Thread: Need Insurance
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Old 06-12-2005, 07:39 AM
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Capt Chuck Capt Chuck is offline
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Join Date: Aug 2003
Location: Sailfish Capital, fla
Posts: 2,804
Default Re: Need Insurance

Since my transom redo and bracket install this year, I aslo had concerns reference the insurance. With all the damaging storms, theives and idiots out on the water, I wanted to make sure my improvements would be covered.

I just ordered a survey from "Price Marine Services" in Hobe Sound. They were very professional and did a complete survey of all my improvements. Cost $12 @ foot ($276)

I then sent the survey report to State Farm (my insurance carrier)and they will insure the 1978 SeaCraft for the "Market Value" not the "Replacement Value" of the boat.

Based on this recent survey, the yearly premium cost almost doubled [img]/images/graemlins/mad.gif[/img] but the insured valve doubled also
[img]/images/graemlins/smile.gif[/img]
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1978 23' Superfish/Potter Bracket 250HP --------



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