This insurance and fuel is outa control!!!!!!!!!
05-11-2005, 09:08 PM
#41
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Re: This insurance and fuel is outa control!!!!!!!!!
Frank, I'm really sorry to hear of your, and others, problems with the insurance industry. That's why I have a 15 year old boat with average power. It's the only way I can afford to even be on the fringe of performance boating. There's no way in hell I could take a 6K insurance bill. Between my Homeowner, Flood, and Wind insurance, I'm taking a 6K per year hit, and that don't include my 3K property taxes, and I can't even drink the friggin' water here at home, hell I can't even wash my truck with it.
Doesn't do anyone any good to have a boat and not to be able to enjoy it because of the insurance/fuel costs. One possible answer might be to downsize somehow to something that is still fun to drive but not cost an arm and leg. Whatever happens I hope you don't get out of boating. You and Jana are truly two of the good "guys". Russ
Doesn't do anyone any good to have a boat and not to be able to enjoy it because of the insurance/fuel costs. One possible answer might be to downsize somehow to something that is still fun to drive but not cost an arm and leg. Whatever happens I hope you don't get out of boating. You and Jana are truly two of the good "guys". Russ
05-11-2005, 09:44 PM
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Re: This insurance and fuel is outa control!!!!!!!!!
Im thinkin about the down size, but Im going to be so upside down its gonna take a very creative salesman to work those numbers.
05-11-2005, 09:48 PM
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Re: This insurance and fuel is outa control!!!!!!!!!
Safeco,after collecting premiums all winter, has decided to cancel my boat insurance according to the letter "due to speed". I jusy bought the boat in late September, they thought about it for 7 months and then decided, just-in-time for boating season, to cancel.
Maybe it took that long to review the policy...........
Thanks Safeco. I appreciate it.
Maybe it took that long to review the policy...........
Thanks Safeco. I appreciate it.
05-11-2005, 11:42 PM
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Re: This insurance and fuel is outa control!!!!!!!!!
Originally Posted by Dave98
Safeco,after collecting premiums all winter, has decided to cancel my boat insurance according to the letter "due to speed". I jusy bought the boat in late September, they thought about it for 7 months and then decided, just-in-time for boating season, to cancel.
Maybe it took that long to review the policy...........
Thanks Safeco. I appreciate it.
Maybe it took that long to review the policy...........
Thanks Safeco. I appreciate it.
05-11-2005, 11:50 PM
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Re: This insurance and fuel is outa control!!!!!!!!!
[/QUOTE]I can live with 933/yr on a new 42 Fountain. Went up 300. from the 1993 35. Allstate[QUOTE]
Thats exactly what I pay (933) for a 2001 27' Fountain. You got a pretty sweet deal with twice the boat if your policy is correct!!!
Thats exactly what I pay (933) for a 2001 27' Fountain. You got a pretty sweet deal with twice the boat if your policy is correct!!!
05-12-2005, 06:55 AM
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Re: This insurance and fuel is outa control!!!!!!!!!
Originally Posted by cuda
Frank, is it possible to take out a Heloc, pay off the boat and just carry liability?
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sy goldberg
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