Pretty thin Liam
T bone a 50' burn the marina to athe ground, catch fire to nuclear warheads, then Amagedden sets in? Could get struck by lightening but I have no specific insurance for that. I use to run with a basic liability policy, most cruisers do as off-shore is quite expensive and an experienced crew of three is required normally etc + the fact that if it has occasion to pay off you would likely be dead anyway so why bother? Nowdays you would be foolish not to get some basic P&I. Reason? If your vessel sinks at your slip in the marina, this kind of thing does happen, you are liable for the salvage, disposal AND the POLLUTION Clean Up! Which is a biggie these days. 300K liablity + P&I with the marina as an insured on the policy is a minimum. Homeowners (homebuyers) is pretty worthless as good marine insurance.
T bone a 50' burn the marina to athe ground, catch fire to nuclear warheads, then Amagedden sets in? Could get struck by lightening but I have no specific insurance for that. I use to run with a basic liability policy, most cruisers do as off-shore is quite expensive and an experienced crew of three is required normally etc + the fact that if it has occasion to pay off you would likely be dead anyway so why bother? Nowdays you would be foolish not to get some basic P&I. Reason? If your vessel sinks at your slip in the marina, this kind of thing does happen, you are liable for the salvage, disposal AND the POLLUTION Clean Up! Which is a biggie these days. 300K liablity + P&I with the marina as an insured on the policy is a minimum. Homeowners (homebuyers) is pretty worthless as good marine insurance.
