Layup Insurance Only for a Year
11-16-2006, 02:14 PM
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Location: Loretto, Ontario
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Layup Insurance Only for a Year
I spoke to our insurance agent and they graciously offered to deduct $100 off of the price of our insurance if we laid up our boat (blown motor) for a year. 
Location is Ontario Canada, boat a ’89 Formula F311, current insurance is $1700. (80k+8K for trailer - full agreed value – 1k deductible). Yeah I know 80k, I keep waiting for the request for a survey. Guess that will come when we go to splash it again.
Anyone local know of a lay up policy?
Thanks in advance.
Location is Ontario Canada, boat a ’89 Formula F311, current insurance is $1700. (80k+8K for trailer - full agreed value – 1k deductible). Yeah I know 80k, I keep waiting for the request for a survey. Guess that will come when we go to splash it again.
Anyone local know of a lay up policy?
Thanks in advance.
11-16-2006, 03:12 PM
#2
Re: Layup Insurance Only for a Year
If your not going to use the boat cancel the policy and do a straight Inland Marine type policy just Teft and Fire. Which means you'll have no Insurance if you put it in the water it's just for transit/storage. [email protected] if you have any questions.
