Many people who buy yachts have wanted to complete such a purchase for years or perhaps even decades. It may be one of the things that they set out to do with their life, and they are thrilled that they have finally reached a point where it’s possible to enjoy this...
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Monohulls vs. catamarans: Which is right for you?
One of the most crucial decisions you'll need to make when you decide to buy a yacht is choosing between a monohull and a catamaran. Both types of yachts have their unique advantages and drawbacks, and your choice will significantly impact your sailing experience....
Is nondisclosure of a yacht’s defects grounds for a lawsuit?
Buying a yacht is a major commitment. These large, luxury vessels can cost more than a starter home might. Individuals in Connecticut preparing to purchase a yacht are often so eager because of the location, condition, appearance or price of a vessel offered for sale...
Why liability insurance is so valuable for yacht owners
When people discuss boating insurance for yachts, the focus is often on the value of the vessel and the possibility of future repairs. There are obviously many insurance claims each year that directly relate to damage to a yacht or other vessel that an owner may...
First-time luxury yacht purchase considerations
If you’ve been dreaming of sailing on pristine waters with the wind in your hair and indulging in opulence and comfort, owning a luxury yacht can turn that dream into reality. However, purchasing a luxury yacht can be overwhelming, with numerous options, features and...
Vessel Documentation: What do you need to know?
The appeal of the ocean for many is irresistible, and the dream of owning your own yacht or vessel is a goal that you have worked hard to accomplish. However, before you take your new ship out on the sea, you will need to be sure you have the proper documentation....
Big changes coming to yacht insurance contracts?
With insurance prices in the millions of dollars, having insurance for your yacht is critical to ensure that you are protecting the investment that you have made in your ship. Although it may not be something you think of often, your insurance could potentially be...
Potential violations for illegal charter operations
The Coast Guard caught and ended the illegal operation of a charter vessel last year. These illegal operations carry harsh penalties due to the danger they pose to the public. In the example mentioned above, the Coast Guard and Okaloosa County Sheriff’s Office...
Thinking of bareboat chartering your yacht?
Many yacht owners share their time between multiple homes and keep their yachts stored away in one of the cities where they own a residence. Some yacht owners who enjoy their vessels on a seasonal basis every year seek to maximize their yacht’s usage and...
Changes to Florida maritime law that yacht owners need to know
Yacht owners who regularly dock in South Florida should be aware of changes in the law that recently took effect. The Boating Safety Act (BSA) aims to reduce deaths, injuries and damage from boating accidents, which have been on the rise recently. Among the new...