Insurance Price

Reply Subscribe

Thread Tools

07-18-2019, 08:53 AM

#11

F-2 Speedy

Platinum Member

iTrader: (6)

Join Date: May 2012

Location: Midwest & T-Rock

Posts: 10,415

Likes: 412

Received 3,041 Likes on 1,354 Posts

Quote:

Originally Posted by 1MOSES1

Biggest factor here is age...our 94 top gun is a premium to insure because no one will insure it and foremost knows it. We pay 2100 a year.

why do you say no one will insure it

07-18-2019, 03:28 PM

#12

1MOSES1

Registered

Join Date: Jun 2010

Posts: 4,636

Likes: 199

Received 790 Likes on 372 Posts

Quote:

Originally Posted by F-2 Speedy

why do you say no one will insure it

because I spent the last year looking for a more affordable insurance company and there were only 2 companies interested. Everyone else rejected the policy.

07-18-2019, 03:32 PM

#13

F-2 Speedy

Platinum Member

iTrader: (6)

Join Date: May 2012

Location: Midwest & T-Rock

Posts: 10,415

Likes: 412

Received 3,041 Likes on 1,354 Posts

Have you tried Chris Wagner @ LOTO ? I sent him a text when I saw your post and he said no problem but will need a survey

07-18-2019, 03:49 PM

#14

frickstyle

Registered

Join Date: Nov 2007

Location: Cleveland, Ohio

Posts: 3,936

Likes: 40

Received 431 Likes on 192 Posts

Quote:

Originally Posted by F-2 Speedy

Have you tried Chris Wagner @ LOTO ? I sent him a text when I saw your post and he said no problem but will need a survey

They will get you a rate, there are companies out there. Others were about 15% under what Foremost charges. It may or may not make sense for you.

07-24-2019, 08:20 AM

#15

Jupiter Sunsation

Registered

Join Date: Jun 2005

Posts: 11,654

Likes: 93

Received 885 Likes on 480 Posts

The location is the problem....SE FL = year round boating, hurricanes etc.

OP didn't say whether it was blue motors or not but that knocks a bunch of the Geico/Progressive type carriers out (No motors over 500 HP). Speed can be an issue also if the boat goes over 75 mph.

Can't compare policies apples for apples if the location is 1500 miles away. 10 years ago I knew a guy with a 100 MPH 43 Sunsation paying less than I did for a 32 Sunsation with black motors! He was midwest, I was SE Florida.

07-24-2019, 06:35 PM

#16

pappyssrt

Registered

Join Date: Jul 2019

Posts: 10

Likes: 0

Received 0 Likes on 0 Posts

Just got quoted from boat us. $1800 for my 1999 baja and I tried going through Progressive... what a mistake that was

07-24-2019, 09:21 PM

#17

sailtexas186548

Registered

Join Date: Aug 2013

Location: Kemah, Tx

Posts: 397

Likes: 61

Received 131 Likes on 54 Posts

Over 26 foot and older than 20 years, coverage other than liability is crazy.

$730/yr for 500k/1M liability, agreed value of 40k for boat and trailer pushed it to $3600 a year. not worth coving the boat itself, it’s just a toy