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-   -   Can you insure a race boat? (https://www.offshoreonly.com/forums/insurance-finance/171191-can-you-insure-race-boat.html)

GoFastSonic 10-15-2007 10:15 PM

Can you insure a race boat?
 
Can I get insurance for a p class race boat? I understand that no one will insure for races but how about for damage or loss while trailering or just testing at home?

Insurance God 10-18-2007 10:08 AM

I believe you can get a Storage & Transit policy. I will check to see if I can write one on your boat & respond.

GoFastSonic 10-18-2007 09:18 PM

Insurance God
 
Thanks for checking

Insurance God 10-19-2007 12:50 PM

We have the green light. FYI - min premium is $1,250 for this type of policy. Your boat would be covered while in storage or in transit but as soon as it is off the trailer, all coverage is ceased.

Please complete an app on our site (www.empowermarine.com) & put in the comments section that you want a storage & transit policy. If you want, PM me your number & I will call you to get your info.

Have a nice day,

Expensive Date 10-19-2007 06:05 PM

So if he races it tied to the trailer he is covered:D:D

GoFastSonic 10-20-2007 01:53 AM

Tim
 
:ernaehrung004:I like the way you think. Call me this weekend if you are going out in the boat. Think this will be the last for run to AC

Insurance God 10-22-2007 01:39 PM


Originally Posted by Expensive Date (Post 2311405)
So if he races it tied to the trailer he is covered:D:D

Sounds good to me. :ernaehrung004:

hawkrace 11-05-2007 11:06 PM

Race Coverage for Offshore
 
Race Program consists of the following:


Storage/Transit: Scheduled equipment any where in the country...Rate depends on overall amount insured:
Min. Premium: $1000.00
Admitted A rate Company
Liability: Racing. Testing, Static Display, etc. Premises Libility for Race Shop. Min. Premium $1500.00
Auto Program for big rigs & small....Subject to rating within your state domiciled..

Call me: Hawk Race Consultants Ltd. 516-466-9760
Rick Felsen

fantastixvoyage 11-15-2007 03:33 PM

Phantom Insurance
 
PM sent hawk.

Elite Carrier Group 11-16-2007 10:30 AM

pm the predator race team they have insurance on their race boat..covers everything even while testing for a race on race weekend however when the green flag drops coverage ceases....they rolld their boat and i believe they are covered because they rolled while testing..not while racing....talk to them they can help you out and guide u in the right direction


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