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Got my new insurance quote, Want to buy a Motion?

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Old 03-11-2005, 10:57 PM
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Default Re: Got my new insurance quote, Want to buy a Motion?

Quote:
Originally Posted by Audiofn
I am with you Lube if my insurance was that high I would have to sell my boat. That is rediculous. I feel lucky paying 800 for my 18 Donzi with a 6 month layup. That is just way to painfull to even think about.

May want to call up Sy for some insite anyhow.

Jon
Sy's company is who it's thorugh. I dealt with John who is an absolute pleasure!! He is as reputable as they come! He dosen't make the rates!!! I trust him completely. If they say that's what it is, then that's what it is. Just think what you could do with $12,886!

644 Friction dances and 2 diet cokes
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6,443 Diet cokes!!!

It just isn't fair!!!!
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Old 03-12-2005, 12:12 AM
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Default Re: Got my new insurance quote, Want to buy a Motion?

I'm suprised that everyone is so suprised. It has been this way for at least the last 3 yrs that I have had cat ins. and there have been multiple threads about it. I still think it sucks but if you want to play you gotta pay.
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Old 03-12-2005, 12:58 AM
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Question Re: Got my new insurance quote, Want to buy a Motion?

I wonder what it would take to Self-Insure ???
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Old 03-12-2005, 01:38 AM
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Default Re: Got my new insurance quote, Want to buy a Motion?

Do you even need ins. and is it even required?
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Old 03-12-2005, 07:02 PM
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Default Re: Got my new insurance quote, Want to buy a Motion?

Yes, some of you ARE missing something. '04 was riddled with serious and fatal incidents, gas powered and turbine. As someone said above, these boats come with big expenses. I'm sure the insurance companies read magazines and check web sites. Cats costing +/- a million bucks and go in excess of 150 are going to have premiums more than the average Bayliner
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Old 03-12-2005, 07:19 PM
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Default Re: Got my new insurance quote, Want to buy a Motion?

LubeJobs42,
You might have to do some re-thinking here.....how much money did you just put into your boat? (It seems like you just dumped alot of money in the boat) if you sell it, will you lose alot more money?
Sounds like a tough decision.
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Old 03-12-2005, 07:41 PM
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Default Re: Got my new insurance quote, Want to buy a Motion?

The claim that took BLACKADAR marine insurance out of business was a turbine cat in CHESAPEAKE BAY.The claim amount was $2,000,000 and there was not enough premium money in the pot to sustain the program.I can only say that the companies that are still writing cat insurance do not want this scenario to happen to them.
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Old 03-12-2005, 08:15 PM
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Default Re: Got my new insurance quote, Want to buy a Motion?

Quote:
Originally Posted by GLH
A friend pays $11k for a Nortech 36...

That's a commitment.
not this friend I hope!!!!!
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Old 03-12-2005, 08:40 PM
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Default Re: Got my new insurance quote, Want to buy a Motion?

Quote:
Originally Posted by CAP071
Emotion Driver from here, sold his Motion due to Ins rates I think.

They will slowly put the speed boat business out of reach for most
Capo, yes it's gone insurance made it NO fun.

If it wasn't for the numb nutz that killed themselves running a cat for the first time, or the azzholes that bought the cat 's for a season, then arranged a stolen boat.

We would all have lower rates.

THANKS AZZ WHOLES....
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Old 03-12-2005, 08:53 PM
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Default Re: Got my new insurance quote, Want to buy a Motion?

Quote:
Originally Posted by License To Thrill
That was Ed Mosmiller.
Hind site being 20/20 he probably should have tested the boat a few day's later after the first shaft breaking.

At least he perished at what he loved...SPEED...RIP Ed & Roger...

Last edited by eMotiondriver; 03-12-2005 at 08:58 PM.
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