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!

Re: All Cat Owners
 

I was merely trying to be "helpful" to some cat owners because I saw the ad for Worldwide Marine. I also was stating that I am VERY pleased with Total Dollar Insurance and wanted to let other OSO'ers know in case they were looking for insurance. I don't know if TD insures 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. :argue:

Re: All Cat Owners
 

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.

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.

Re: All Cat Owners
 

RR, let us know what they say; I'm interested.

Re: All Cat Owners
 

They told me that they don't insure in CA (where I live). :(

SR-24 you might want to see if they insure the state that you live in.

Re: All Cat Owners
 

I no longer own a cat; I was just curious.

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.

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! :crazy:
No tickets, One accident on my experience (totaled my QX4 SUV though), 54, don't smoke, have my plane insurance with the same company.

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.
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