Originally Posted by codprawn
What's all this about insurance? How many people would bother for a little SIB??? I have a Quicksilver 3.1 with a 15hp 4 stroke - I can launch anywhere I like with no hassle as it isn't considered a "real" boat. Our local council are really hot on such matters but I come under the HP limit to need to show insurance.
Do people bother with insurance for cycling or canoing or body boarding??? Next people will think you need insurance for roller blading and using a pogo stick!!!
The general idea is you insure anything you can't afford to replace, or where it might cause damage to someone else you can't afford to repair make good. The cost of losing your sib through theft or damage may be insignificant to you but appreciable to others. There are places you would need to show insurance even for your little sib - just obviously not in wales.
Probably the main argument for insurance is the damage or "injury" you might cause someone else. In this increasingly litigous world, with accident chasing lawyers, even your own crew might end up sueing you! That worries me less than the hole I might
put in the side of someones gin palace.
It is actually quite common to insure both canoes and bikes against theft, and normally for 3rd party risks too. This is particularly common if the person is serious about the sport, member of club, or has expensive gear. I can't comment on body boarding. Bike and canoe policies typically cost £20-150 depending upon value, usage, risks covered etc.
FYI - i have neither a bike nor canoe - so no need to insure them. I used to have a bike but used it so little to justify not insuring it (the remaining time it was covered under my home contents policy). I know people who have insured both bikes and canoes.
You will be horrified to hear that google reveals there are policies available for rollerblading (e.g. https://www.sportscoverdirect.com/ac...=1&sportid=139
) although I couldn't find pogostick insurance!