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Is this an outrageous insurance quote?

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Old 01-16-2003, 03:03 AM
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Default Is this an outrageous insurance quote?

Your 12 month quote is $12309.00

This rate is based upon the information you have just provided along with a credit inquiry. If you decide to purchase a Progressive policy, we will verify driving records, claims history and other required information.
Learn more about our credit inquiry.
QUOTE NUMBER - 899850126
Start your policy today for just $1,107.81
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This is for a 2003 38' Lightning that goes 70 mph top speed, they won't write anything over 70. Also won't write OT's or AT's on the online options...We're just getting an idea of what ins will be.

Who is the best ins. co. to deal with on Hi-Po boats like these? I met a kid one day that said his policy was $5k for the year on the same type of boat as this...Why would it be this much for a 55 y/o man with perfect credit and everything else???
 
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Old 01-16-2003, 03:16 AM
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That's insane....way, way insane
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Old 01-16-2003, 05:55 AM
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Sy wrote me a policy in 15 minutes for under $2000.00 for a 94 Top Gun I would atleast give him a call
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Old 01-16-2003, 07:00 AM
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OTIS311

what kind a vessel.............that's the question
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Old 01-16-2003, 07:30 AM
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Save yourself a boat load of time......call Sy @ Total Dollar Ins.
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Old 01-16-2003, 08:41 AM
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Yup either Sy or our weekly jokester Risk Taker. They will both be able to hook you up

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Old 01-16-2003, 09:24 AM
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hell... I WILL insure your boat for that price!!! (then Ill just cover my arse by going to sy) hehehehe
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Old 01-16-2003, 09:38 AM
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Sy Goldberg takes good care of folks here.
Reese at IMIS insurance takes care of me each year as well.

1-800-541-4647
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Old 01-16-2003, 10:28 AM
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In addition to all the usual costs with hi performance boats, etc; one of the biggest penalties you are paying for is the outdrives. The same value boat (with less performance naturally) with V-drives or direct drives will cost you much less...
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Old 01-16-2003, 10:36 AM
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For comparison, I just paid $4200 for a 99 35 lightning. That's for 12 months as we use it in Florida in the winter and New Jersey in the summer.

Sy Goldberg @ Total dollar has taken good care of us.

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