Welcome, Guest
Username: Password: Remember me
  • Page:
  • 1

TOPIC: Boat insurance.....wth?

Boat insurance.....wth? 1 year 1 month ago #147682

  • deac1234
  • deac1234's Avatar Topic Author
  • Offline
  • Junior Boarder
  • Junior Boarder
  • Posts: 71
  • Karma: 1
  • Thank you received: 0
SO, our homeowners company is no longer offering policies in Michigan... a recent mail notified us that after next month..no more coverage.

My 1960 Glasspar G3 was insured under that policy. No more. To make matters worse insurance companies have gotten rather picky. None of them, at least so far, will insure the boat. Why? because it is too old! The last one said they won't insure anything built before 1965.

Has anyone else run into this? Any solutions?

Thanks..

Please Log in or Create an account to join the conversation.

Boat insurance.....wth? 1 year 1 month ago #147683

I'm using Hagerty. They underwritten byt another company now but they're still insuring classic boats. I have my '60 Wagemaker na dmy '53 Century woody with them, including the trailers for both.

Bob
The following user(s) said Thank You: deac1234

Please Log in or Create an account to join the conversation.

Boat insurance.....wth? 1 year 1 month ago #147684

to me that is odd. you wouldnt find a company say any car is to old to insure. I mean the odds are still in their favor. I dont get it.

Glad to see a Michigander on here. Im from Flint area myself.
The following user(s) said Thank You: deac1234

Please Log in or Create an account to join the conversation.

Boat insurance.....wth? 1 year 1 month ago #147685

  • deac1234
  • deac1234's Avatar Topic Author
  • Offline
  • Junior Boarder
  • Junior Boarder
  • Posts: 71
  • Karma: 1
  • Thank you received: 0
I've applied to Hagerty which also has my classic car insurance. So far they haven't turned me down.. they did request "comprehensive" photos of the interior and exterior of the boat. The boat is currently wrapped which makes interior pictures pretty much impossible. It's a 13' boat! Not much interior to take pictures of...

Longing for earlier days when things were much less complicated....

Please Log in or Create an account to join the conversation.

Boat insurance.....wth? 1 year 1 month ago #147686

  • 63 Sabre
  • 63 Sabre's Avatar
  • Offline
  • Contributing Member
  • Contributing Member
  • Posts: 4676
  • Karma: 147
  • Thank you received: 167
it's just for their reference in case there is a claim. I had them insure my 1963 Century Sabre and they needed photos of just about everything, fuel lines, fuel tank, filler, hose clamps, stuff box, bilge, etc. I would contact them and explain the situation for now and then agree to send pics in spring when you uncover. Their easy to work with.

Please Log in or Create an account to join the conversation.

Boat insurance.....wth? 1 year 1 month ago #147687

They actually went with an agreed upon value on the Century Resorter because it's still being restored.

Bob

Please Log in or Create an account to join the conversation.

Boat insurance.....wth? 1 year 1 month ago #147689

  • 63 Sabre
  • 63 Sabre's Avatar
  • Offline
  • Contributing Member
  • Contributing Member
  • Posts: 4676
  • Karma: 147
  • Thank you received: 167
Now that's what I call long term insurance.

Please Log in or Create an account to join the conversation.

Boat insurance.....wth? 1 year 1 month ago #147691

I have mine through American Family. I live in Wisconsin. All they asked for is year, make , and model and what I have for a motor. No pictures or anything. Granted it is only '59 Thompson, but it is for replacement value and is only about $60 a year. My Liability is through my Homeowners with the same company.
Bill

Please Log in or Create an account to join the conversation.

Boat insurance.....wth? 1 year 1 month ago #147692

  • deac1234
  • deac1234's Avatar Topic Author
  • Offline
  • Junior Boarder
  • Junior Boarder
  • Posts: 71
  • Karma: 1
  • Thank you received: 0
Add AAA to the growing list of companies that won't insure my boat. They will cover it if it's on my property, though only on a very limited basis. If it's on the water or at a marina/slip no coverage...

Please Log in or Create an account to join the conversation.

  • Page:
  • 1
Time to create page: 0.237 seconds

Donate

Please consider supporting our efforts.

FG Login

Glassified Ads

1975 16ft Cobalt
( / Boats)

1975 16ft Cobalt
03-27-2024

Homelie/Bearcat
( / Engines)

noimage
03-17-2024

Thunderbird Apache 1956 hardtop
( / Boats)

noimage
03-10-2024

FiberGoogle

Who's Online

We have 8619 guests and no members online