Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Search this Thread Rate Thread Display Modes
Old 05-12-2019, 16:51   #1
Are you serious?
 
sailorboy1's Avatar

Join Date: Jul 2007
Location: currently in Boot Key/Marathon Fl
Boat: Hunter 410
Posts: 16,103
Insurance Companies Make No Sense

I currently have insurance that allows me to be in Florida, the Gulf of Mexico, and the Bahamas DURING hurricane season. Now I want to go the the Dominican Republic and spend hurricane season in Luperon, that has NEVER have a hurricane hit, and the insurance company ďcanítĒ provide coverage for this. Yet to me me this seems soooooo much less risk than spending the hurricane season right in the Gulf of Mexico in the hurricane zone that I did this year.

And some question why I donít include the boat as an asset. Itís because I need to figure I can just lose it and be ok financially.
__________________
jobless, houseless, clueless, living on a boat and cruising around somewhere
sailorboy1 is offline   Reply With Quote
Old 05-12-2019, 18:06   #2
Registered User

Join Date: Jul 2005
Location: Bellingham
Boat: Outbound 44
Posts: 8,020
Re: Insurance Companies Make No Sense

Not that it really makes sense, but the cost of recovery and repair in the DR is far higher than in the US.
Your US policy probably has fairly large named storm deductible.
__________________
Paul
Paul L is offline   Reply With Quote
Old 05-12-2019, 19:59   #3
Marine Service Provider

Join Date: Dec 2009
Location: St Augustine, FL
Boat: Woods Vardo 34 Cat
Posts: 3,308
Re: Insurance Companies Make No Sense

After a few weeks in the DR the actuarial tables will be clearer for you.

Not to say don't go, but don't take more than you're willing to lose
__________________
@mojomarine1
Boatguy30 is offline   Reply With Quote
Reply

Tags
insurance

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Problems with reverse gear, does it make sense to have two ooutboards. pskudlarski Engines and Propulsion Systems 17 05-11-2014 07:54
When Does Buying New Make Sense? BWB75 General Sailing Forum 26 18-05-2014 07:46
300W 36V panel with MPPT controller for a 12V bank: does it make sense? Wellington Electrical: Batteries, Generators & Solar 30 11-06-2013 21:01
Does this make sense? Doodles Anchoring & Mooring 3 12-06-2012 14:44
Can't Seem to Make Sense of Preheat Solenoid Resistor on Westerbeke 20B Two New Song Electrical: Batteries, Generators & Solar 2 08-04-2012 19:51

Advertise Here


All times are GMT -7. The time now is 20:30.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.