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Foremost Insurance Group?

Old 01-11-2011 | 04:39 PM
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Default Foremost Insurance Group?

Has anyone had them and made a claim? I have State Farm now and they have been awesome to deal with. I'm moving some of my stuff to Farmers due to a move and this is the company they use for boats.

Trying to decide if I should keep a few things with SF so they keep taking my boats or move it all to Farmers.
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Old 01-11-2011 | 10:32 PM
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I have used them in the past with no issues on production type boats.

If you are talking about the boat in your sig I don't think they will insure it. Farmers will not even cover performance boats under there umbrella policy
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Old 01-12-2011 | 05:40 AM
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Originally Posted by DCB F32
I have used them in the past with no issues on production type boats.

If you are talking about the boat in your sig I don't think they will insure it. Farmers will not even cover performance boats under there umbrella policy
My agent is working with them to take our 47 so they can keep the rest of our insurance. He gave me a quote and sent it into his boss. They will currenlty take up to 40' performance boats, we are just asking for another few feet.
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Old 01-12-2011 | 08:46 AM
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had farmers for many years,2 homes, cars, motorcycles, other boats, and my last boat which was a 28 cat which they did insure at the time ,then I got a speeding ticket some months later and they dropped my boat insurance, and yes they use foremost. I moved to worldwide now, also foremost wanted twice as much for my new seedoo rxtx, that to is covered by worldwide now . call Bob at worldwide ins out of michigan.
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Old 01-12-2011 | 09:52 AM
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Originally Posted by eddie
Has anyone had them and made a claim? I have State Farm now and they have been awesome to deal with. I'm moving some of my stuff to Farmers due to a move and this is the company they use for boats.

Trying to decide if I should keep a few things with SF so they keep taking my boats or move it all to Farmers.
Foremost, which is a company owned by Farmers Group, will insure SOME performance boats. They insure more of the "mid performance" boats. They will not however accept triple engine performance boats. But maybe you got a special "ok" from an underwriter because you're moving all of your stuff. I would make sure before you complete the move that the boat can definitely be insured with them and try to get it in wrting from the underwriting department (not the agent).
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Old 01-12-2011 | 05:22 PM
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Our company represents Farmers/Foremost amongst other high performance carriers. Stacy is correct on the "mid performance" portion of her post, however Foremost will absolutely insure 3 even 4 outboard motors on a vessel. Underwriting does have to approve, but as long as the vessel's top speed is less than 75 mph there shouldn't be any issues.


Example of a 37' Midnight Express Insured by Foremost:
Attached Thumbnails Foremost Insurance Group?-midnight-express-resized.jpg  
Attached Images  
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Old 01-12-2011 | 05:26 PM
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Originally Posted by RiverDiva
Our company represents Farmers/Foremost amongst other high performance carriers. Stacy is correct on the "mid performance" portion of her post, however Foremost will absolutely insure 3 even 4 outboard motors on a vessel. Underwriting does have to approve, but as long as the vessel's top speed is less than 75 mph there shouldn't be any issues.


Example of a 37' Midnight Express Insured by Foremost:
Sorry, I should have been more specific in my post...
Yes, 3 outboards can be insured under the Foremost program. I do not disagree with that at all. They can be insured under nearly any insurance carrier out there. But that isn't what his boat is or what I was referring to. He has triple I/O engines... doubt there are many triple engine I/O boats out there doing under 75mph.... You can not put a triple engine Fountain in a Foremost/Farmers program.

Also, you posted pictures of a manufacturer (not necessarily this model) that is known mainly for open sportfish boats, and not your typcial high performance boats. To the readers here that might be misleading. Sportfish boats are not designed exactly the same way and are not designed for speed like your average performance boat is. Because of their different designs and capabilities they are categorized differently and insured under different insurance programs. That is why the sportfish boat with quad outboards is ok in Foremost... because it's top capable speed is only 72mph according to mfg specs.

Not trying to offend just correct for any further readers.

Last edited by WakezoneINS; 01-12-2011 at 07:10 PM.
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Old 01-12-2011 | 06:10 PM
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Originally Posted by WakezoneINS
You can not put a triple engine Fountain in a Foremost/Farmers program.
I'm a good customer, we shall see. The quote is even cheaper than SF with better coverage. It sounds like they are a good company to deal with then. I hope it works out.

Your correct our boat runs over 80 and is a triple engine.
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Old 01-12-2011 | 06:16 PM
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Originally Posted by eddie
I'm a good customer, we shall see. The quote is even cheaper than SF with better coverage. It sounds like they are a good company to deal with then. I hope it works out.

Your correct our boat runs over 80 and is a triple engine.
Good luck with it! Just proceed with caution and don't cancel your State Farm stuff until after the policy has been with Foremost for a couple weeks just in case
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Old 01-12-2011 | 06:21 PM
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Originally Posted by WakezoneINS
Sorry, should have been more specific...

Also, you posted pictures of a manufacturer that is considered mainly open sportfish boats, not your typcial high performance boats. To the readers here that might be misleading. Sportfish boats are not designed exactly the same way and are not designed for speed like your average performance boat is. Because of their different designs and capabilities they are categorized differently and insured under different insurance programs. That is why the sportfish boat with quad outboards is ok in Foremost... because it's top capable speed is only 72mph according to mfg specs.
Quote off Fountain's website that I thought you might find interesting.

Start with Fountain’s super ventilated Positive Lift hull, a direct outgrowth of decades of winning world championships under every conceivable condition. (All Fountain hulls are lineal descendants of our racing heritage.) Add triple Mercury Verado outboards. Wrap this around sheer luxury. The result is a go-there, do-it-all package you simply won’t find with any other boat.
Fact is, most companies that build high performance Vee's and sport fishers just retool the deck and share the bottom mold.

Stacy
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