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If you have ever had something stolen, it may in truth stink- peculiarly if the item or items that were taken cost you a great deal of money. What if that item happened to be your $30,000 boat? Believe it or not, boats get stolen each day- more than you think. In states where boating is actually popular, such as Florida, there are approximately 5,000 boats that are reported stolen each year. However, there are close to one million registered boats in that state alone, which mean that persons aren’t even reporting their boats as being stolen! There are a great deal of cunning people out there. What I mean by this, is that there are persons out there who buy boats, knowing that they can not afford the insurance for it. The person will ordinarily end up keeping the boat until they get caught with no insurance or something else catches up to them. More often than not, boat owners who have insurance but who find themselves in some sort of financial trouble will oftentimes trade their boat for whatsoever price they may get for it. They will then turn right around and report the boat as being stolen so that they may gather the insurance money. If you are thinking of purchasing a boat from a private seller, make sure you do your own exploration as a responsible boat owner. Most people who end up purchasing stolen boats don’t even realize that they’ve done so. This is bad news for the person who is attempting to buy the boat. You see, what happens is that the state’s title agency will send representatives out to look for the stolen boat (which you have in your possession. It won’t matter whether or not you had any prior noesis of the boat being stolen. The boat will mechanically be seized, and you will be out nonetheless much cash you in the first place put down to buy the boat. If anything, you may actually find yourself defending or attempting to fend off criminal charges as a result of the scandal. In the meantime, the real criminal in this case (the person who sold you the boat), gets off scott free! All boats come with Hull Identification Numbers (HIN). These numbers are similar to the Vehicle Identification Numbers (VIN) that you see on a vehicle. However, the HIN is molded onto the plastic of the hull, which makes it exceedingly easy to alter. Most thieves may modify this number in less than an hour. If you are purchasing a boat from a private owner, make sure you thoroughly and closely question or examine the HIN. These numbers may be modified by grinding out the old numbers and molding a new number in place with a new gel coat. There must be no ripples or waviness around the numbers. Also, be distrustful if the molding isn’t smooth and/or the numbers aren’t very clear. Also, be wary if the vender has only had the boat for less than a year, if there are any freshly painted areas of the boat, if the proprietor can not provide records such as fix invoices. Make sure you contact the state titling agency to verify the hull and registration number versus the seller’s name and address. |
Rental Car Smarts When Size Matters Get The Most For Your Money
Posted by George Tho
on January 20, 2012
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