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-   -   This insurance and fuel is outa control!!!!!!!!! (https://www.offshoreonly.com/forums/general-boating-discussion/102815-insurance-fuel-outa-control.html)

AIR TIME 05-11-2005 08:02 AM

Re: This insurance and fuel is outa control!!!!!!!!!
 
yup they figure boats have doubled in cost in the last 7or8yrs since they dropped the lux tax boats are way up so the insurance co's figure they will push the limithow much we'll pay same with gas :rolleyes: :mad:

CigDaze 05-11-2005 10:57 AM

Re: This insurance and fuel is outa control!!!!!!!!!
 

Originally Posted by Speed2Lead
If there are alot of accidents Im only hearing about the ones that make it to OSO.

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Now, even though, performance boating accidents may be a small number of total boating accidents each year, they are usually much more high profile, and the damage is typically worse. People notice, so do Insurers. :(

pm203 05-11-2005 11:28 AM

Re: This insurance and fuel is outa control!!!!!!!!!
 

Originally Posted by Downtown42
I can live with 933/yr on a new 42 Fountain. Went up 300. from the 1993 35. Allstate

$933 on a new 42 Fountain?? I would read your policy,something is not right.

Donzi Corleone 05-11-2005 07:08 PM

Re: This insurance and fuel is outa control!!!!!!!!!
 
The replacement cost alone has got to 300k..........

Donzi Corleone 05-11-2005 07:17 PM

Re: This insurance and fuel is outa control!!!!!!!!!
 
Well, I cant get a call back from Bob at WW. I guess after I told him Seasafe quoted 6k I was no longer a MARK. Were all nothing but boat horz to these people makin them ritcher quicker. So I guess it goes up for sale this weekend...Im not payin nor do I have 6k for insurance..I guess this is gonna be a rich mans sport for sure now..I always thought with a little preserverence I could make this happen even on a blue collar salary. They proved me wrong.

Sean H 05-11-2005 07:24 PM

Re: This insurance and fuel is outa control!!!!!!!!!
 
that sucks..... :mad:

GLH 05-11-2005 08:17 PM

Re: This insurance and fuel is outa control!!!!!!!!!
 

Originally Posted by Speed2Lead
This insurance and fuel is outa control!!!!!!!!!

Beats getting divorced from what friends tell me.

GLH 05-11-2005 08:19 PM

Re: This insurance and fuel is outa control!!!!!!!!!
 

Originally Posted by Speed2Lead
The replacement cost alone has got to 300k..........

What your saying is that there is a Fountain out there worth that much?






Give it a year it will fall in line... :D:D:D

Johno 05-11-2005 08:26 PM

Re: This insurance and fuel is outa control!!!!!!!!!
 

Originally Posted by Speed2Lead
Well, I cant get a call back from Bob at WW. I guess after I told him Seasafe quoted 6k I was no longer a MARK. Were all nothing but boat horz to these people makin them ritcher quicker. So I guess it goes up for sale this weekend...Im not payin nor do I have 6k for insurance..I guess this is gonna be a rich mans sport for sure now..I always thought with a little preserverence I could make this happen even on a blue collar salary. They proved me wrong.

That sucks Frank, sorry to hear you say this. I wanted a Cat so bad , between ins. & the wife, I felt the CC would be the best compromise. So I came to accept the reduction of spped & the thrill of a cat. Now when I see what they want for ins :mad: I'm real happy that my CC costs $750-00 for full coverage. I remember Maximus had a great deal on his ins, what was his deal? Would it help if you pulled the 300's off & installed 225 or 250's?
Hey I understand your decision, I could't afford to keep a cat on the water either. Good luck
John

Donzi Corleone 05-11-2005 08:50 PM

Re: This insurance and fuel is outa control!!!!!!!!!
 
If you own the boat their are a lot of options you can do..If its financed there's only 1.......COVER THE NOTE........I informed Mike that the FAT LADY IS SINGING for me and I might be out of the club. Im gonna try to get a 6 month policy that might carry me till Oct 31 then will see whats up. Im in no hurry to sell it, maybe something will change with the insurance dilema(I cant be the only one) the mfg's along with Merc. are going to have to address the problem or there customer base is gonna fall drastically. Maybe some kind of pool with only seasoned perf. boaters with clean slates and no claims. What ever I hope I can swing the 6 month deal so Im not stuck missing the new season(NOW)


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