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2. 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 ...

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

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

   You can find used boats for less than $10,000. On average, new ones cost upwards of $40,000. ... Then, there’s insurance costs. Boat insurance rates typically equal 1.5 percent of the boat’s ...

4. Marine insurance - Wikipedia

   en.wikipedia.org/wiki/Marine_insurance

   General average stands apart for marine insurance. In order for general average to be properly declared, 1) there must be an event which is beyond the shipowner's control, which imperils the entire adventure; 2) there must be a voluntary sacrifice, 3) there must be something saved. The voluntary sacrifice might be the jettison of certain cargo ...

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. Inland marine insurance - Wikipedia

   en.wikipedia.org/wiki/Inland_marine_insurance

   Like ocean marine insurance, inland marine insurance has been traditionally less regulated in the United States. [3] Inland marine policies became known as "floaters" since the property to which coverage was originally extended was essentially "floating." The coverage has grown to include property that just involves an element of transportation.

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

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

   On average, owning a boat costs anywhere from $5,000 to $8,000 per year. If you want to join the 100 million Americans who go boating each year, you may be considering whether you should rent or ...