no insurance for a cat
 

I am still having issues finding insurance for a 28 eliminator daytona. I was told there is only one or two company's that still insure and they raised there rates a great deal. I recieved a quote of 7k. Do you think they may just not insure Cats all together which will hurt the resale of cats or if they raise the rate it so high it will do the same thing. Any help would be great.

I still really want to buy a cat but insurance is making it harder and harder.

Re: no insurance for a cat
 

That's seems high for a 28 Daytona. Mine's with Worldwide.

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Mine is also with Worldwide

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did you try anpac?

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Where are they out of. Im having trouble searching for them

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american national property and causualty. I switched all my insurance over to them and they insured my new daytona.

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Careful Gary, to many will know our little secret!!

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Sorry to butt in guys...but does anyone know anything about this boat. I was going to take a trip to Texas to check it out, but thought that I would try to find out more before I left from NC

http://adcache.boattraderonline.com/6/0/5/80272705.htm

Thanks

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Your right Robert. What I have said is all lies, I have been out of my medication for the last few days and cannot be held responsible for what I have said or done! :D

Re: no insurance for a cat
 

Robert:

How have you and the family been? We had an addition to ours a little over a year ago...by the way she loves riding in the 28!

Corey

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If you decide to move up and get rid of your 28 I would like a shot. I called Robert a little too late when he sold it.

Re: no insurance for a cat
 

apppedigree, have you checked into insurance on a 25 with a blower motor?

Re: no insurance for a cat
 

I go through Nationwide. You tell them the insured value you want, dont tell them that it is a cat, tell them that it has a stock motor. They wont insure anything over 50 miles per hour, so that is what you tell them. My '99 was around $300 a month. It works out well.

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works out great as long as you don't have a claim. :eek:

Re: no insurance for a cat
 

This is true. But my agent (who advised me on this) said that if you have the cost of the boat insured under the primary policy, then you can always have a rider to cover add ons (including engine). Thankfully I have never had to test this theory.

However, on a smaller scale, I did something similar with my jetskis. They wont insure anything over 35 mph. I put one on the highway, tore it all to hell, and they covered it for the whole value.

I guess that this is not the best way to go, but its kind of like Olde English...it get the job done. Plus, at my age you never think that anything is going happen. Maybe Ill get wise with age.

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If things don't work out with the 25 in Texas I have a '98 with a 502mpi all stock. I would sell. I live in Ohio. If you are interested I could send you some photos.

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Sure send some pics. Id love to take a look.

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send me your email, here is mine. [email protected]

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if you did not get the email of the photos here is a link
http://www.putfile.com/convincor

Re: no insurance for a cat
 

im afraid your wasting 300 a month. for that tell the truth & get some insurance that will cover you if you need it.

Re: no insurance for a cat
 

Jwall,

Try International Water Saftey Foundation 1-888-346-4673. I just bought a 27 Daytona with a 525 Merc. They insured me in Florida!!! Cheap too!! Tell them Carlos Rivera sent you. The guys name is Rashid. I pay $2,550. Let me know :drink:

Re: no insurance for a cat
 

I would be VERY careful about getting insurnce with them. I would call the insurance commissioner in your state for some research before giving any money.

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What's wrong with that comapny? Have you heard of any problems? My friend also uses them so far so good, and the bank aproved them. Please let me know your thoughts.
Thanks :drink:

Re: no insurance for a cat
 

Go to general discussions and look up. ( Ready for a cat....can't get insurance).

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Dont lie to the companies. I had a friend with Allstate and there attourneys said if they found any lies on the policy it's no good. His Daytona was stolen and they pain out 130 grand! Now after that happened a couple of times they won't insure anything over 65mph. Thank god I used them before all that. I pay 499 per year!!! Only a $1000 deduct!!!!

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I tried looking for it but I cant seem to find it, maybe I am doing something wrong, could you please help me out.

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Re: no insurance for a cat
 

I'm currently looking at open bow cats in California. I talked to my State Farm rep and he said all he needed was the horsepower, size of boat, and brand. I told him 470 HP, 26 ft and Howard. He gave me a quote of $750.

Am I missing something here?

Thanks,
Bill

Re: no insurance for a cat
 

State Farm insured my 28 Daytona when I had stock power.

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If you dont mind me asking what do you pay a year and what deductable ? I am looking at buying a 28 with 496's as well. Are you happy with the boat? What speed did you get out of the stock power?

Re: no insurance for a cat
 

That was in 2001 and I think they were 330 HP. Never had it on the water with those engines, just paid the insurance while I was rigging the boat. I think it was ~$800. I have a pair of 625 hp engines now and I'm with Worldwide Marine.

Love the boat. I bought it after riding in a friends. We do 3 or 4 pokerruns a year and take several weekend trips a year that are around 300 miles long.

Re: no insurance for a cat
 

So, getting a boat under the 100mph is still a problem getting insurance? I was looking at some of the Daytonas with single engine applications,not crazy either 496H0, and the insurance is still hard to get? My Spectre was low 7K thats why its gone...Do I need to be looking at V's?

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I did not have a problem when I switched ALL my insurance over to a new company with my boat included.

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I think its worth every dollar either way. who wants to boat sea sick style anyway? If you boat in the mid west such as inland lakes and rivers I have a contact and they are at 900 bucks for a 27 daytona. The same for a buddies 26 daytona, but they dont do the coast or lake X. Oh and my 27 daytona is for sale.

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I just insured mine thru anpac and told them exactly what it had twin 525s 2004 30'eliminator daytona (smokin deal) I did change all of my insurance to them,Funny thing is in about 30 sec they said the boat would exceed 106 mph & I agreed that it would.

Re: no insurance for a cat
 

[QUOTE=drgnrydr]I just insured mine thru anpac and told them exactly what it had twin 525s 2004 30'eliminator daytona (smokin deal) I did change all of my insurance to them,Funny thing is in about 30 sec they said the boat would exceed 106 mph & I agreed that it would.[/QUTE tHE DID THE SAME THING TO ME. SAID THAT BOAT WILL DO OVER 100 MPH. WHY WOULD YOU WANT A BOAT THAT WENT THAT FAST. I JUST LAUGHED.

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Who do you use? I have a 28 Daytona with twin 500 hp motors.

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How much did your insurance cost?

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By the way, I too have heard a few stories of the IWSF. Do a good internet search and you will find Cease and Desist orders against them. I have heard that they will be quick to cover small deals but be careful with whole boat claims.

They are too cheap to believe considering the other quotes I was getting when I was thinking about getting a cat. They will insure you in states where they are not licensed to insure you. This is a serious issue.

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Gsmith9898 & jwall,

I have a 2002 28 Daytona I will be selling in the spring, but I could part with it now if you are interested. Twin 496's warr til 2007, and its loaded.