Originally Posted by THLWL (Post 2964836)

I was just yesterday talking to a guy about plane insurance. He said insurance on a plane is "very expensive". I said, oh, how much is that? He said a fixed gear is about $1500 per year. But if you get a retractable gear, it goes "wayyyyy up". So, I asked again, oh, really, how much is wayyyyy up? He said $3000 per year!!!! I was like that is freakin nothing compared to boats!!!! I was amazed at the difference. And some planes cost the same as boats. I'm sure there is a reason for the huge difference! I'll take water over windshear any day!

Originally Posted by Tres (Post 2964852)

Much of cat insurance is high no question. Here is your reasons why. And it is going to sky rocket if..... This is what is happening, Agents are willing to write a policy on a new cat owners with no experience because they need the sale. I have done a few people this year that should have not been on the water at all . They had enough sense to call and request training.Some dont. As these folks get on the water and something bad happens, a claim is submitted. This is not profitable for the underwriters. The blame goes deep. Todays vessels are more complex than ever and everyone thinks they can drive them. That is why we offer skilled base training, and no more who you may have experience with, it may not hurt to obtain new knowledge that is proven. As far for the high prices, many have brought this on themselves.

Originally Posted by Joe (Post 2965117)

Tres (and Brad),

Thanks again for what you guys are doing for the industry, and are trying to preserve. I can personally say that I feel quite a bit more comfortable on Poker Runs knowing how much you guys have shared with so many folks that never would have had the opportunity to tap into your years of knowledge and experience.


joe

Originally Posted by Joe (Post 2964648)

Guys, i think it's fair to say i have received TONS more knowledge from JT than one could imagine getting from Tres and/or Brad (not that either of them are bad --- but rather, thank goodness there is someone out there, are of their quality (multi-time world and nat'l champs) that has chosen to make the time for 'the majority').

Originally Posted by Dueclaws (Post 2964938)

Wake Zone won't write insurance along the Texas Gulf Coast.

Originally Posted by WakezoneINS (Post 2965373)

I have to correct what you said as it is incorrect.


We write all coastal states including TX. CATS and VEES... there are very few states in which we don't write it.

Originally Posted by Dueclaws (Post 2965552)

Really? I'm confused.
I contacted you about this you told me that you couldn't write insurance because we were on the Texas Gulf Coast.
(I believe the email is on file)
Please enlighten.
Thanks

Originally Posted by Dueclaws (Post 2965949)

Stacy-
Thanks for the information and the clarification: looks like the No Limits plan might be interesting if it the rates are more reasonable.

Joe-
Sorry, didn't mean to hijack your thread.

John