Not specific to this particular boat, but where I live you have to have proof of insurance in order to moor a boat. To get insurance you usually have to have a recent survey.
When buying any boat, the survey becomes your "road map" for near-future repairs and upgrades, and is a really good idea to have this.
Having said all that, some boaters with inexpensive boats often insure them thru their house/vehicle policy. Those insurers often seem uninterested in the condition of the vessel, and may not require a survey.
Just be certain that whatever policy you get will cover "wreck removal" and "pollution abatement", because both of these will be multiples of 10K $ if your boat ever sinks. If your boat sinks, the USGC will just call in salvors to remove it and start the $$ meter running. :0
The USCG will not wait for you to make an arrangement and engage in back-n-forth phone calls. The fuel sheen on the water and the submerged boat are all they are interested in.
(I manage our YC moorage and proof of insurance is required here and at all nearby marinas. There have been several disastrous fires and sinkings nearby in the last several years.)
Your proposed purchase sounds like a good boat for the dollar, BTW.
Regards,
Loren
When buying any boat, the survey becomes your "road map" for near-future repairs and upgrades, and is a really good idea to have this.
Having said all that, some boaters with inexpensive boats often insure them thru their house/vehicle policy. Those insurers often seem uninterested in the condition of the vessel, and may not require a survey.
Just be certain that whatever policy you get will cover "wreck removal" and "pollution abatement", because both of these will be multiples of 10K $ if your boat ever sinks. If your boat sinks, the USGC will just call in salvors to remove it and start the $$ meter running. :0
The USCG will not wait for you to make an arrangement and engage in back-n-forth phone calls. The fuel sheen on the water and the submerged boat are all they are interested in.
(I manage our YC moorage and proof of insurance is required here and at all nearby marinas. There have been several disastrous fires and sinkings nearby in the last several years.)
Your proposed purchase sounds like a good boat for the dollar, BTW.
Regards,
Loren