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Insurance on Turbine Boat

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Old 02-07-2006 | 10:03 AM
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Default Insurance on Turbine Boat

With all of the knowledge on this board..surely somebody can direct me to a place that might insure a turbine. I have already checked the obvious.(Sy,Bob Llewellen(sp)) It is a single turbine Eliminator. ANY ideas would be appreciated.
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Old 02-07-2006 | 10:06 AM
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Default Re: Insurance on Turbine Boat

We found you can insure it all all times except on the water. Liability only when its running
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Old 02-07-2006 | 10:07 AM
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Default Re: Insurance on Turbine Boat

I'd call John and ask him where his clients are getting their policies written at.
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Old 02-07-2006 | 10:13 AM
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Default Re: Insurance on Turbine Boat

It's dumb isn't it? They hear the word turbine and think it goes mach1 a more practical approach would be to base on base HP not engine type, am I wrong?
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Old 02-07-2006 | 11:01 AM
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Default Re: Insurance on Turbine Boat

I bet there is no insurance on the space shuttle either. And it probably has standard HP for a space shuttle.
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Old 02-07-2006 | 11:01 AM
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Default Re: Insurance on Turbine Boat

Possibly turbines got a bad rap for burning years ago?
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Old 02-07-2006 | 11:21 AM
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Default Re: Insurance on Turbine Boat

Originally Posted by Brad Zastrow
Possibly turbines got a bad rap for burning years ago?
I'm gonna say that would do it!
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Old 02-07-2006 | 11:27 AM
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Default Re: Insurance on Turbine Boat

It also has to do with the fact that if there's one malfunction at speed, it's guaranteed to be a total loss with multiple injuries.
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Old 02-07-2006 | 11:41 AM
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Default Re: Insurance on Turbine Boat

Sounds like it could be expensive
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Old 02-07-2006 | 12:40 PM
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Default Re: Insurance on Turbine Boat

It also has to do with the fact that if there's one malfunction at speed, it's guaranteed to be a total loss with multiple injuries.
That could never happen on a piston boat
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