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-   -   Insuring a boat w/o power??? (https://www.offshoreonly.com/forums/general-boating-discussion/96923-insuring-boat-w-o-power.html)

fantastixvoyage 02-21-2005 12:27 PM

Insuring a boat w/o power???
 
I'm trying to find insurance for a boat I recently purchased. Its a '94 29' performance v-hull w/ triple axle trailer - NO POWER. I've already bought the boat and want to get a loan on it but obviously I need insurance to do so...any suggestions? I've tried Markel w/o luck.

jr2 02-21-2005 12:35 PM

Re: Insuring a boat w/o power???
 
Wouldn't be a 29' Phantom would it?

fantastixvoyage 02-21-2005 12:37 PM

Re: Insuring a boat w/o power???
 
Yep!

33ApacheCC 03-06-2005 10:30 AM

Re: Insuring a boat w/o power???
 

Originally Posted by fantastixvoyage
I'm trying to find insurance for a boat I recently purchased. Its a '94 29' performance v-hull w/ triple axle trailer - NO POWER. I've already bought the boat and want to get a loan on it but obviously I need insurance to do so...any suggestions? I've tried Markel w/o luck.

Have you had any luck finding a compnay to insure your boat minus power? If so, who was it?

If anyone else out there has any suggestions of insurance companies who will do this it would be a big help. Thanks

innthered 03-06-2005 11:06 AM

Re: Insuring a boat w/o power???
 
I have asked my insurance agent (homeowners/car) and also Sy at Total Dollar. Nobody can seem to find anybody to insure a boat that will not be used (at least for lower cost). I thought about not using my boat for a year and just getting fire/theft on it. No luck. Anybody?

Lenny R 03-17-2005 11:28 AM

Re: Insuring a boat w/o power???
 
I can help you. Its done on a builders risk/yacht policy through a company that I have access to. I do a lot of these where the boat is bought as salvage, like at broke boat.com or certifiedsales.com

Call me if you like, 866-805-3691

Lenny

Crazyhorse 03-17-2005 11:36 AM

Re: Insuring a boat w/o power???
 
I was able to insure mine ( a 31 Sea Ray without power when purchased)with State Farm as they didn't have to provide usage coverage. Talk to your homeowner insurance agent to see if he can help you out.


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