Looking at wether to insure or not. Building a new catamaran
cost 1 mil usd.
Shall I insure it?
I donít insure anything except my house for burning down. Everything else I take the risk and itís saved me a lot of money
over the years.
They rely on peopleís fear factor and profit from it, sometimes you just have to back yourself.
Iíll get some quotes and weigh it up. Happy to third party ins as I understand lots of marinas
wonít let me in otherwise.
What has insurance
cost you guys compared to the value of your boat