EPIRB and\or buddy boat over a life raft any day!!! We responded to an EPIRB a couple of years ago offshore. We asked the guys “How long from the time you cut on the EPIRB until we got here?”… Their response was “about 45 minutes”… You would probably not even have broken into your 1rst pack of beef jerky in your liferaft before someone get’s there…
That being said… I believe that they are more important the FURTHER offshore you get and if you plan on spending the NIGHT offshore (which increases the difficulty in finding you in a reasonable period of time)…
Also, I realize that I will catch some flak for this opinion, but I am not sure that I have ever known anyone who has actually used their liferaft on a day trip. I would rather spend the money on a backup EPIRB, spot or any other second device over a raft… Just my 0.02…
Also, hypothermia is not the #1 killer in cold water boating accidents. It’s drowning from muscle fatigue (no life jacket)… Even at waters that are close to freezing (say 33 degrees F), without a life jacket, you would be dead from drowning even before you had the chance to get hypothermia. If I recall, it takes around an hour or so to get hypothermia in cold water, but only about 10-15 minutes before your muscles cramp up to the point where you can’t physically swim…
None-the-less, almost all of this can be mitigated with a buddy boat within VHF range…
Anyway, if you have unlimited money and space, then by all means, go for the raft! But, honestly, I don’t think that they are THAT important for daytime fisherman with an EPIRB, backup distress device, VHF and a buddy boat in our region. Now, if you are sailing around the world by yourself, that’s a different story!!!
Anyway, I realize that because I disagree with the notion that everyone needs a life raft I will be met with a strong resistance, but at some point, I just have to look at the odds of needing one, versus spending money on other equipment that could make me get found faster… In the