Registered vessel
In the
A Registered or Licensed vessel usually refers to a
US State method of registering vessels based in their state waters, in most
cases to collect various taxes. Generally these vessels are assigned a unique
number indicating the State of registry or licensing and a sequential number.
For example, FL1234AB indicates
In
A Canadian licensed vessel is registered with
Canadian Customs, or whatever name they go by at this time, and a number
comprised of letters and digits identify the area of the country where
originally licensed.
If the vessel does not plan to travel outside of the home
country waters there is little point in Documenting a
Check with your local registrar as there are
exceptions to the rule and exemptions for smaller, unpowered
or underpowered boats. They are the final authority.
IMPORTANT NOTE: The terms and descriptions of terms on this page or
these pages is not meant to replace or define any policy wording or term or the
limit or enhance any meaning of any term(s) or conditions of any policy of
insurance. These comments are just that, comments and nothing more. They are
provided for you to refer to, so you can ask your insurer for an exact meaning
or explanation of the coverage you own or are contemplating purchasing. All
policies are subject to exclusions and revisions of meanings of standard terms.
Your policy covers you, and you need to ask questions now- before any loss, to
understand what you have. We are not lawyers, and we do not provide legal
opinions. We are Insurance Brokers and we provide guidance and try and help you
understand coverages and coverage issues. READ YOUR
POLICY, a boring but informative task and ask questions. Use this document to
help you ask those questions and learn from your Agent or Broker. He or she is
there to help you, if they don’t do the job, find another one. The same goes
for your attorney or local government official.