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Insurance and Financing
Insurance on the water is similar to that for road travel. If you buy a boat you will likely want to insure it against both third party damage and the boat itself.
For boat insurance, you can contact these Sail America members:
Ace Recreational Marine Insurance
Falvey Yacht Insurance
Global Marine Insurance Agency
Mack Insurance Associates
Twin Rivers Marine Insurance Agency
If you are sailing on someone else’s boat they will most likely have public liability insurance that may cover you, but check beforehand. Generally it is a pre-requisite for boats in races.
Financing a Boat
Check in with these Sail America members for ways to finance your new boat.
Bank of America
Essex Credit/Newport Beach
SBG Finance NA, Inc.
Scott Financial Services
SunTrust Bank, Inc.
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