Go Back   Offshoreonly.com > General Discussion > Insurance and Finance


OSO Sponsor
NorTech
OSO Sponsor

Advertiser

Advertiser


Reply
 
 
 
 
Thread Tools
Old 03-27-2007, 07:48 PM   #1
Registered
 
carrboy's Avatar
 
Join Date: Jan 2006
Location: NY-lake ontario
Posts: 796
boatless
Can this be right?

I just sold my 31 Sonic to a guy in Baton Rouge and he's going to pay $2,500 a year for insurance!why so much?The boat does have 525's
but does it matter that much?
carrboy is offline   Reply With Quote
Old 03-27-2007, 08:54 PM   #2
Registered
 
Join Date: Jan 2007
Location: Lake Hartwell, SC
Posts: 6
1994 Fountain Lightning
All I can say is call as many companies as possible. I recieved quotes from $650 all the way to $2800 for the same insurance for my Fountain. It pays to spend some time on the phone or computer.
roadking1997 is offline   Reply With Quote
Sponsored Links
Old 03-27-2007, 11:22 PM   #3
Registered
 
cosmic12's Avatar
 
Join Date: Jan 2006
Location: Syracuse N.Y. sometimes
Posts: 4,762
no boat but ,I now have a bank account?
I was paying that for one 525. Thats why I will never have another. Glad to hear you finally moved it.
cosmic12 is online now   Reply With Quote
Old 03-28-2007, 09:01 AM   #4
Offshoreonly Advertiser
Offshoreonly Advertiser
 
Join Date: Jul 2004
Location: Palm Harbor, FL
Posts: 436
Sonic 31SS, Boston Whaler 15 Sport
I have a 2005 31SS with 500EFI's and I am paying $4200/yr in FL.
__________________
kyle@newcoast.com
Office 866-639-2627 x14509
Mobile 727-741-8150
Loan Ranger is offline   Reply With Quote
Old 03-28-2007, 09:29 AM   #5
Registered
 
Join Date: Apr 2001
Location: Baton Rouge, LA
Posts: 2,469
2004 29 Outlaw
The gulf coast is tough for insurance right now. I was ready to pull the trigger on a 32 Fountain but couldn't find insurance for less than $3300. Who'd you sell the boat to?
jmeng is online now   Reply With Quote
Old 03-28-2007, 11:07 AM   #6
Registered
 
carrboy's Avatar
 
Join Date: Jan 2006
Location: NY-lake ontario
Posts: 796
boatless
That's a lot of money!!!U are almost better off just carrying liability... u have to have a total loss to make it justifiable...u can have a lot of damage fixed before u come close to paying for the coverage...we get it here under our homeowner policies for less than a grand a year...we make up for it in high taxes though...I sold it to Jessie from assured floors...he got a great deal
carrboy is offline   Reply With Quote
Old 03-28-2007, 12:51 PM   #7
Registered
 
Join Date: Apr 2001
Location: Baton Rouge, LA
Posts: 2,469
2004 29 Outlaw
Tried that. Since State Farm won't cover the boat, an umbrella policy through them won't cover anything to do with the boat. Wasn't gonna go with no insurance but I did get one reasonable quote but they would only go up to 100K on liability. I just can't bring myself to take that risk.
jmeng is online now   Reply With Quote
Old 03-28-2007, 12:53 PM   #8
Registered
 
Join Date: Apr 2001
Location: Baton Rouge, LA
Posts: 2,469
2004 29 Outlaw
Found pictures of your old Sonic in another thread, I'll keep an eye out for it down here.
jmeng is online now   Reply With Quote
Old 03-28-2007, 01:33 PM   #9
Registered
 
Join Date: Jul 2005
Location: New Orleans
Posts: 537
36' Spectre MDG650
Mike
found a better deal 1850/ yr with Elton Porter i just paid for it.
Get that boat down here i have tons of plans for it. first im talking that 8 track player out and pumping mega sound into it

Rafe
Outkast Rafe is offline   Reply With Quote
Old 03-29-2007, 02:01 PM   #10
Registered
 
Join Date: Jul 2005
Location: New Orleans
Posts: 537
36' Spectre MDG650
hey mike im back to $2300 the $1850 was jessie only as a driver and because im only 23 it jumped up to $2300
Outkast Rafe is offline   Reply With Quote
 
 
 
 
 
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off



All times are GMT -5. The time now is 06:22 PM.


Copyright 2011 OffShoreOnly. All rights reserved.

Search Engine Optimization by vBSEO 3.2.0