Go Back  Offshoreonly.com > General Discussion > Insurance and Finance
Best place to Insure a 25 Cat >

Best place to Insure a 25 Cat

Notices

Best place to Insure a 25 Cat

Thread Tools
 
Old 12-11-2006, 05:59 PM
  #1  
Racer
Racer
Thread Starter
 
2 Trick Rick's Avatar
 
Join Date: Aug 2004
Location: Chesterfield, MI
Posts: 2,802
Likes: 0
Received 0 Likes on 0 Posts
Question Best place to Insure a 25 Cat

Best place to Insure a 25 Cat?

Ok, I have my 29 Scarab (along with my home and 2 Cars) Insured with State Farm but they said they will not insure “Powered Catamarans”; than in the same sentence he asked if it was like a 28 Skater that they insure (WTF?) But I may just say’ F*&%k it and go with the “self-Insurance”

36yrs old with No Points (EVER) – No Claims (EVER) – and perfect credit (over 750)

25' Motion with (2) Merc 200hp's
2 Trick Rick is offline  
Old 12-12-2006, 05:25 AM
  #2  
Registered
 
Join Date: Nov 2000
Location: NJ
Posts: 560
Likes: 0
Received 0 Likes on 0 Posts
Default Re: Best place to Insure a 25 Cat

I would think Markel will insure it, They have insured our 28' Skater and 32' Skater. How do you "Self Insure"?? Can you tell me more about it? Does that mean you have NO Insurance, and if you get a $500,000 Liability claim, you have to defend it out of pocket, and if there is a settlement to be paid, you have to pay that yourself? I hear the term "Self Insure" all the time on this board, but never understood what it means,, the loss of the hull, boat, trailer, etc. is not what I am concerned about, that value is finite,,, the Liability is the issue.

Philip
Philip is offline  
Old 12-12-2006, 05:31 AM
  #3  
ENABLER
Platinum Member
 
BLAZE's Avatar
 
Join Date: Aug 2005
Location: SPARTA
Posts: 631
Received 0 Likes on 0 Posts
Default Re: Best place to Insure a 25 Cat

Markel for east coast--- been there done that! $1100.00
cougar23mtr t/225 pm's


Last edited by BLAZE; 12-12-2006 at 05:34 AM.
BLAZE is offline  
Old 12-12-2006, 08:10 AM
  #4  
Racer
Racer
Thread Starter
 
2 Trick Rick's Avatar
 
Join Date: Aug 2004
Location: Chesterfield, MI
Posts: 2,802
Likes: 0
Received 0 Likes on 0 Posts
Default Re: Best place to Insure a 25 Cat

Originally Posted by Philip
I would think Markel will insure it, They have insured our 28' Skater and 32' Skater. How do you "Self Insure"?? Can you tell me more about it? Does that mean you have NO Insurance, and if you get a $500,000 Liability claim, you have to defend it out of pocket, and if there is a settlement to be paid, you have to pay that yourself? I hear the term "Self Insure" all the time on this board, but never understood what it means,, the loss of the hull, boat, trailer, etc. is not what I am concerned about, that value is finite,,, the Liability is the issue.

Philip

Self-Insurance pretty much means my personal property and liability insurance will cover up to 500K if I do something stupid and get sued. If I wreak the boat, my loss.. I wont get compensation.
2 Trick Rick is offline  
Old 12-12-2006, 12:04 PM
  #5  
Registered
 
Join Date: Jun 2006
Location: Houston, TX
Posts: 174
Likes: 0
Received 0 Likes on 0 Posts
Default Re: Best place to Insure a 25 Cat

2 Trick Rick,
Give me a call and I will be happy to help you with a quote for your 25 Cat.

David Barbee
Elton Porter Insurance
800-759-2628 Ext. 203
Elton Porter Insurance is offline  
Old 12-12-2006, 08:45 PM
  #6  
Registered
 
Join Date: Nov 2000
Location: NJ
Posts: 560
Likes: 0
Received 0 Likes on 0 Posts
Default Re: Best place to Insure a 25 Cat

Thank you 2 trick Rick,,

Philip
Philip is offline  
Old 01-15-2007, 04:20 PM
  #7  
Registered
 
Join Date: Aug 2006
Posts: 12
Likes: 0
Received 0 Likes on 0 Posts
Default Re: Best place to Insure a 25 Cat

2 Trick Rick,

We have a couple markets that other brokers do not. Call me, I'd love to try and help you. Or you can email me your info. [email protected]

Stacy Shute
Wake Zone Marine Insurance Brokerage
480-357-9663

Last edited by stacyshute; 08-25-2009 at 09:56 PM.
stacyshute is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Sean
Insurance and Finance
16
05-01-2007 02:55 AM
CNC
Insurance and Finance
13
02-24-2007 08:31 AM
yachtsmandon
Spectre
6
02-13-2006 12:28 AM
Laveyman
General Boating Discussion
38
05-23-2004 11:51 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Quick Reply: Best place to Insure a 25 Cat


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.