Monte Phillips

Owning luxury marine assets is a thrill. But let’s be honest - it’s also a headache waiting to happen. You’ve got a high-value boat or yacht, and you want to protect it without drowning in paperwork or paying through the nose. That’s where marine asset coverage options come into play. Think of it as your safety net, your financial life jacket, your peace of mind on the water. If you’re wondering how to navigate the choppy waters of insurance for your prized possessions, you’re in the right...

We've all been there. You're scrolling through boat listings late at night, and you find "the one." The photos are stunning. The description says "excellent condition." The price seems almost too good to be true. And that's usually because it is. Here's the hard truth about buying boats online in the Florida Keys: what you see is rarely what you get. That "minor gel coat scratch" might be covering structural damage. Those "freshly serviced engines" might have undocumented hours. That "fully...

Understanding the Risks Buying a boat is not just about the initial price tag. There are many hidden costs that can arise after the purchase. From maintenance to repairs, these expenses can add up quickly. Being informed can save you from financial headaches down the line. Sin 1: The 'Freshwater Fantasy' The Problem: Saltwater corrosion disguised as 'minor surface rust' Many buyers are tempted by the idea of acquiring a boat that claims to have always been in freshwater. However, saltwater...