All Cat Owners
06-08-2004, 08:40 AM
#21
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Re: All Cat Owners
Sy
When can we expectto hear about a new cat program? I'm looking very hard at a couple of 40-50 foot cats and the 9-10K/ year insurance premium are scary!
When can we expectto hear about a new cat program? I'm looking very hard at a couple of 40-50 foot cats and the 9-10K/ year insurance premium are scary!
06-08-2004, 11:27 AM
#22
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Re: All Cat Owners
Originally Posted by BgBoost1
Semper Fi -if "Total Dollar" is so great, then why are you pumping "Worldwide Marine" at the beginning of this thread? Is it that Total Dollar will not insure cats?
Any insurance company can call any manufacturer and get speeds of any of their product with an easy phone call if they needed to.
I was trying to be helpful and all I got was sarcasm from you.
Last edited by Semper Fi; 06-08-2004 at 11:29 AM.
06-08-2004, 03:16 PM
#23
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Re: All Cat Owners
Originally Posted by welladjusted
Sy
When can we expectto hear about a new cat program? I'm looking very hard at a couple of 40-50 foot cats and the 9-10K/ year insurance premium are scary!
When can we expectto hear about a new cat program? I'm looking very hard at a couple of 40-50 foot cats and the 9-10K/ year insurance premium are scary!
I just got a quote not long ago of nearly 7k on a 29' cat with 525's. I can get a hell of a deal on the boat but I can't swallow 7k a year for insurance when I pay 1/2 that on the Gun.
06-08-2004, 06:53 PM
#24
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Re: All Cat Owners
I called everyone that I could think of to try to get insurance on my 25' Carrera. When I tell them it has 1100 hp, they do the calculations and say it's capable of going over 120 mph (they are right) and they say "NO WAY"!!! I will call First Marine tomorrow to see what they say just for the exercise.
06-09-2004, 01:16 PM
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Re: All Cat Owners
I just went through all of this again recently. There are only 2 companies I know of that will underwrite "twin engine" cats. Ace and Markel. I do know someone who used Lloyds of London in the past, but that should be viewed as a last resort.
Some people have gotten buy with State Farm, progressive, etc. Most are policys that have been in effect for 3yrs+ before all of the bad press. If there is a claim, or you trade boats they will NOT likely renew no matter how much other "stuff" you have with them.
Single cats are getting very tough also.
Worldwide is great to work with from my experiences.
Some people have gotten buy with State Farm, progressive, etc. Most are policys that have been in effect for 3yrs+ before all of the bad press. If there is a claim, or you trade boats they will NOT likely renew no matter how much other "stuff" you have with them.
Single cats are getting very tough also.
Worldwide is great to work with from my experiences.
06-09-2004, 01:25 PM
#29
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Re: All Cat Owners
Just received my new insurance policies:
97 Top Gun with 600's $3,122.00
90 Ocean Express Cat Twin 1,000's 2,842.00
Inamar, Recreational Maritime Insurance.
Yes, the cat is less I did not invert the #'s!
No tickets, One accident on my experience (totaled my QX4 SUV though), 54, don't smoke, have my plane insurance with the same company.
97 Top Gun with 600's $3,122.00
90 Ocean Express Cat Twin 1,000's 2,842.00
Inamar, Recreational Maritime Insurance.
Yes, the cat is less I did not invert the #'s!
No tickets, One accident on my experience (totaled my QX4 SUV though), 54, don't smoke, have my plane insurance with the same company.
Last edited by expresscat39; 06-10-2004 at 02:48 PM.
06-09-2004, 01:59 PM
#30
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Re: All Cat Owners
I wonder if they'll write in Texas? My age bracket, etc are similar to yours, but my Jag is 40' and the engines are only 800s. Texas is almost expensive as Florida though.
Due
Due
