Dean Ferry

Man, it's just freaking CRAZY how much it costs to TRY and insure a 35+ Ft. Power boat in FL. I have no claims, a clean driving record, and 45 years young!
Sy Goldberg has given me the best $$ so far, BUT I'm having a hard time justifying paying $3,000.00 + with a 4% deductible for a 120,000.00-140,000.00 BOAT! To Sy , Dave, Rodney, and all the other insurance agents, thanks for your time and effort in trying to help me find reasonable insurance.
I'm kinda @ a impasse on buying a new boat, (HQ has already given the OK, for the new boat!!)
UNLESS I can find more reasonable insurance! What kills me is the same boat anywhere else is roughly 50% less for insurance!
Real Mean Dean

Donzi Corleone

Cause we boat 12 months a year,no layups like up north

Donzi Corleone

Some up north would say we pay that much and don`t boat Nov.-March...Its high everywhere now! U wanna play u gonna have to pay and they know u will..

mopower

Oh yeah???? You'll pay that much in Jersey WITH a layup

Rippem

BINGO ...CHA...CHING ...paying 2K for 140K ageed value V-bottom w/ 6 month layup. I am excellent risk also...and that was a good price! Another $4-600 for 500 HP's and the speed that goes with them! Insurance is as much as my slip, and almost as much as a season's fuel here (5-6 mo season at most). It's f**kin' rediculous!

Dean Ferry

Well guys thanks for making me feel a little better about the insurance $$ associated with bigger boats.

Rippem,
What size is your Formula, and what power do you have in it? I'm looking @ some 2000 353's with HP500 EFI's and that's what I'm getting the quotes on.

Maybe I'm just too much of a tight wad! I guess the old adage comes to mind, "If you want to PLAY, you have to PAY $$$$!!!!
MD

Rippem

Dean, 353 w/425's. I had intended on buying a used one w/500's also but the interest rate, insurance, full 5 years of warranty, easier on fuel, put me to looking for a new boat w/ black motors.

Fountain38

$3200.. with 4 month layup in Ok. 36 daytona with 500's!!!! It sucks!!!

rainmn

Beat me to the punch on that one.

Rippem

F38 that's really not bad considering the value and speed, and that it's a CAT . Were you able to prove prior cat experience? I understand that makes a substantial difference in the premium. The first time cat owner gets hit HARD!!