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-   -   Insuring a restored SeaCraft?? (http://www.classicseacraft.com/community/showthread.php?t=15917)

alarie 09-29-2005 09:00 AM

Insuring a restored SeaCraft??
 
What have you guys done about insuring your restored SeaCraft's? They are clearly worth more than the "book" value. My agent says I may qualify under a "classic yacht" policy, but wondering if there is another option.

Thanks,
peter

NoBones 09-29-2005 09:14 AM

Re: Insuring a restored SeaCraft??
 
I insured both of my SeaCrafts through my home owners policy
with Nationwide after I had a survey done.
About $1200. a year.
1970 20 SF
1978 23 Secptre
Good Luck, Ken

PS: I tried Boat US, but they are big boat and blow boat
oriented.

FELLOW-SHIP 09-29-2005 12:00 PM

Re: Insuring a restored SeaCraft??
 
I got a survey and was able to insure it based on the value of the survey. I also went with Nationwide but after these storms I am not sure if they are still selling boat ins.
FellowShip [img]/images/graemlins/cool.gif[/img]

strick 09-30-2005 12:37 AM

Re: Insuring a restored SeaCraft??
 
I have AAA. They put it on my homeowners insurance. They asked me how much I wanted to insure it for and they came up with a premium based on my stated value (35K). There was no survey. It was as easy as that.

strick


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