P Offshore

It is now a consideration when buying a new boat (mainly cats) unlike before when it was just an additional expense.

P Offshore

The definition "high performance boat" is the question here.

Griff

They insure my 28 Pantera.

44MTI

For the last two yrs Total Dollar has told me they had the reinsurance in place but couldn't find some one to write the potiential intial losses. Doesn't make sense to me as I thought the reinsurance would be the hard part.

waterheater

The article was very informative, read it yesterday. I think you will see more training schools coming into play, and Tres Martin is one of them.

Donzi Corleone

Hey, and lets remember some of us only use the boat once a week if were lucky. My average is 2-3 times a month as long as the trips are short.

buck183

They also insured my Scarab I recently sold. My agent has given me several quotes on boats I have been looking recently too. Some of those boats include Active Thunder, Cigarette Bullet, 28 Apache, 33 Outlaw, and Pantera. I was given quotes without any reservations. My previous policy was never questioned at all and it WAS an agreed replacement value policy. I made that very clear going into the deal.

We've had this "State Farm" discussion on here more times than I can remember. It all boils down to the region you are in and the agent you have. The bottom line is they do and will insure our boats depending on the situation. I had my last policy for three years and I had one price increase that was $25.

Buck

Donzi Corleone

Give us some credit for building a carreer and working hard enough to buy one of these boats. Just because it goes fast doesn't mean were not responsable enough to make decisions running. Those that are careless will come into light quick. They have to know there are going to be some claims. Those, they weed out.
I said before how many claims to the insurance co. involves having the boat in the first 6 months, or by the ones new to that type(size,twins,V,Cat)

P Offshore

I agree, in most cases you CAN get insurance for a price. There are a few cases however when you just CANNOT. I know of where an experienced boater could not get a policy written on a certain brand of boat ( with big power), he ended up buying a different brand and had no problem.

P Offshore

Try to get them to write a policy for a boat with over 700hp a side and/or a top speed over 120mph, it seems these are the points most insurance companies walk away from.