At what length does the insurance drastically go up? I know these guys with their 100+ tunnel hulls that cost 12k aren't paying half of thier boats value per year to have insurance.

what are the price differences
28 Male, Married perfect driving/boating record

24 skater
28 skater
30 motion
25 motion
30 spectre
30 Cobra (sportfish cat)

all with about the same power/ top speed / year

or are all these boats too big for the price cut?


what are the yearly costs on each for texas gulf coast maybe 1time a year to florida no layup (we haave good weather down south)

Ernie

Hi Ernie,

The thing is, with the boats listed below, all with the same power, are all going to perform at different speeds because the weight of the boats differ. I had a 32 Skater come into my office yeterday, 850 HP and the top capable speed of that boat was estimated around 145+mph. A 36 Skater (which is heavier) with 850HP is going to run slower.

So, it's not really about the length of a boat, it's more about the top capable speed of the boat. Insurance rates increase once you go over the 100mph threshold. So keep the top speeds in mind when purchasing a boat.

Also, don't jump more than 10ft in length from your existing boat to the new purchase, some carriers won't consider your current boat at "like" experience at that point.

Hope this helps!

Stacy Shute
Wake Zone Marine Insurance
866-792-4149

I agree with some of the info above but lenght does have a factor in rating. If a boat has a LOA of 26' 10" or less, it can be placed in more competitive markets. The "under 26" market allows speeds up to 100 mph. Not all boats / drivers will qualify so check on your quote BEFORE you make the purchase.

I almost made a big mistake buying a 25 daytona, it would do 115, and i seriously had an easier time buying my last house than buying insurance for that thing...

wow, what a joke, these idiots go out and bust themselves up, and I have to pay the premiums...

I will tell you that usually under 30' you can still be considered a runabout. That can get you insurance easily. Most of the time they wont even ask hull type.

Speed and weight is how most have done my boats. I have often wondered why hp is even in the equation. I have never seen a adjuster that knew anything technical about engines, what are they gonna do, pull the motor and put it on the dyno. Also, what keeps people from lying about speed. Cant exactly measure the skid marks in a boat.

Food for thought. I have never tried, but have thought about this alot.

actually a 36 will run faster than a 32 skater with the same power... more efficient hull!

I have had the same problem with those stupid insurance approximate speed calculators.

Apparently a 31' American Offshore with 468CI Blown Nitros engines that make 950HP a side that can't get over 135mph, is still capable of doing 125 with a pair of 550HP carbed 496 strokers in it.

How do these companies come up with their calculations.

If their same calculations (including the drag factor) applied to v hull then a 38Special BAJA with 502EFI's would go 90.

HAHAHAHAHAHAHA.

Seriously, I would like to know how the calculators actually work.

Thanks.

My thoughts exactly.

Sorry, bad example, you are correct.

I need to preface my post so that nobody confuses things. THIS IS NOT WHAT THE INSURANCE CARRIERS USE, rather, this is something that gives you an "idea" of how they calculate speed....


Obviously, there is proprietary information when it comes to carriers. But I can give you a good public example. Use this for your boat and see if it's close. I would say 8 out of 10 times it is accurate. The two that aren't as accurate are for the CATS because of different variables as you mentioned, hull design etc. Follow this link and tell me if its close.

http://www.go-fast.com/boat_speed_predictions.htm