What are the pitfalls of marine insurance.? - marine insurance online
Especially if a significant amount of my savings on a live aboard the ship, which means I have to protect myself, or I find myself homeless. But paying insurance if I lose my boat. Will it fulfill my responsibility towards the environment and so on. Who are the insurance companies reliable?
Thursday, January 7, 2010
Marine Insurance Online What Are The Pitfalls Of Marine Insurance.?
2 comments:
The main pitfall is Underwriting, of course ... not.
Cat38ski gave good information. My suggestion is a list of questions that you want to respond and then let the fingers begin to access on foot or on the Internet and ask the same question after creating all. Then you take the time to compare them against each other and make a decision.
We are in the Washington area and we found that this National Marine Underwriters gave us better coverage than BoatUS and a considerable amount less. But I have heard that in other areas, quite the contrary.
Do not tell me you are sailing. If you live in a hurricane area be sure to ask what is intended to cover the company in a storm. Also ask if they have specific instructions about what to do if in a region. BoatUS apparently wants to reduce the boat from the water or cover. Popularity Navy responsible for the areas vulnerable to hurricanes, but you cut on the borders of Carolina, SN. BoatUS think they are heading north. DefinitionTely something to see whether they are for your area.
Good luck.
The short answer is yes, you can cover your boat through the entire loss.
We live on board. Our insurance covers the replacement of the boat depending on the value of the most recent survey identified a number of possessions. It requires an investigation and evaluation of the investigation. When you survey previous years, the preparation for the ongoing maintenance and evaluation of the boat. The liability insurance is required by most ports.
I'm going to risk opening a Pandora's box and assurance that I the best coverage (Bang) dollars to our ship and the area is planned to have found from BoatUS.
Remember to ask, whether the limits of your policy where you can take a boat. Many companies will not apply to you, at sea or in unprotected waters.
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