Hi. Newby question. I've searched but can't find an answer.
I'm looking at buying
my first boat
, and as soon as I do I'll move onto it, ideally in the med, and spend a few months getting used to living on it. If I like it as much as I think I will I'll continue to live on it full time, but not based out of one spot.
I'm looking for insurance
quotes at the moment, and was thinking that would class me as a "liveaboard". But is that right? Now I have a doubt that liveaboard
is someone who lives out of a marina, or moored up in a canal
. Am I asking for the right cover? Maybe what I need is cruisers insurance
What if I change my mind and decide to only spend a few months onboard and then haul out
and continue the journey the following year?
Also I'm hoping to get down to Greece
. Is there a reason insurance asks you how far east you're planning on being? Is there increased risk the further E and S you go?
I want to describe my situation accurately, but don't want to use the wrong terminology that leads to a higher premium for the wrong coverage. Any help/advice/expeirence/links welcome.
I'm getting quotes that are about 1% of the value of the boat
. Does that seem right?