Deprecated: Function set_magic_quotes_runtime() is deprecated in /var/www/vhosts/tartan37.com/httpdocs/t37forum/common.php on line 88 Tartan37.com • View topic - Insurance!

Tartan37.com

Tartan 37 Owner's Forum - Ride the wind, but look good doing it!
The time is 21 Sep 2019 04:54

All times are UTC - 6 hours [ DST ]




Post new topic Reply to topic  [ 4 Posts ] 
Author Message
 Post subject: Insurance!
PostPosted: 18 Aug 2019 18:26 
Offline
Rail Meat

Joined: 22 Jun 2019 21:40
Posts: 9
Where's the best place to get it? What do I need to look for in my policy, and what's a ballpark of what you guys are paying?

_________________
Jason Abner
SV Stella Blue
Hull #340


 
 Profile Email  
 
 Post subject: Re: Insurance!
PostPosted: 19 Aug 2019 20:58 
Offline
Skipper

Joined: 24 Sep 2013 09:20
Posts: 363
Geico/Boat US is what we use. $1000 give or take to keep it in Florida (hurricane zone).

_________________
Zach Duncan
SV Holiday
Hull# 280


 
 Profile Email  
 
 Post subject: Re: Insurance!
PostPosted: 28 Aug 2019 10:29 
Offline
Skipper

Joined: 09 Aug 2017 15:35
Posts: 248
Location: Maine/USVI
I contacted Geico/Boat U.S. and they had maximum coverage of $20,000.00. Told me that was the boat value without knowing anything further. No survey. The guy chuckled on the phone when I tried to point him toward Yachtworld and BUC and I just hung up. I have WAY more than that into it. Maybe I'll see if I can find a lesser prick at Geico.


 
 Profile Email  
 
 Post subject: Re: Insurance!
PostPosted: 03 Sep 2019 01:43 
Offline
Skipper

Joined: 29 Dec 2006 09:38
Posts: 538
You might try to get Boat US to do recommend a surveyor and get them to do a market value assessment. My boat is insured for $75K based on their surveyor’s assessment of its market value. My boat is in pristine shape, recent everything and it would take a knowledgeable sailor to pay that premium, but the surveyor said he thought it showed that value. When I installed the new engine, Boat US allowed me to note that and they recorded that somewhere and was part of the justification. If you go shopping for insurance, be aware fo the difference between Actual Cash Value and Replacement Value. Learn about it. One kind of policy is cheap and more or less worthless for anything but a hulk and the other requires some dialogue with an intelligent insurance actuary. I am not sure if Boat US is changing with their losses in the hurricanes, but they have been very good in the past.

Ray Durkee
Velera


 
 Profile Email  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 4 Posts ] 

All times are UTC - 6 hours [ DST ]


Who is online

Users browsing this forum: No registered users and 1 guest


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Powered by phpBB © 2002, 2006 phpBB Group