Why You Need Insurance When Buying or Selling Used Kayaks

The Risks of Not Having Insurance: A Cautionary Tale

As the popularity of kayaking continues to grow, so does the demand for used kayaks. However, buying and selling pre-owned watercraft can be a minefield without proper insurance coverage. We've seen cases where buyers have received damaged or stolen kayaks, only to find themselves stuck with no recourse.

In one particularly egregious example, a buyer in California purchased a used kayak online, only to discover that it had been involved in a serious accident and was subsequently deemed unrepairable. The seller refused to refund the purchase price, leaving the buyer out thousands of dollars.

What Kind of Insurance Do You Need?

So, what kind of insurance do you need when buying or selling a used kayak? The answer is simple: you need comprehensive coverage that protects both parties involved in the transaction.

This type of policy would cover any damage or loss to the kayak during shipping, storage, or use. It's essential to have this protection in place to ensure that both buyers and sellers are protected from financial losses.

Conclusion

In conclusion, buying or selling a used kayak without insurance is a recipe for disaster. By having comprehensive coverage in place, both parties can rest assured that they are protected from financial losses and potential legal liabilities.

Don't let the allure of a great deal cloud your judgment – always prioritize insurance when making a purchase or sale.