Boat Insurance Coverage

Coverage of a watercraft can range from total replacement of the vessel if destroyed, to personal liability coverage, and everything in between. When deciding on what policy is right for you, consider what your needs and risks are, and how much you are willing to spend to protect them.

Full coverage boat insurance is the safest route for the boat owner who wants to insure his valuable property. With full coverage the boat owner can opt to ensure the cost of replacing the vessel if it is totally destroyed. Coverage can also include damages to either the boats structure, or engine. Coverage for loss or damage to personal property while on the vessel may also be included. Other options can include injury protection, salvage or wreck removal, loss of use reimbursement, towing costs, and even investigative services.

Liability insurance covers you in the case of accident responsibility. Generally a boat owner can choose either boat liability, also known as indemnity insurance, which will cover only damages done by the vessel, or personal liability, which will cover damages done by the boat owner, regardless of where or how they occur.

While liability insurance is generally the least expensive, it is important to remember that it will only cover the cost of damages/repairs to third parties. Your own property is not covered under liability insurance. In this way, even though liability insurance often appears to be the most inexpensive option for the boat owner, if the vessel were to be destroyed, the cost of replacement would far out weigh the savings on premiums.

A boat like the Louvre pyramid

The Monaco Yacht Show never disappoints. The best example of megayachts per square meter in the world has this week in Port Hercules the latest developments in the nautical industry for more than 30,000 professionals.

This edition highlights especially the project developed by Mercedes Benz Silver Arrows Style and Marine (SAM). It is a 14 meters boat  that combines the classic designs of the sports car brand with innovative features hitherto unknown in the nautical industry.

The project is coordinated by the prestigious designers Martin Francis  and Tommaso Spadolini. They are the same engineers involved in the construction of mega yachts as Andrei Melnichenko A or the glass pyramid of the Louvre Museum in Paris.

It is estimated that the boat will go on sale for a price of around one million euros.

Volvo Ocean Race says goodbye to Lisbon

The six boats arrived in Lisbon on May 31 in what was the debut of the Volvo Ocean Race in Portugal.

After 11 days in the portuguese capital, the teams dropped this afternoon towards the next stage which will take place in Lorient, France.

 Yesterday the ship Groupama won the inshore race of Lisbon putting the lead up that had over other teams.

In the overall standings, Groupama leads with 189 points, Telefonica is second with 181, Puma has 176, CAMPER 166, 107 Abu Dhabi 107 and Sanya 34.

 Luís Figo former soccer player lived a unique experience when jump from Abu Dhabi to the river Tagus before the UAE sailboat leave Portugal.

 In Lisbon goodbye the yachts passed in front of the school ship Sagres which, 'welcomed' the thousands of people who were on the river. The Volvo Ocean Race will finish on July 7 with tthe race inshore in Galway, Ireland.

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Found remains of a British boat Momoar

A U.S. company specializing in the recovery of shipwrecks said he found the remains of a British ship believed to be carrying a huge load of money when it was torpedoed during the First World War.

What remains of the SS Mantola is sunk about two thousand meters in the North Atlantic, off the coast of Ireland.

The papers suggest that silver is now worth aboard some 19 million dollars.

It is the second important finding in the area for the salvage company Odyssey Marine Exploration. Last month he found a wreck of the Second World War, which is believed to contain 200 tons of silver, worth more than one hundred million dollars.

New Boats pictures

Boats

Inflatable boats

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Fishing  Boats

Sea ray boats

Radio Control Boats

New Luxury Boats Review

A luxury Boats builder has reduced its workforce by a quarter as it invests $300,000 in a new computerised cutting and milling machine.

Marchwood-based Discovery Yachts said it had laid off 20 staff who had come to the end of fixed-term contracts started earlier this year and let eight permanent staff go.

It insisted that the cuts were due to the “natural peaks and troughs of the boatbuilding cycle”.

The company, which builds about ten of its £800,000 to $ 3m blue-water cruising yachts each year, said that it was scaling down after delivering three new boats in September.
It has retained more than 70 staff and has four Discovery 55s in production and is about to start the first of its new design Discovery 57s, announced at the recent PSP Southampton Boat Show .

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3 world's most popular ships

3 world's most popular ships according to the magazine Cruise Critic:

1) Oasis of the Seas, from Royal Caribbean International

Opened in 2009 and with a capacity for 5,400 passengers, Oasis of the Seas is the largest The liner is considered a revolution in design, and magazine highlights the existence of an outdoor theater, the AquaTheater.


The publication also draws attention to a corridor outdoors to the fullest extent of the boat and indoor surf simulator.



2) Allure of the Seas, from Royal Caribbean International

From the same class of Oasis and with the same passenger capacity, the Allure of the Seas is younger than his brother.


The review highlights that both offer unique services but that Allura includes unique features, like the first Starbucks onboard a cruise, a snack bar exclusive for hot dogs and a Broadway show.



3) Carnival Dream, from Carnival Cruises

The Carnival Dream, Carnival Cruise Line's, has capacity for 3646 passengers and was opened in 2009.

According to Cruise Critic, an intriguing blend craft and inventive blend of ancient ships, as Cove Balconies and Ocean Plaza, and an outdoor space with pools and comfortable chairs.