Need Insurance Help!!

SeaMaster · #1 02-16-2007, 03:07 PM

We have a 1979 rebuilt Seacraft and we need to get insurance on it. Progressive and BoatUs won't give us insurance because it it old. So do you know where we can get some insurance? Thanks

Bigshrimpin · #2 02-16-2007, 04:03 PM

are you sure about progressive. I just filled out the form for agreed hull value @ 10k for a 1972 hull and it was $412.00.

jongolds · #3 02-16-2007, 04:45 PM

Boat US insures my '73 Tsunami for roughly the same.

JW-Tex · #4 02-16-2007, 04:54 PM

1969 20 insured for agreed value of $13K with progressive-online placement took about 10 minutes and I am on my third renewal-$310.63 annual premium, deductilbe is $250...in Florida

peterb · #5 02-16-2007, 05:15 PM

I had BoatUs on my 1978 SeaCraft that sunk. It cost about $500 per year for a $15k policy (no deductable).

They paid out 100 cents on the dollar when the boat sunk.

1bayouboy · #6 02-16-2007, 05:53 PM

Peter...so they paid out the $15k...did they consider that they owned the hul at that point??? That's what they usually do with totalled cars.

Capt Chuck · #7 02-16-2007, 06:48 PM

After my rebuild / bracket install on my '78, I had a survey done which included upgrades and electronics. I presented the survey to my insurance carrier
(State Farm) without question.

Maybe "fellowship" can give you help, he's in the business

Old'sCool · #8 02-16-2007, 07:34 PM

Charter Lakes here with agreed value policy with recent survey.

peterb · #9 02-16-2007, 08:38 PM

Yes, the boat became theirs. However, they gave me an opportunity to buy it back from them at a decent rate (which I did).

I will probably sell it after I get my next boat (which looks like another 23' SeCraft).

strick · #10 02-16-2007, 10:00 PM

You can put it on your home owners insurance. You state the value. I use AAA.

strick