According to a report in the Telegraph, the only sure fire way to avoid a maritime disaster when buying a boat is to get a yacht survey done but more importantly, obtain boat insurance.
Yacht Insurance: Don’t Get that Sinking Feeling
Buying a boat is often a hefty financial commitment and you would never make such a commitment on other commodities without ensuring they were fully protected; boats and yachts are no different. According to a report in the Telegraph, more and more people are seeking a bit of freedom out on the open waves but experts are warning of the importance of taking out boat insurance on any vessel you wish to purchase in order to ensure it is covered in the event of an accident or damage. Boat insurance is not something to take lightly, you need to seek expert advice from companies specialising in yacht insurance. Boat insurance from Towergate and other specialists can ensure you find an insurance policy to suit you.
Getting Your Sea Legs – Yacht Surveys
According to the report in the Telegraph, the Royal Yachting Association (RYA) stresses the importance of getting a marine consultant to carry out a boat survey for anyone thinking of purchasing a yacht. The very nature of boat travel means that vessels are susceptible to damage and general wear and tear, which is why a yacht survey and boat insurance are an imperative step when making a purchase. Speaking to the Telegraph, Mandy Peters of RYA states, “With regard to a second-hand boat, the onus is completely on the buyer to ensure that the boat he or she is buying is in a satisfactory condition, or that they are fully aware of the condition of the boat, prior to completing the sale.” This just goes to show the importance of a boat survey as a marine consultant will be able to spot any flaws in a vessel’s structure and give advice on the costs of repair. Should anything go awry with your second hand boat, yacht insurance will be there to cover you.
Boat Safety – Better Safe Than Sorry
Safety should be of paramount importance when taking any vessel out to sea; which is why, particularly if you’re a relative newcomer to sailing, you should take out boat insurance to ensure that any vessel that you purchase doesn’t leave you with any nasty surprises lying in store. The cost of yacht insurance will often depend on the size of your yacht, its current value, where it is docked and where you choose to sail it.