanship aside - how often do we read of mishaps at sea ... and what do you know ... uninsured. is it me or does it seem that a disproportionate mumber of mishaps occur to uninsured vessels? $80k ? based on cost of my insurance thats a sailing life time of premiums. PS: I am not in insurance sales
Actually, I think that you will find that in the world of long-term cruisers ti is the other way around. Those without insurance have a much larger reason to NOT get in trouble, and for the most part, behave accordingly. For sure it influences one's decision about abandoning your floating home in times of emergency
. One tends to try to "self rescue" rather than lighting
up the EPIRB
at the first sign of adversity... or even the second sign!
We were dismasted in Insatiable I after 10 years of cruising. Cost a bundle to repair (after we got back to Australia
on our own) but we were still money
ahead compared to the 10 years of premiums for unlimited, short-handed off-shore cruising. Such coverage is always dear, and is often difficult to obtain at any cost.
Jim and Ann s/v Insatiable II lying Gladstone, Qld, Oz