To the OP -- you may not want to get hull insurance
, but you should at least get liability insurance
. Many places you'll want to go (most boatyards
, for example) require that you carry minimum liability insurance. Not to mention that you might be okay working on your own boat, but if you damage someone else's, they may require your cash, not your labor, to fix it.
You may be very handy, and have skilled labor at your disposal, but I'd wager that this project
, if you undertake it, will be much larger and much more expensive than you're thinking. If you're sold on live-aboard, and sailing doesn't matter to you, you can find a run-down fiberglass
powerboat in the 50foot range for dirt. At least it'll float.
To avb3, like the others, I would strongly advise against this project
-- but draft
wouldn't be one of the reasons. Many areas are out-of-bounds to boats with draft
like that (11'6), but if I read correctly he plans to keep it in New England
. While not every harbor/channel provides 11'6 at low tide, there are oodles of places to go/stay in New England
with a draft like that.