Originally Posted by bobsadler
i think a lot depends on where you are taking out insurance and who you are (or more exactly who your boat is).
my insurer would not insure my boat while it was on the u.s. register (and it didn't matter where the boat was located) but, once off the u.s. register, the cost of the insurance p.a. was around 3% of the insured value.
the reason they gave for their position was the degree of litigation in the u.s.
at 3% it doesn't seem unreasonable.
just curious what you mean by "on the US register.
I am looking to buy a boat soon, i am based in london and will be in Florida
soon to look for a boat. been looking into the insurance thing as i want to sail it back to the med. anyway just wondering what you meant by being on/off US register.