Like Tree0Likes

Race Boat Insurance

Reply
Old 06-22-2005, 06:53 AM
  #1
Registered
Thread Starter
 
Join Date: May 2005
Posts: 3
Default Race Boat Insurance

We are an Aussie race team and wondering who you guys insure your fast boats with.

Any ideas would be greatly appreciated

Many thanks
wildman21 is offline  
Reply With Quote
Old 06-22-2005, 10:51 AM
  #2
Registered
 
Qball's Avatar
 
Join Date: Nov 2002
Location: Brick, NJ
Posts: 607
Default Re: Race Boat Insurance

As far as I know race boats are not insured. The only way you could get away with insuring it is if the boat started as a pleasure boat.
Qball is offline  
Reply With Quote
Old 06-22-2005, 10:57 AM
  #3
Registered
 
Love Machine's Avatar
 
Join Date: Nov 2002
Location: Annapolis/Baltimore, MD
Posts: 952
Default Re: Race Boat Insurance

I'm sure some of the racers will give ideas, but until they do go to the following race sites:

http://www.superboat.com/
http://www.offshoresuperseries.com/
http://www.apba-racing.com/
http://www.njoffshore.homestead.com
Love Machine is offline  
Reply With Quote
Old 06-22-2005, 11:06 AM
  #4
Forum Regulator
VIP Member
Trade Score: (1)
 
Sydwayz's Avatar
 
Join Date: May 2001
Location: Worldwide
My Boats: 17' Speedliner Cat & O.P.B.
Posts: 21,920
Default Re: Race Boat Insurance

A good friend of mine does not carry specific collision/comprehensive/theft/fire on his boats, but rather has a large Personal Liablility Umbrella Policy over everything he owns, cars, trucks, business, boats, etc. If he has a loss on/of the boat, he is in trouble.
Sydwayz is offline  
Reply With Quote
Old 06-22-2005, 11:37 AM
  #5
Enjoy the show
VIP Member
 
Ron P's Avatar
 
Join Date: Feb 2001
Location: The Joisey Shore
Posts: 10,353
Default Re: Race Boat Insurance

Try www.yachtquote.com and www.pmafastins.com

Race boats can be insured against fire, theft and over the road coverage. Once they hit the water at a race, the coverage falls away.
Ron P is offline  
Reply With Quote
Old 06-22-2005, 08:08 PM
  #6
Registered
Thread Starter
 
Join Date: May 2005
Posts: 3
Default Re: Race Boat Insurance

Thanks guys for the info.

Are there any racers who can sged anymore light on this very difficult issue

At one race recently one of the boats caught fire after a collision and sank. OUCH
wildman21 is offline  
Reply With Quote
Old 06-22-2005, 09:20 PM
  #7
Enjoy the show
VIP Member
 
Ron P's Avatar
 
Join Date: Feb 2001
Location: The Joisey Shore
Posts: 10,353
Default Re: Race Boat Insurance

and........so.............
Ron P is offline  
Reply With Quote
Old 06-22-2005, 10:54 PM
  #8
Registered
 
Join Date: Dec 2000
Location: Ormond Beach, FL
Posts: 1,393
Default Re: Race Boat Insurance

Quote:
Originally Posted by Ron P
Try www.yachtquote.com and www.pmafastins.com

Race boats can be insured against fire, theft and over the road coverage. Once they hit the water at a race, the coverage falls away.
Ron P is correct.

Ben
Ben@SRP is offline  
Reply With Quote
Reply

Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Hot Boat
OPA/The Jersey Boyz
4
11-21-2007 03:02 PM
hawkrace
General Racing Discussion
0
03-28-2006 04:54 PM
hawkrace
General Racing Discussion
3
02-23-2005 06:54 PM
SHARKEY-IMAGES
General Racing Discussion
8
08-20-2004 08:49 AM
Ryan Beckley
General Boating Discussion
0
03-17-2002 01:05 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 12:51 PM.


Copyright 2011 OffShoreOnly. All rights reserved.