Cruisers & Sailing Forums - View Single Post - Buying in Another State

grunzster · 02-02-2009, 17:31

Actually it's already insured in my name. When I launch, I'll have to apply for an extension, since FL is outside the cruising area of my policy.

From the time the sales process started until it moves it will have been in FL for about 3 months and 2 weeks, maybe 3 weeks. Out of that time, only 6-7 weeks in the water.

I will obviously have to re-document to change the port and name, just wasn't sure if that mattered when it came to the other issues.

You'd REALLY think the lender could just answer these questions for me?

02-02-2009, 17:31	#6
grunzster Registered User Join Date: Nov 2008 Location: Highlands, NJ Boat: Gemini 105M, Grouchy Turtle Posts: 257	Actually it's already insured in my name. When I launch, I'll have to apply for an extension, since FL is outside the cruising area of my policy. From the time the sales process started until it moves it will have been in FL for about 3 months and 2 weeks, maybe 3 weeks. Out of that time, only 6-7 weeks in the water. I will obviously have to re-document to change the port and name, just wasn't sure if that mattered when it came to the other issues. You'd REALLY think the lender could just answer these questions for me?