Need Insurance

thedink9 · #1 05-25-2005, 12:45 PM

I've finished the first phase of the refurb project on my boat and now need insurance. Can anyone recommend an insurance company that will look at a recent survey and not the age of the boat and provide coverage? The company providing my auto and homeowners coverage just said no. Thanks Dink

Abe's Rocket · #2 05-25-2005, 12:46 PM

Did you look at progressive?

thedink9 · #3 05-25-2005, 01:50 PM

Where are they located?

JW-Tex · #4 05-25-2005, 01:59 PM

Progressive.com, they quoted my 1969 for an agreed amount basis, no survey was required (has been insured for 3 months so far). Input the data over the internet and paid via credit card on the internet, 15 minutes after I started the coverage was bound and paid for.

JW

FELLOW-SHIP · #5 05-25-2005, 03:43 PM

You Got Mail
FellowShip

ScottM · #6 05-25-2005, 06:20 PM

Rich,
Progressive doesn't insure boats in MA, but if you're keeping the boat in RI, they insure there. However, I don't know how boat insurance works when you live in 1 state and keep it in another.

Ed · #7 05-26-2005, 03:37 PM

Hey Dink-

Call Marie Hayward at Admiralty Marine Insurance in Winchester at 781-721-5500. She provides insurance to most of the boat dealers in the area. The best part is that boat insurance is all she does (no cars, homes, etc) and she can provide the same amount of coverage that BOAT US does and easily beat their rates.

-Ed-

thedink9 · #8 05-26-2005, 08:06 PM

Guys
I found someone who will write for me today. Thanks for the help. Dink

abl1111 · #9 05-27-2005, 11:20 AM

I said it once before in an old link - it is a such a PITA to get insurance for our boats because most of them are older ( although many in better than new condition ).

Because a boat is a mid 70's boat, it is automatically judged as a less valuable boat than many, cheesy, POS, new boats.

We should, as a group of several hundred owners of the same boat - give or take, use our purchase power to persuade an insurance company that we, as a collective, are a good risk and have very valuable, market-value-holding boats. AND, that the typical SeaCraft owner is an above average boater and in most cases 'saltier', and less prone to careless accidents than your average new boat owner ( who has less water time by years, if not decades ). Therefore, a better risk.

Can anyone take this idea to the next level ? A family or friend in the biz ?

Just an idea.

Fr. Frank · #10 05-31-2005, 08:05 AM

I agree with the difficulty in getting insurance. I insure mine on a "surveyed value" basis with State Farm as a rider on my auto insurance. Bad part of this is I have to re-survey every 5 years. Like a SeaCraft is gonna decrease in value. huh.