Boat owners say high gas prices won’t sink their plans this summer. However, according to a new survey, higher prices will have them easing off the throttle more often.
Like other motorists, boat enthusiasts are caught in the wake of high fuel prices-especially those who pay a premium to gas up at marinas. But many boat owners indicate they are willing to “pay to play,” saying gas prices would have to nearly double before they change their lifestyle.
The survey, conducted by The Brandware Group, Inc. for Nationwide Mutual Insurance, indicated that two-thirds of boat owners reported high fuel prices would not cause them to use their boats less often. In fact, boat owners are willing to pay about $2.70 more per gallon for fuel before they will consider docking their boats.
“When talking with our customers about boating we learned that while they’re concerned about rising fuel prices, the passion they have for their boats overrides those concerns,” said Greg Blanchard, Nationwide’s vice president of Specialty Products.
The survey also showed boat owners intended to be on the water just as often as last...
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