Generally, the annual premium costs around 1.5% - 2% of the "declared" hull value. So if you declare your vessel to be worth $100,000 the annual premium is around $2,000 for normal private use. Charter coverage is slightly higher. You may need a recent survey on the boat and insurance companies wants to see the "declared value" within 20% of the "appraised value" noted on the survey.

2. Can You Arrange Delivery of the Yacht and What Does That Cost?

We can refer you to reputable, cost-effective delivery companies. Beware of dealing with companies who have been in business less than 1-3 years. Usually the cheapest method is to deliver the boat "on her own bottom". The delivery companies try to get $4/mile but you can sometimes negotiate them down to $3/mile on an "all-inclusive" basis. The only other charges for your account should be extraordinary repairs and extra fuel or port charges if the crew must make extra stops on the way. If you prefer to load your boat on a freighter as "deck cargo" it usually costs 20% - 90% more, especially after you "factor-in" loading and unloading charges. If you have delivery by truck this can often be the most affordable fro smaller vesselsthe pack-up and unpacking charges can be considerable unless you "do it yourself". Beware of the delivery skippers advertising in the back of some publications. They have "tricky" contracts and they quote a low initial price but they charge a variable day-rate that can end up costing a fortune especially if the boat needs repairs along the way. We recommend steering a wide-course around these "modern-day pirates".

Occasionally we have qualified sailing schools who will deliver your boat for free if you allow them to use your boat for instructional purposes. Ask your broker about this.

3. What About Osmotic Blistering on Fiberglass Boats?

Almost all makes of fiberglass boats get blisters at some point in their life. You should rely on your surveyor to advise you about the severity of blistering on your boat. Blisters are primarily a result of the type of resins used in manufacturing, the conditions present when the hull was laid-up.

Generally, the small, shallow 1" or less (in diameter) blisters are viewed as cosmetic defects. When they become very large (3" plus) and penetrate several layers of laminate then they can be regarded as a structural problem. The cosmetic types can be fixed for around $10/blister. If there are structurally threatening blisters then a bottom-peal may be required which costs substantially more. Remember, all wooden boats rot, metal boats get electrolysis and fiberglass boats get blisters eventually.