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From: Al Golden (no email)
Date: Tue Aug 24 1999 - 09:21:07 EDT
>One cost some wood boat owners forget to mention is the exorbitant cost of
>insurance. We insure our plastic Freedom 39 that is valued at over 100K for
>a couple of hundred dollars LESS per year than our friend with a similar
>sized wood sailboat valued at 20K. His coverage also restricts him to
>sailing within the Bay.
That's ridiculous! There's no difference whatever among the insurance rates
or conditions for various building materials. There are, however, many
other factors which may affect the final premium such as new replacement
cost, equipment, nav area, lay-up period, etc, etc.
Al Golden
International Marine Insurance Services
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