Notices

Insurance renewal

Old 07-04-2022, 12:05 PM
  #1  
Platinum Member
Platinum Member
Thread Starter
iTrader: (6)
 
F-2 Speedy's Avatar
 
Join Date: May 2012
Location: Midwest & T-Rock
Posts: 9,414
Received 2,032 Likes on 932 Posts
Default Insurance renewal

I know another insurance thread, my policy renews at the 7-31 and they are requiring an out of water survey by a AMS / SAMS accredited surveyor, from some of the posts Ive seen some of them have had issues getting it right. Maybe its time to shop around ? never had a claim on any of the boats I've owned. 700-800 bucks for an hours worth of work seems a little extreme to me.
F-2 Speedy is offline  
The following users liked this post:
Padraig (07-04-2022)
Old 07-04-2022, 02:57 PM
  #2  
Registered
iTrader: (5)
 
Join Date: Jul 2009
Location: Taunton Ma
Posts: 8,353
Received 554 Likes on 271 Posts
Default

Originally Posted by F-2 Speedy View Post
I know another insurance thread, my policy renews at the 7-31 and they are requiring an out of water survey by a AMS / SAMS accredited surveyor, from some of the posts Ive seen some of them have had issues getting it right. Maybe its time to shop around ? never had a claim on any of the boats I've owned. 700-800 bucks for an hours worth of work seems a little extreme to me.
an insurance survey shouldn’t be that much, and a real survey shouldn’t take an hour. I don’t know anyone out your way, but a good survey would actually be worthwhile
Unlimited jd is offline  
Old 07-04-2022, 03:08 PM
  #3  
Platinum Member
Platinum Member
Thread Starter
iTrader: (6)
 
F-2 Speedy's Avatar
 
Join Date: May 2012
Location: Midwest & T-Rock
Posts: 9,414
Received 2,032 Likes on 932 Posts
Default

Originally Posted by Unlimited jd View Post
an insurance survey shouldn’t be that much, and a real survey shouldn’t take an hour. I don’t know anyone out your way, but a good survey would actually be worthwhile
I had a survey done on this boat in 2017 to get insurance and it was 700 bucks..... and I agree on the time the guy talked for an hour before he did anything
F-2 Speedy is offline  
Old 07-04-2022, 03:14 PM
  #4  
Platinum Member
Platinum Member
 
bencini231's Avatar
 
Join Date: Jul 2013
Location: Paducah,Ky
Posts: 472
Received 332 Likes on 150 Posts
Default

Originally Posted by F-2 Speedy View Post
I know another insurance thread, my policy renews at the 7-31 and they are requiring an out of water survey by a AMS / SAMS accredited surveyor, from some of the posts Ive seen some of them have had issues getting it right. Maybe its time to shop around ? never had a claim on any of the boats I've owned. 700-800 bucks for an hours worth of work seems a little extreme to me.
I do know of one gentleman near you, Not sure what he charges for a insurance survey, but he is 100% top notch. He handles a lot of the new performance boats around LOTO as well as quite a few from the MTI factory. I'll text you his card info after work. He drove to Paducah to survey one of mine.
bencini231 is offline  
Old 07-04-2022, 03:17 PM
  #5  
Platinum Member
Platinum Member
Thread Starter
iTrader: (6)
 
F-2 Speedy's Avatar
 
Join Date: May 2012
Location: Midwest & T-Rock
Posts: 9,414
Received 2,032 Likes on 932 Posts
Default

Originally Posted by bencini231 View Post
I do know of one gentleman near you, Not sure what he charges for a insurance survey, but he is 100% top notch. He handles a lot of the new performance boats around LOTO as well as quite a few from the MTI factory. I'll text you his card info after work. He drove to Paducah to survey one of mine.
Thanks man....
F-2 Speedy is offline  
Old 07-05-2022, 10:47 AM
  #6  
Platinum Member
Platinum Member
Thread Starter
iTrader: (6)
 
F-2 Speedy's Avatar
 
Join Date: May 2012
Location: Midwest & T-Rock
Posts: 9,414
Received 2,032 Likes on 932 Posts
Default

Well I got lucky, found a guy local to me in the KC area to get the survey done and very reasonable $$$
F-2 Speedy is offline  
The following 3 users liked this post by F-2 Speedy:
Griff (07-07-2022), ICDEDPPL (07-07-2022), Sydwayz (07-06-2022)
Old 07-05-2022, 11:13 AM
  #7  
Registered
 
Join Date: Sep 2002
Location: San Antonio, TX.
Posts: 664
Received 70 Likes on 29 Posts
Default

Just got done meeting with the surveyor on our cruiser for the new owner. Buyers bank required the survey and also requested a haul out. Guy paid 1200 for the survey and another 800 bucks to just to haul it out, take a pic of it out of the water and drop it back in.
HOSSMAN is offline  
Old 07-05-2022, 11:29 PM
  #8  
Charter Member # 55
Charter Member
 
Griff's Avatar
 
Join Date: Oct 2000
Location: Omaha/LOTO
Posts: 18,924
Received 1,228 Likes on 605 Posts
Default

Originally Posted by F-2 Speedy View Post
I had a survey done on this boat in 2017 to get insurance and it was 700 bucks..... and I agree on the time the guy talked for an hour before he did anything
Bets bet would prob be to have the same person update the survey. I'm fairly sure you will need a new survey for any new insurance company you might go with too.
Griff is offline  
Old 07-06-2022, 07:14 AM
  #9  
Platinum Member
Platinum Member
Thread Starter
iTrader: (6)
 
F-2 Speedy's Avatar
 
Join Date: May 2012
Location: Midwest & T-Rock
Posts: 9,414
Received 2,032 Likes on 932 Posts
Default

Originally Posted by Griff View Post
Bets bet would prob be to have the same person update the survey. I'm fairly sure you will need a new survey for any new insurance company you might go with too.
The 2017 survey was done at Table rock and the guy came out of Little rock now the boat stays in my shop so the local guy is just 30 min away, agree on all the insurance co. wanting it
F-2 Speedy is offline  
Old 07-06-2022, 04:38 PM
  #10  
Registered
 
Join Date: Nov 2007
Location: Cleveland, Ohio
Posts: 3,814
Received 319 Likes on 139 Posts
Default

Has any other company come online? I am grandfathered with Foremost, another +16.5% hike this year. $5,292 for a 1990 Top Gun.

I heard the Outerlimits owners were having issues also.
frickstyle is offline  

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information

Copyright © 2021 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.