Boat Insurance: An Essential Guide - YachtWorld
https://www.yachtworld.com/research/boat-insurance-an-essential-guide/
WEBMar 4, 2024 · Boat insurance costs approximately 1.5% of the boat’s total value annually. For example, a boat worth $20,000 would cost roughly $300/year to insure, while a yacht worth $200,000 could be more like $3,000 to insure. According to a MarketWatch report published in December 2022, the average cost of boat insurance last year ranged from …
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