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Forum: Dollars & Cents 05-08-2018, 14:44
Replies: 9
Views: 2,074
Posted By boatpoker
Re: Canada boat insurance

Well .... it tells them that your lousy propane system, wonky steering gear, corroded chainplates, leaking electrical system etc. are not a good risk because they'll have to pay for all the other...
Forum: Dollars & Cents 05-08-2018, 12:55
Replies: 9
Views: 2,074
Posted By boatpoker
Re: Canada boat insurance

mmmh .... liability ...... maybe because they'd be liable ?

eg. a couple of hundred thousand dollars for environmental cleanup and fines when some POS boat sinks.

or if someones decrepit...
Forum: Dollars & Cents 05-08-2018, 08:41
Replies: 9
Views: 2,074
Posted By boatpoker
Re: Canada boat insurance

No, this is not normal for a Marine Underwriter. What responsible underwriter would insure a 30yr. old, 41' boat without an understanding of the risk. Good luck collecting on a claim from a company...
Forum: Dollars & Cents 05-08-2018, 07:23
Replies: 9
Views: 2,074
Posted By boatpoker
Re: Canada boat insurance

The insurance world has changed dramatically over the last 10yrs. Policies between underwriters can be wildly different with surprising differences in premiums. Read all the small print.

The...
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