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  2. How much boat can I afford? 3 steps to calculate your budget

    www.aol.com/finance/much-boat-afford-3-steps...

    Boat prices vary depending on the model, make, size, features and condition. For instance, an 18- to 25-foot used pontoon can cost between $8,000 and $12,000 .

  3. How much does a boat cost to purchase and own? - AOL

    www.aol.com/finance/much-does-boat-cost-purchase...

    Boat insurance: It typically costs around 1 to 5 percent of the boat’s value. So, using the example above, the average annual cost of insurance for a $20,000 boat would be between $200 and ...

  4. Inland marine insurance - Wikipedia

    en.wikipedia.org/wiki/Inland_marine_insurance

    This led to marine insurers competing in the fire insurance marketplace against fire insurance companies. Ultimately, the National Association of Insurance Commissioners in the United States regulated the situation, adopting a Nationwide Marine Definition in 1933 which laid out what types of property were eligible for "inland marine" insurance ...

  5. Protection and indemnity insurance - Wikipedia

    en.wikipedia.org/wiki/Protection_and_indemnity...

    Protection and indemnity insurance, more commonly known as P&I insurance, is a form of mutual maritime insurance provided by a P&I club. [1] Whereas a marine insurance company provides "hull and machinery" cover for shipowners, and cargo cover for cargo owners, a P&I club provides cover for open-ended risks that traditional insurers are reluctant to insure.

  6. Marine insurance - Wikipedia

    en.wikipedia.org/wiki/Marine_insurance

    Increased Value (IV): Increased Value cover protects the shipowner against any difference between the insured value of the vessel and the market value of the vessel. Overdue insurance: This is a form of insurance now largely obsolete due to advances in communications. It was an early form of reinsurance and was bought by an insurer when a ship ...

  7. Should I buy a boat or rent one? Consider these factors - AOL

    www.aol.com/finance/buy-rent-boat-factors...

    However, boats, like cars and other vehicles, lose their value over time. Who buying is best for. Boat owners need to truly enjoy their boats. Otherwise, they may regret their purchase ...

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