I am back again... knock! knock!
One thing that I didn't see come up in this forum was boat insurance
. Buying a boat
with cash isn't a problem but buying a boat
and going through a financial bank or credit union could be almost impossible for a newbie. No full coverage no loan! All insurance
companies are going to ask if the owner has experience with a larger vessel. I say this because I went from a 36' sportfisherman to a 55' sportfisherman and was told that I needed 40 hours of a certified training
by a license
with proper ratings before the insurance company would even consider issuing me insurance policy. I luck out because I had taken and passed my written Captain's License
Test three months before and my Captain
license was sitting at the Regional Examination Office awaiting approval. Upon receiving my Captain's License I immediately had to send the insurance company a copy of my License...
Before anyone buys a boat
be sure insurance is available to you. Most marinas
in the Great Lakes
needs a copy of a current marine
policy. I image that is the custom almost everywhere in the USA?