Boating has quickly become one of the fastest growing hobbies in recent times. After all, there’s nothing like getting the family together for some fishing, water skiing, or just a relaxing ride on the water. The question really just comes down to whether owning a boat timeshare is right for you and your needs. If you’ve been wanting to spend a summer on the water without the commitment to buy a boat, consider this helpful information and find out if owning a boat timeshare is right for you and your needs.

How does it work?

A boat timeshare works much like a luxury condo timeshare. Basically, you are paying for the use of the boat during certain times and seasons without having to shell out your hard-earned money to buy one. Similar to a yacht club in the sense that you are generally a member of a club, timeshares for boats are different because you don’t have to own your yacht.

Do i need insurance?

Usually, the company you buy a boat timeshare from takes care of the insurance. If you are unsure whether the company you are looking for will handle the insurance, a simple check on their FAQ page will give you the answer.

What else is included in my membership?

There are other great benefits that come with buying a timeshare. As already mentioned, the use of the boat for periods of time and insurance are included, but most people do not realize that other benefits can include the boat license, maintenance and other great advantages. To see exactly what a company offers, simply check the website for a list of what is included with a boat timeshare purchase. If you can’t find the information, call and ask.

When can I use the boat?

It depends on the company you are buying from. Some of the really cool ones allow you to use it as often as you want, as long as you book the boat at least an hour in advance. This information is also included on the website’s FAQ page. Just check the information you need, and if you can’t find that information, just call the office.

It is expensive?

The purchase price of a boat timeshare varies from company to company. However, what most people tend to agree on when it comes to timeshares, it is much cheaper than buying a personal boat. When buying a personal boat, you need to factor in costs like license, insurance, maintenance, cleaning, and any other fees that come up here and there. However, when buying a timeshare for a boat, you just have to worry and pay the membership fees. For some people, the ease and convenience of a timeshare is worth the price of a fun day on the water.