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Hassle-free solution: Own boat, share it

Owners of mid-sized motorboats only use their vessels 50 hours per year on average, according to Boat U.S., a trade organization. Yacht owners, on average, enjoy their investment an average of 75 hours per year.

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Agents and brokers may be offering a unique form of boat and yacht coverage. The cost and hassle of boat ownership, including slip and maintenance fees, don’t add up to how often owners enjoy their vessels. .

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