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

Any ideas would be greatly appreciated

Many thanks

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.

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

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.

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.

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

and........so.............

Ron P is correct.

Ben