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Old 19-07-2022, 04:01   #1
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Location: Vigo, Spain
Boat: Vancouver 27'
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Insurance opinion please.

1) I CAN get Liability

2) I MAY be able to get replacement/value insurance with a 205 euro VIDEO inspection.

Do I just grab the liability or pay for the inspection?

Insurance agent warns my cost will likely be high (700-900 year)

Boat is a 39 year old Vancouver 27 with a market value of about $30,000.

I would appreciate your personal take on the economics of this decision.
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Old 19-07-2022, 04:11   #2
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pirate Re: Insurance opinion please.

If you trust your abilities and the boat.. Liability.
Otherwise go for full cover if you can't walk away with the loss and still grin.. ruefully..

It was a dark and stormy night and the captain of the ship said.. "Hey Jim, spin us a yarn." and the yarn began like this.. "It was a dark and stormy night.."
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insurance, lease

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