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-   -   Question for Sy (https://www.offshoreonly.com/forums/insurance-finance/291496-question-sy.html)

TahoeRick 02-13-2013 12:40 AM

Question for Sy
 
I have my insurance with your firm. My boat is a 2003 hustler talon 377 with twin 900 HP motors. I have several questions. I am completely rebuilding both motors. This will cost a small fortune... Can I raise the value of my ins policy to match the value of my added costs? I.E., purchase price plus rebuild costs?

Plus, I will be tuning the motors on the lake most likely end of march, beginning of April. Do I need some kind of waiver for coverage - isn't the policy only effective for loss while boating during certain dates ( April 1st or 30th?)?

While I am at it, when do I have to renew my policy?

Rick Taylor
Zephyr Cove NV. (Lake Tahoe)

PS, your policy covers more for 1/3rd the cost of others!!!

Wozencraft 02-13-2013 08:53 AM


Originally Posted by TahoeRick (Post 3866314)
I have my insurance with your firm. My boat is a 2003 hustler talon 377 with twin 900 HP motors. I have several questions. I am completely rebuilding both motors. This will cost a small fortune... Can I raise the value of my ins policy to match the value of my added costs? I.E., purchase price plus rebuild costs?

Plus, I will be tuning the motors on the lake most likely end of march, beginning of April. Do I need some kind of waiver for coverage - isn't the policy only effective for loss while boating during certain dates ( April 1st or 30th?)?

While I am at it, when do I have to renew my policy?

Rick Taylor
Zephyr Cove NV. (Lake Tahoe)

PS, your policy covers more for 1/3rd the cost of others!!!

Hello Rick, I just spoke to Sy who is traveling to Miami right now for the show. He asked me to respond and let you know that he will contact you after the show. There shouldn't be any problem in taking care of your questions.

Devin Wozencraft

TahoeRick 02-13-2013 10:35 PM


Originally Posted by Wozencraft (Post 3866391)
Hello Rick, I just spoke to Sy who is traveling to Miami right now for the show. He asked me to respond and let you know that he will contact you after the show. There shouldn't be any problem in taking care of your questions.

Devin Wozencraft

Ok, thanks

Just to clarify my question, I bought this boat at auction prices. It now will cost more and be worth more. If it catches on fire or sinks I want my insurance to pay me at least the fair market value or what I have in it. Bet this can't be done...

Rick

TahoeRick 02-19-2013 12:59 AM

Devin and Sy
 
Haven't heard from you folks yet. Call me on my cell 775 287-8458. I am on PST...

Rick Taylor

sy goldberg 02-19-2013 07:08 AM

Innsurance
 
I just returned from the Miami show and I will call you later today.I will not have any problem with your scenario.

TahoeRick 02-19-2013 03:54 PM


Originally Posted by sy goldberg (Post 3870551)
I just returned from the Miami show and I will call you later today.I will not have any problem with your scenario.

Great to hear from Sy and everyone else. Will send you the info as requested! You guys proved that if you take the safety course and have some boating experience, you can get very reasonable good coverage ins for a ultra high performance cat!


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