Big cat owners...What did you wish you knew?
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#163
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My first yr insurance was about $21/$1000 value and a 5% deductible with the Tres Martin course and 5 years of 100+ V Hull experience and a boat under 130. Then second year I up graded power to get to 150mph and it stayed about the same but the deductible went up to 10%. So we are talking $7000-7500 for a $350K insured amount. That is with Total Dollar so if you have a $200K value boat it would stay down around $4k and yeah it is a lot but not just crazy money. I know of others paying even less if you just shop around.
#164
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My first yr insurance was about $21/$1000 value and a 5% deductible with the Tres Martin course and 5 years of 100+ V Hull experience and a boat under 130. Then second year I up graded power to get to 150mph and it stayed about the same but the deductible went up to 10%. So we are talking $7000-7500 for a $350K insured amount. That is with Total Dollar so if you have a $200K value boat it would stay down around $4k and yeah it is a lot but not just crazy money. I know of others paying even less if you just shop around.
#165
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I may never own a cat of that cost buy I think that would be pretty close. My Jag insurance cost is $3500 but the older hulls are a bit more expensive. Simply cost of the boat and speed determines the insurance cost.
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And before you say HOLY CHIT!!!!! If you can afford a $700K cat then you should not be too surprised at the insurance and if that is what would stop you from buying the boat then you probably have no business spending that kind of money on it!
#168
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I think that would be pretty accurate.
And before you say HOLY CHIT!!!!! If you can afford a $700K cat then you should not be too surprised at the insurance and if that is what would stop you from buying the boat then you probably have no business spending that kind of money on it!
And before you say HOLY CHIT!!!!! If you can afford a $700K cat then you should not be too surprised at the insurance and if that is what would stop you from buying the boat then you probably have no business spending that kind of money on it!
#169
Actually sounds right in line with i and my friends paid, maybe on the concervative side. Especially for a new cat owner, and on the price of a new cat. Your not going to get anything special for $6-700K for a new boat. The 1350's will eat up almost half of that. Figure in paint, rigging, pros, trailer, electronics and hull and that won't go very far these days unfortunately.
#170
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Ya and I don't think to many 1st time cat buyers are getting a 700k cat
Oh ya and screw new 1350s!! Lol
Oh ya and screw new 1350s!! Lol