Things To Do Right After Buying A Yacht
Buying a boat for fun or business comes with a lot of responsibility. Whether you have bought a new or a pre-owned watercraft, you have to follow certain legalities to make things easier for you in water. When you buy a boat, you have to fulfill these legalities to avoid issues with the authorities.
If you are a first-time boat owner and you do not know what to do after buying your boat, then here is a small guide that can help you out.
Insure Your Boat Right Away
First things first, just like you buy car insurance, you should invest in boat insurance Right after buying your new boat. Apply for insurance as soon as possible so that you can safely bring your boat to the marina and launch it.
Reinsurance software can make things easier for you as it is automated and you can check with the company where your status is. Insurance will protect you from,
Check The Capability Of Tow Truck
When you buy a boat, you might need a tow truck to tow your trailer and boat to your place. Before buying the boat, make sure that you have the right truck for the job, otherwise, your transaction will be delayed.
When checking the capability of the tow truck, check the Gross Combined Vehicle Rating (GCVR) that defines if your truck can tow the trailer with the boat on it. You should also consider the weight of the yacht including fuel and other equipment.
Complete The Legal Documents
Completing legal documents for your boat is a must. You do not want to enter international waters without having documents for your yacht transaction services. These documents will protect you in the water, whether you are within the state’s water boundaries or out in the open.
You should also consider the weight of the yacht including fuel and other equipment
Documents will also give your boat a US flag indicating that the US maritime laws apply to your vessel. It protects you and your boat as the state’s property.
Invest In Maintenance Equipment
Once you have completed all the legal requirements, you should focus on your boat. Buying a new boat does not mean that you should rely on factory settings. Make sure you renew the engine oil and refuel the boat.
Like car maintenance, regular boat maintenance is quite necessary. You have to keep checking propellers, engine oil, engine functioning, and other necessary maintenance units.
When checking the capability of the tow truck, check the Gross Combined Vehicle Rating (GCVR) that defines if your truck can tow the trailer with the boat on it. You should also consider the weight of the yacht including fuel and other equipment.
Buy Necessary On-Board Equipment
Your boat should have all the equipment required on board. For instance, you should have a personal floating device (PFD) or a life jacket for every individual on board at all times. You should also have a working radio station, food, and drinking water.
Make sure that your boat has enough fuel to take you back to the shore after the trip. You should also check the pre-departure checklist before leaving the shore.
