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1987 Cigarette Cafe Racer Insurance

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Old 03-03-2023, 07:55 PM
  #11  
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Originally Posted by F-2 Speedy
older boats are getting hard to insure, check with WIA @ LOTO.........Wagner ins agency...........Chris is a good guy ...........Im with Total Dollar in NY ask for Tom
https://wiamarineinsurance.com/meet-the-team
This is who I use on my CiG. Everyone's quotes are going to vary a LOT based on a number of variables but that's a lot more than I pay...
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Old 03-04-2023, 12:24 PM
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Originally Posted by 87CigCafe
dang! Now that’s a deal! What part of Tennessee is he in?
He's in the Union City, Tn area. Im not 100% what all is written in to it but I know there is a layup period in there.
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Old 03-05-2023, 11:17 AM
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Yep, $4,800 is about the going rate for good coverage, older boat but that's also above 1,000hp a side.

Of course, if you have a better alternative, by all means. Just sharing what I've found if you are truthful and don't lie to get past the underwriter / agent.

I wonder what happens when you really need insurance and they find out your "stock merc boat with 600hp a side" is a 2x 1,000hp custom build capable of 20mph over your stated top speed.....

I am not one that wants to find out the hard way.

Last edited by frickstyle; 03-05-2023 at 11:20 AM.
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Old 03-05-2023, 11:36 AM
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Originally Posted by frickstyle
Yep, $4,800 is about the going rate for good coverage, older boat but that's also above 1,000hp a side.

Of course, if you have a better alternative, by all means. Just sharing what I've found if you are truthful and don't lie to get past the underwriter / agent.

I wonder what happens when you really need insurance and they find out your "stock merc boat with 600hp a side" is a 2x 1,000hp custom build capable of 20mph over your stated top speed.....

I am not one that wants to find out the hard way.
Insurance companies are cheerfully willing to decline a claim for the dumbest reasons. If you blatantly lie about what it is that they are insuring, it's really easy for them.

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Old 04-23-2023, 07:04 AM
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There needs to be a law passed that every insurance company must offer policies for older boats just like cars and it should be comparable to a car of the same price as most of us only boat 5-6 months a year.
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Old 04-23-2023, 07:30 AM
  #16  
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Originally Posted by 87CigCafe
who are you guys using or would recommend for a 87 Cafe Racer ? Progressive just quoted me for $5,000 for the year that's just insane if you ask me. Boat is owned free and clear if that makes a difference...

Thanks for any help
I suggest Grundy Worldwide...they take great care of us on the 1986 Superboat...they also insure the M3's we own...Check them out.
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Old 04-23-2023, 08:55 AM
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^^^ I have Grundy on my street rod, 32 Ford Coupe. Great company, I never even thought about asking about insurance on my boat!
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