Like Tree0Likes

insurance woes

Reply
Old 06-22-2002, 09:07 PM
  #1
Platinum Member
Platinum Member
Thread Starter
 
Fountain38's Avatar
 
Join Date: Mar 2001
Location: Pryor, Ok.
My Boats: 2003 36 Daytona with 500 EFI's
Posts: 448
Default insurance woes

BM, the insurance problem sucks. My eliminator cat is 1870.00 per year with 5% deductable and it does not even cover hitting underwater obstructions ( stumps etc...) Most wanted 4000.00 per year, but I'm with Farmers and have Two commercial buildings, Two houses, Three autos, and one other small boat, with a good low claim record and they still won't budge on the price, or the coverage. Before I purchased the boat my agent told my "no Problem" on getting coverage. My fountain was only 7-800 year but the cat scares em I guess.
Fountain38 is offline  
Reply With Quote
Old 06-22-2002, 09:09 PM
  #2
Platinum Member
Platinum Member
Thread Starter
 
Fountain38's Avatar
 
Join Date: Mar 2001
Location: Pryor, Ok.
My Boats: 2003 36 Daytona with 500 EFI's
Posts: 448
Default

I guess I screwed up on my reply, Oh well It won't be the first time. Blown Formula this message was for you.
Fountain38 is offline  
Reply With Quote
Old 06-23-2002, 03:43 AM
  #3
Registered
 
eliminator219's Avatar
 
Join Date: Apr 2002
Location: Valparaiso, Indiana
My Boats: 1999 Eliminator Daytona
Posts: 450
Default Cat Insurance high? Youbet!!

Fountian 38
Have eliminator also and have insurance thru Kaigle out of Tenn and mine is 2300 this coming year,was 1900 this year and I have never had a claim in over thirty years. Wait until you get your new homeowners rates, they have almost tripled.
If this keeps up, My need for speed may have to slow down!!

eliminator219
eliminator219 is offline  
Reply With Quote
Old 06-23-2002, 08:49 AM
  #4
Registered
 
Blade38's Avatar
 
Join Date: Jun 2002
Location: Daytona Beach-Dallas
My Boats: 04 TOP GUN BABY YEAH!!!
Posts: 139
Default Insurance

My Fountain 42 is 4k/year. eeks
Blade38 is offline  
Reply With Quote
Old 06-23-2002, 10:14 PM
  #5
Registered
 
jdnca1's Avatar
 
Join Date: Feb 2002
Location: KY
Posts: 1,099
Default

Fountain;

You might try telling your insurance company its all or none, at reasonable prices. My dad did that in the past when they said they were going to significantly raise his premiums for his airplane. Guess they didn't want to loose all of his other business because they came back down to what they were always charging him. No claims or anything...they just wanted to see if he would pay it I guess. Just a thought. Good luck. I don't know which eliminator you have, but my 26 Carrera Cat is about 850.00 a year through Progressive.

Last edited by jdnca1; 06-23-2002 at 10:17 PM.
jdnca1 is offline  
Reply With Quote
Old 06-24-2002, 04:35 PM
  #6
Registered
 
blown formula's Avatar
 
Join Date: Feb 2001
Location: Lake Eufaula, Ok.
My Boats: 312 Formula & 31SS Sonic
Posts: 1,506
Default

fountain38
Robert- You may want to call Sy Goldberg, I just insured with him & saved close to 30% over what Farmers wanted to sub-insure me for....and for less coverage. ([email protected])

I also found out that most Boat insurance is for Watercraft Liability coverage only (Bodily injury & Property damage).
Sy's policy is for :
Protection & Indemnity
& covers a lot more "stuff".

blown formula is offline  
Reply With Quote
Old 06-24-2002, 10:09 PM
  #7
Registered
 
eliminator219's Avatar
 
Join Date: Apr 2002
Location: Valparaiso, Indiana
My Boats: 1999 Eliminator Daytona
Posts: 450
Default Goldberg,Insurance

How about a phone number or address on this man?
I would like to see if maybe I can save some money with this guy..It would be something different seems like all I do is spend!!

Regards, eliminator219
eliminator219 is offline  
Reply With Quote
Old 06-24-2002, 10:29 PM
  #8
Platinum Member
Platinum Member
Thread Starter
 
Fountain38's Avatar
 
Join Date: Mar 2001
Location: Pryor, Ok.
My Boats: 2003 36 Daytona with 500 EFI's
Posts: 448
Default

George, Talked to Sly a few months ago and he could no insure cats smaller than 30 some foot. Anyway mine did not fit his criteria.
Hey what ever happened to the Lake Eufaula Poker run Pics. I that new digital Camera to high teck for ya
Just kidding.
Fountain38 is offline  
Reply With Quote
Reply

Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Dave98
Powerquest
11
05-13-2005 10:39 AM
BadDog
General Q & A
5
08-17-2004 09:42 PM
Mother
General Q & A
4
07-09-2002 06:12 AM
Barryneedsaboat
General Boating Discussion
4
01-17-2002 10:02 PM



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 09:20 PM.


Copyright 2011 OffShoreOnly. All rights reserved.