Real Problem in South Florida
 

Well after we keep getting slammed with these god forsaken storms, Now auto, home and especially marine insurance is getting VERY crazy down here. If anyone knows of a company that writes marine policy's in South Florida for NOT 6-7-8% of the insured value of a boat (thats a bunch of BS as far as I am concerned) I need some insurance help. If ANYONE knows of a solid company that will insure performance boats down here for a reasonable rate, could you please either post it up here or PM me. Im in a real jam and need some help with this insurance bs.
Thanks guys! Appreciate any help in this matter.
Jason

Re: Real Problem in South Florida
 

Did you try Worldwide? If not let me dig up a couple other numbers for you.

Re: Real Problem in South Florida
 

I went to their site yesterday and entered the online application. Ill have to follow up with them today to see if they can extend insurance to me at this time or not. Any and All numbers would be greatly appreciated, Im guessing I have to shop them all to find out what my best options are going to be dollar for dollar in comparison to the amount of coverage I want to carry.
Sy told me yesterday he cant help me. The GODFATHER of insurance referred me to his TX office to see if they could help me.
That one shocked me! SY could not get it done reasonably. Why I think I am in trouble. Good credit score, no tickets, accidents in the last 10+ years, nothing bad at all. Just these storms are having a major effect on life down here.

Re: Real Problem in South Florida
 

YUP....I heard from clients that they are getting special notifications from their insurance carriers not take their boats to FL at any time. Their insurance would not be covering ANY FLORIDA boating even if just for a weekend no matter wht time of year it is. That is hardcore trouble for you guys :(

Re: Real Problem in South Florida
 

Is this for your Baja...or did you buy an Apatchee??

Re: Real Problem in South Florida
 

Call Bob @ worldwide, I have my Nordic insured thru him and my rate went up $18.00 this year! :D
Dean

Re: Real Problem in South Florida
 

Sy said he would take care of me before we bought the 288 then when the time came he said he couldn't and i'm in NY, so don't feel bad,, then when he could he was a grand more than boat US..

Re: Real Problem in South Florida
 

www.imiscorp.com

Check the contact page and talk to Reese Scott. Great guy with a lot of contacts. Insured my Sonic much cheaper than the other guys.

Re: Real Problem in South Florida
 

Okay waiting for call backs and quotes on these places.
So far im at 6400 a year for Markel
Whom I can honestly say can kiss the fattest part of my a$$.

I might have to register the boat somewhere else and put some sort of Rider on it that it can come down here and get it out of here in the hurricane season.
This is PURE BS!

Re: Real Problem in South Florida
 

here's an interesting concept.
A. if you cant afford the ins, then you cant afford the boat.
B. If you can afford the ins. then you can probably afford not to have any.

Re: Real Problem in South Florida
 

2454 State Farm
300K liability
5K medical
8K trailer
85K boat
3000 Deductible boat
250 Deductible Trailer

In other words

SOLD!

Thanks guys! I really Appreciate ALL the help and information listed above trying to help me out.
Thanks again!
Jason

Re: Real Problem in South Florida
 

So, What did you buy? I seriously doubt that you need 85K agreed value on the baja! :D

Re: Real Problem in South Florida
 

I'm paying 650 per year w/ state farm w/ an agreed full replacement value..

Re: Real Problem in South Florida
 

sounds like a great deal. There is hope for ins afterall. what boat is it? power? speed?

Re: Real Problem in South Florida
 

The problem is nationwide. I'm in upstate NY and went up 49%. Nobody can help :mad: Gotta pay or find a new hobby.

Re: Real Problem in South Florida
 

Mine went up 50%

Re: Real Problem in South Florida
 

Steve, State farm asked me a list of questions and came back with 2454
im not complaining, like I said above

SOLD!
Getting my taxes done tonight, Ill be there tomorrow after work with a check in hand for the whole year

Re: Real Problem in South Florida
 

Jay,
Be careful, I had state farm on my Velocity, and when I was looking @ buying the Nordic, I called my agent, gave him all the specs, and he sent it to underwriting. They said yes, i went to set up the survey, and I get a call from my agent, saying that "The underwriter made a mistake, and that State Farm won't insure any "Speed boats" over 30'" :mad:
Dean

Re: Real Problem in South Florida
 

What do you have???

Re: Real Problem in South Florida
 

1999 27 Fountain 1x415
Territory: Coastal/Rivers
58K boat/trailer
500K liability
5K medical per person
Discounts: Multi-Line 10% Claim Free 15% Safe Driver 10%
$576.00 per year
American National

Re: Real Problem in South Florida
 

Hate to say it....State Farm Underwriting will probably kick it back in a week or so....They dont much like Florida anymore.....

Re: Real Problem in South Florida
 

Have you checked out National Boating of America (NBOA) out of Sarasota. My renewal was the same as last year

Re: Real Problem in South Florida
 

Problem is too many leave their boats behind to get wrecked in these storms. Yea they get a replacement check. But We are the one's writing those checks :rolleyes: