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With the boating season getting ever closer, it’s important that you understand the language of your insurance policy. When shopping for marine insurance this season here are a few insurance terms you may want to become familiar with to ensure that you are not purchasing and insurance policy that will fall short when a claim occurs.
Last summer there was tremendous interest in buying a boat to have fun in the restricted world ofCOVID19. People hauled boats to the end of their driveways with “For Sale” signs. Sailboats and cabin cruisers appeared in Kijiji and Craigs List and it sounds like most were sold to new boaters. But, are they happy owners now?
The boat buying or selling market is hot now and has been since the late spring of 2020. Sean Horsfall, General Manager, 3rd. Generation Owner at Len’s Cove Marina in Portland Ontario on the Big Rideau Lake on the Rideau Canal system, wants to help you navigate the 2021 ahead and the new and used boat buying process.
Insurance may not be exciting but it is important. Check at launch. We all know we need to spend some time working on getting the boat ready for launch. But What about your Marine Insurance Policy?
When I first saw the display at the Toronto International Boat Show saying that you could lease a new yacht, it stopped me dead in my tracks. While I had never considered leasing boats, we are certainly seeing growth in boat rental organizations...
Whether you’re a new boater or an old salt, you have much to gain by trusting your boat search to a knowledgeable professional. I’m a bit of an evangelist when it comes to boats – I believe that if you’re lucky enough to live near water, salt or fresh, owning a boat is the true meaning of life. I’ve never given up the faith, but after owning the same 35’ sloop for 30 years, things had changed. With two teenage boys who had somehow grown big, the space aboard Sway had grown small.
2012 is the Year of The Boat Buying Trifecta: Low Interest Rates – High Canadian Dollar – Low Global Boat Prices. We think that the 2012 will be the year of the boat buying trifecta; we have record low interest rates, a high Canadian dollar, and low global boat prices making the yacht of your dreams more affordable and closer to reality than we ever remember before. With rapidly escalating numbers of Canadians reaching retirement age, many of whom are already smart enough to have realized this opportunity, the Canadian boat market is alive and well while markets in most other countries are stagnant or down.
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Boat Reviews
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Neptunus 650F Review
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Over the years Canadian Yachting has had the pleasure of doing several boat review articles on new Neptunus models and we are familiar with the qualities that Neptunus is famous for. They have all been exceptional yachts, but this is the one I would most want to own myself. It’s a personal choice and a matter of taste as to whether you would prefer to have a sedan express model or a flybridge but in my opinion, the flybridge layout offers some wonderful attributes.
We met with Neptunus Managing Director Jan Willem De Jong this past fall to take the new Neptunus 650F out in Lake Ontario.
Destinations
The Other Virgin Islands
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I was first seduced by the United States Virgin Islands during a ferry ride from St. Thomas to Tortola to begin one of our earliest British Virgin Islands charters nearly twenty years ago.
A perfect sunset off St. John with St. Thomas views for backdrop.
Clearing Pillsbury Sound, surrounded by voluptuous emerald mountains as the ferry sliced through royal blue waters, I was struck by the unspoiled ambiance of St. John, the island gliding past our starboard beam and the irresistible charm of a village called Cruz Bay visible from our quarter stern.
Lifestyle
By AMY HOGUE
What to look for and ask about as you plan your vacation times. You’ve invested thousands and thousands of dollars into your boat so naturally, you want to find just the right spot for her to live, and where you can enjoy her to the maximum. Marinas and yacht clubs are just like people, no two are completely alike and finding the one that’s perfect for you, may make you feel a little like Cinderella – searching for the shoe that fits just right.
It’s okay to take your time on this search because the marina you choose is arguably as important a decision as the one to buy your boat.
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Marine Products
Marine Electronics – Staying Connected in 2023
By Andy Adams
The world of marine electronics is just on fire in terms of development. You can almost name any function that you could dream up and somebody is offering it. We are just heading into the traditional boat show season and this year there is a big difference from past years.
Because of the COVID-19 pandemic, most boating enthusiasts have not had any in-person boat show exposure to the new products since 2019 or 2020. That means that there are almost three years of new products to catch up on. It's going to be an exciting year in 2023!
News
On November 15th 2022, Mercury Marine, a division of Brunswick Corporation (NYSE: BC), introduced the industry’s first ever V10 outboard with the official launch of its all-new 5.7L 350 and 400hp Verado® outboard engines.
Consistent with the award-winning Verado brand, the new V10 engines are the quietest and smoothest in their class running 45 percent quieter than a leading competitor at cruise. In addition to NVH, the new Verado’s are not only compatible with the latest Mercury SmartCraft® technologies but will also be offered with an optional dual-mode 48V/12V alternator to seamlessly pair with Navico Group’s Fathom® e-power system, an integrated lithium-ion auxiliary power management system, providing boaters the opportunity to eliminate an onboard generator system.
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