Getting into boating can be a cost-effective way to save money while living on the water. While it is key to get the current generation into boating, according to Boating Industry, there are some things that can’t be solved, such as student debt. Though there’s no aid for your student debt, there’s assistance for your yacht club and marina insurance. Mariners Insurance has you covered every step of the way. Living aboard can save on some serious cash, especially when it comes down to the fees you will be responsible for. It’s cheaper than you think to park you boat in a marina. Here’s a list, courtesy of Monterey Boats, of some benefits of using a marina:
- Security is a Priority – Marinas happen to be one of the safest places to store your boat, so don’t worry about your assets here. Marinas have a basic level of security offered, such as security cameras or a gate surrounding the property. On top of that, there’s going to almost always be someone watching the area, such as an attendant. Therefore you know that you can leave your boat and belongings for an extended period of time without having to worry. When securing your boat there, you’re leaving it in a really safe place. If you want marina storage, there’s also a possibility of receiving insurance benefits from it.
- Your Living Expenses Will Be Reduced – As we covered in an earlier blog, it can be less expensive to live on your boat. An enticing option for those with wanderlust, retirees, or those who travel for a living, living abroad can be easy as long as you keep track of all of your expenses, which include things like marina fees, maintenance costs, applicable taxes, insurance, depreciation and more. When kept in check, living on the water can be the most attractive option. Even millennials can get behind this, with many wanting to quell the desire to travel. It’s the perfect lifestyle, living conveniently on the go.
- Your Insurance Covers Just About Everything – Mariners Insurance offers hull and liability coverage, chartering, regatta liability, member property and grounds coverage for marina and yacht club insurance. Sailing school training is also available. Whatever your need is, you’re covered. There are other coverages available, including pollution and oil spill coverage, workers’ compensation, Jones act coverage for those working on the water and more.
It has been found that younger generations want to do the things that the generations before them have done, including boating. When it comes down to purchasing a houseboat, have no qualms when leaving it in a marina. A safe place for your belongings and assets, there’s plenty of benefits of using a marina, including marina insurance offered by Mariners Insurance.
About Mariners Insurance
Mariners General Insurance Group was founded in 1959 to protect boat owners and marine business clients. We are marine insurance experts and insure boats worldwide – in every ocean on the planet. Marine insurance is critical if you own a boat or nautical business. Trust the professionals with all of your Boat Insurance needs – trust Mariners Insurance. Call us at (800) 992-4443 any time you have questions or concerns about insurance for your vessel or marine business.