Boat Insurance - Your experience please
#21
Charter Member # 430
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You guys are awesome. Some great information to start. I hope that I can help in some way once I make my inquiries.
Keep it coming! I'm listening. Thanks!
Keep it coming! I'm listening. Thanks!
#22
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Originally posted by mlitefan
So far, my experience sucks. I am buying a 2000 Sunsation 288 with a stock 502 and so far, the cheapest quote has been $1150.00.
So far, my experience sucks. I am buying a 2000 Sunsation 288 with a stock 502 and so far, the cheapest quote has been $1150.00.
Good insurance is a must. I had a 232 burn up in a boatel fire in '98. Had Allstate at the time. They set up a trailer on site after the fire. I stoped by and had a check for the purchase price of the boat in about 30 minutes. Boat was 4 years old at that time.
#23
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Posts: n/a
Actually, I think I am a victim of a bad agent. After going out on my own and trying several well known companies, that 1150 was my cheapest quote. I asked my agent to try her channels as well, even asking her to try Progressive, on the advice of another member. She called back in an hour and said their underwriter refused to insure "performance boats".
After a call directly to Progressive (Thanks Rick!!!) I had insurance on the boat for about $800.00...right where I expected to be in price. I pulled what little hair I have left out for a week going around and around and when I went direct, it was painless.
Shame on me for not doing it to begin with.
That was a great question someone else raised about suprchargers...What do people do when they boost power and what has been the reaction of your insurance companies?
After a call directly to Progressive (Thanks Rick!!!) I had insurance on the boat for about $800.00...right where I expected to be in price. I pulled what little hair I have left out for a week going around and around and when I went direct, it was painless.
Shame on me for not doing it to begin with.
That was a great question someone else raised about suprchargers...What do people do when they boost power and what has been the reaction of your insurance companies?
#25
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Join Date: Oct 2002
Location: Quogue, NY
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Some observations:
- Forget on-line applications (except for Progressive.) Call and talk to a human.
- A good agent is worth his weight in gold.
- Don't cheat on your top speed and HP. They have tables. You will pay your premiums and when there is a claim: denied.
- If it's high performance, Total Dollar, Performance Marine Associates and Blackadar are best choices. Total $ and PMA use same underwriter (INAMAR). Blackadar 30ft and up.
- Forget on-line applications (except for Progressive.) Call and talk to a human.
- A good agent is worth his weight in gold.
- Don't cheat on your top speed and HP. They have tables. You will pay your premiums and when there is a claim: denied.
- If it's high performance, Total Dollar, Performance Marine Associates and Blackadar are best choices. Total $ and PMA use same underwriter (INAMAR). Blackadar 30ft and up.
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thisistank
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07-25-2005 07:25 PM