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Layup Insurance Only for a Year

Old 11-16-2006, 03:14 PM
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Join Date: Jul 2006
Location: Loretto, Ontario
My Boats: Wild Horses - '89 Formula F311
Posts: 42
Default 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.
Thunder Struck is offline  
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Old 11-16-2006, 04:12 PM
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Join Date: Oct 2005
Posts: 721
Default 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.
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