Who do you use to insure your big, fast cat?
05-20-2004, 11:26 AM
#13
Re: Who do you use to insure your big, fast cat?
Originally Posted by thisistank
a friend of mine who is building a 43 Nortech cat w/new 1075's just decided to do an umbrella policy in the millions. 
05-20-2004, 11:38 AM
#14
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Re: Who do you use to insure your big, fast cat?
Be careful regarding umbrella policies. Just because you have one, do not assume it will cover over your boat. Most umbrella carriers will not cover over boats in excess of 55mph. You need to contact your agent or carrier and let them know about the boat, its speed, and information regarding the underlying coverage or the umbrella will not respond. They will also make a charge for covering over a boat if they accept the risk. BUYER BEWARE!
05-20-2004, 11:44 AM
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Re: Who do you use to insure your big, fast cat?
What Rocky said. I ran across a situation where an Ins. Co would not offer an umbrella if I owned ANY boat.
Gary
Gary
05-20-2004, 11:49 AM
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Re: Who do you use to insure your big, fast cat?
I thought Sy was still doing cats? He can at least tell you were to go find insurance if he cant do it. I have sent people to him in the past and found him to be a stand up guy! Its worth a call.
05-20-2004, 12:03 PM
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Re: Who do you use to insure your big, fast cat?
I have mine through Strayer Insurance in Sanduskly Ohio. Cannot remember the underwriter off hand. $5,500. I may have got a little break because they also insure my plane and have insured my Cigarettes since 1994. This is the 3rd year with the cat.
Umbrellas' (my take) are designed for liability not the base of the boat.
Umbrellas' (my take) are designed for liability not the base of the boat.
05-20-2004, 12:15 PM
#18
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Re: Who do you use to insure your big, fast cat?
Blackadar Insurance in Rhode Island writes big cats..ask for Bill Butler. I have a 36 Nor-Tech with 950's no problem.........
zzie
zzie
05-20-2004, 12:19 PM
#19
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Re: Who do you use to insure your big, fast cat?
Originally Posted by The Wizard
Blackadar Insurance in Rhode Island writes big cats..ask for Bill Butler. I have a 36 Nor-Tech with 950's no problem.........
The Skater Turbine tragedy in the Cheasapeak Bay has made so their carrier is getting out of that business.
Bill works at a Golf Course now.
05-20-2004, 12:29 PM
#20
Re: Who do you use to insure your big, fast cat?
Originally Posted by GLH
The Skater Turbine tragedy in the Cheasapeak Bay has made so their carrier is getting out of that business.
