Like Tree0Likes

This insurance and fuel is outa control!!!!!!!!!

Reply
Old 05-11-2005, 10:08 PM
  #41
Registered
 
Formula Outlaw's Avatar
 
Join Date: May 2003
Location: In the Mountains
My Boats: was a 89" Formula 311-SR1
Posts: 11,772
Default Re: This insurance and fuel is outa control!!!!!!!!!

Frank, I'm really sorry to hear of your, and others, problems with the insurance industry. That's why I have a 15 year old boat with average power. It's the only way I can afford to even be on the fringe of performance boating. There's no way in hell I could take a 6K insurance bill. Between my Homeowner, Flood, and Wind insurance, I'm taking a 6K per year hit, and that don't include my 3K property taxes, and I can't even drink the friggin' water here at home, hell I can't even wash my truck with it.

Doesn't do anyone any good to have a boat and not to be able to enjoy it because of the insurance/fuel costs. One possible answer might be to downsize somehow to something that is still fun to drive but not cost an arm and leg. Whatever happens I hope you don't get out of boating. You and Jana are truly two of the good "guys". Russ
Formula Outlaw is offline  
Reply With Quote
Old 05-11-2005, 10:32 PM
  #42
Steve_H
Guest
 
Posts: n/a
Default Re: This insurance and fuel is outa control!!!!!!!!!

Quote:
Originally Posted by GLH
What your saying is that there is a Fountain out there worth that much?






Give it a year it will fall in line...
nice
 
Reply With Quote
Old 05-11-2005, 10:44 PM
  #43
Registered
Thread Starter
 
Join Date: Oct 2001
Location: Tampa,Fl.
My Boats: 2001 26 ZX DONZI 496HO
Posts: 1,124
Default Re: This insurance and fuel is outa control!!!!!!!!!

Im thinkin about the down size, but Im going to be so upside down its gonna take a very creative salesman to work those numbers.
Donzi Corleone is offline  
Reply With Quote
Old 05-11-2005, 10:48 PM
  #44
Registered
 
Dave98's Avatar
 
Join Date: Jan 2003
Location: Overland Park
My Boats: 2003 Revenge 300 Powerquest
Posts: 243
Default Re: This insurance and fuel is outa control!!!!!!!!!

Safeco,after collecting premiums all winter, has decided to cancel my boat insurance according to the letter "due to speed". I jusy bought the boat in late September, they thought about it for 7 months and then decided, just-in-time for boating season, to cancel.

Maybe it took that long to review the policy...........

Thanks Safeco. I appreciate it.
Dave98 is offline  
Reply With Quote
Old 05-12-2005, 12:42 AM
  #45
Banned
 
cuda's Avatar
 
Join Date: Sep 2001
Location: Deland, Florida
Posts: 25,191
Default Re: This insurance and fuel is outa control!!!!!!!!!

Quote:
Originally Posted by Dave98
Safeco,after collecting premiums all winter, has decided to cancel my boat insurance according to the letter "due to speed". I jusy bought the boat in late September, they thought about it for 7 months and then decided, just-in-time for boating season, to cancel.

Maybe it took that long to review the policy...........

Thanks Safeco. I appreciate it.
I'd call the state insurance commisioner over that chit!
cuda is offline  
Reply With Quote
Old 05-12-2005, 12:43 AM
  #46
Banned
 
cuda's Avatar
 
Join Date: Sep 2001
Location: Deland, Florida
Posts: 25,191
Default Re: This insurance and fuel is outa control!!!!!!!!!

Frank, is it possible to take out a Heloc, pay off the boat and just carry liability?
cuda is offline  
Reply With Quote
Old 05-12-2005, 12:50 AM
  #47
Registered
 
FOUNTAINATLAST's Avatar
 
Join Date: Aug 2004
Location: Sunny, AZ
My Boats: 2001 Fountain Fever
Posts: 1,182
Default Re: This insurance and fuel is outa control!!!!!!!!!

[/QUOTE]I can live with 933/yr on a new 42 Fountain. Went up 300. from the 1993 35. Allstate[QUOTE]

Thats exactly what I pay (933) for a 2001 27' Fountain. You got a pretty sweet deal with twice the boat if your policy is correct!!!
FOUNTAINATLAST is offline  
Reply With Quote
Old 05-12-2005, 07:55 AM
  #48
Registered
Thread Starter
 
Join Date: Oct 2001
Location: Tampa,Fl.
My Boats: 2001 26 ZX DONZI 496HO
Posts: 1,124
Default Re: This insurance and fuel is outa control!!!!!!!!!

Quote:
Originally Posted by cuda
Frank, is it possible to take out a Heloc, pay off the boat and just carry liability?
Naaa...I just bought a new place. I don't want to tie up everything I have for the boat. Im gonna see if I can get a 6 month layup Nov 1 thru May1..Then see what happens next year..
Donzi Corleone is offline  
Reply With Quote
Reply

Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
hdtvned
General Q & A
0
03-21-2007 10:30 AM
sy goldberg
General Boating Discussion
19
07-07-2005 04:07 PM
Need-the-Speed
Northeast US
13
06-20-2005 02:27 AM
Payton
General Boating Discussion
5
01-10-2003 08:21 AM
Too slow
General Boating Discussion
3
11-26-2002 01:18 AM



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 On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 11:21 AM.


Copyright 2011 OffShoreOnly. All rights reserved.