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insurance premium, wow $$$$$$$$$

Old 06-07-2004, 07:24 PM
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Default insurance premium, wow $$$$$$$$$

Need to know what insurance company has good rates on performance boats i have a 1977 28ss my insurance was 917.00 last year this year the bill was just sent in the mail it is now 1712.00 my boat is old and slow what gives. thanks for your help j.maher
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Old 06-07-2004, 07:25 PM
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Default Re: insurance premium, wow $$$$$$$$$

Lower your assesed value and increase your deductible. If all else fails dump your wife!
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Old 06-07-2004, 07:26 PM
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Default Re: insurance premium, wow $$$$$$$$$

Try Allstate. I got a good rate in NJ. (Imagine that!!!)
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Old 06-07-2004, 07:27 PM
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Default Re: insurance premium, wow $$$$$$$$$

I use Blackadar but they are no longer writing policies for performance boats.
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Old 06-07-2004, 08:00 PM
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Default Re: insurance premium, wow $$$$$$$$$

I got my Donzi and Formula done with Boat US. They are as reasonable as I guess you can be for the old boats. My 81 Donzi 18 with a big block is 800 bucks with 300,00 liability and agreed value. There was no difference in price by changine from a 500 to a 1000 buck deductible.... go figure...

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Old 06-07-2004, 08:06 PM
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Default Re: insurance premium, wow $$$$$$$$$

My 1973 28 OS is $600/year through State Farm (twin 350's/Alphas, 65 MPH).

Posting a photo of your boat on OSO may help your rates!
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Old 06-07-2004, 08:07 PM
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Default Re: insurance premium, wow $$$$$$$$$

Blackadar wrote (renewal) mine this year. An increase of 150.00 I was extatic. Maybe their not writing new policies.
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Old 06-07-2004, 08:29 PM
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1982 26' Corsa w/stock 330/454. $700/yr. thru Offshore Risk Management. I'm slightly skeptical as they are HQ'ed in the Bahamas, but they're the only company that would write a boat of this vintage(well...Progressive quoted $3500/yr.) in FLA. Just for ****s & giggles, I re-applied to Progressive with a VA zip-code. Quote dropped to $400/yr.

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Old 06-07-2004, 08:47 PM
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Default Re: insurance premium, wow $$$$$$$$$

ive just about reached the threshold where its not worth it to me anymore.

$1300. for a boat that sits on the trailer half the year
and no steps.......

my next boat will be a water plow
 
Old 06-07-2004, 08:56 PM
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Default Re: insurance premium, wow $$$$$$$$$

i guess new jersey has something to do with it
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