Insurance ??? (1983, 48MY)

[Buccaneer]

Chub declined to renew.
"Too old"
Never mind condition (which I think is pretty darn good...)

Who has been getting coverage?
(We're in SF, CALIF)

 

[Briankinley2004]

I just swapped my 55C for a 1983 46C. Interestingly State Farm insured the 46. They made me get a current survey but agreed to an in water survey.

The company below has helped me with my insurance in the past and has been good. Their honesty cost them the insurance on the 46C. State Farm had the insurance on the 46 already. They said they would change to me. After getting the payment they then demanded a survey. W3 told me up front I would need a survey. Had I known SF was going to pull this I would have stayed with W3. When I renew I will be going back to them if they will have me back

http://marineins.com/

 

[q240z]

I've heard good things about https://www.charterlakes.com/

Hagerty will even take on project boats, like my Roamer, but they're expensive. https://www.hagerty.com/insurance/boat-insurance/

 

[captcrunch]

With a current survey I have markets that will write our older vessels

 

[firstlight]

Will they write in florida? Looking for someone to insure 56-61 mid 80's Hatteras. Been looking since Ian took my last boat. Heard its difficult down here especially after you crack 55 ft.

 

[captcrunch]

I can get Florida done with a good survey and a proper Hurricane plan

 

[firstlight]

I can get Florida done with a good survey and a proper Hurricane plan

Ok. Will let you know when we get accepted offer. By proper hurricane plan I am assuming you dont mean leaving the state. Traditionally we write up a hurricane plan to remain in place, add additional lines, remove all canvas, lower any structures that have that capability, increase fendering etc. We have also had haul requirements before and had to contract with yard, but it is only good in home cruising ground.

 

[Eddieclemons]

I guess I was thinking a Hurricane plan is a contractual agreement to haul out and prep. Or moving the boat to a more secure location during specific times? My insurance is very affordable, well under 1% but I can't go below 32nd parallel. In the coming years I had hoped to add coverage for Florida Nov-March. Is my thinking flawed?

 

[captcrunch]

Eddieclemons Nov-March shouldn’t be an issue since it’s past hurricane season. You will need 12 month navigation and they will have a clause as to when you’re not allowed to be south

 

[dottieshusband]

I guess I was thinking a Hurricane plan is a contractual agreement to haul out and prep. Or moving the boat to a more secure location during specific times? My insurance is very affordable, well under 1% but I can't go below 32nd parallel. In the coming years I had hoped to add coverage for Florida Nov-March. Is my thinking flawed?

My insurance is with ACE/CHUBB, and like yours, for non-tidal water. When I head further south, they sell me a rider for Coastal waters very reasonably... last time I had to be back in non-tidal waters by June 1st. And the rider was $500 bucks.

 

[Entonces]

I can get Florida done with a good survey and a proper Hurricane plan

How about a 1972 53' MY in S.C.?

 

[BJones]

I just got insurance for my 1992 65ft motor yacht(home ported in NW FL) from State Farm. Needed to have a recent survey and it ain’t cheap but I have her insured.

 

[jim rosenthal]

I just went through something similar to this with BoatUS, here in MD. They required an updated survey in order to issue the next insurance policy. They same surveyor has now surveyed her three times. They accepted the survey, asked for a few small items to be done (flares, fire ext updates) and reissued the policy, with about the same rate as last year. I'm still planning to read all the fine print. Value of my boat was unchanged.

 

[captcrunch]

How about a 1972 53' MY in S.C.?

Non issue with a current survey

 

[Tricia II]

We went with Foremost on our 1966 Hatteras 41TC. Reasonable premiums, no hassles getting insurance. They were 1/4 the price as BoatUS.

 

[jim rosenthal]

Do you have contact information for Foremost? Witha fresh survey in hand, I'd like to ask them for a quote. Thank you.

 

[jim rosenthal]

Are you certain that your insurance was provided by Foremost? I filled out a quote form on line today, and called them to follow up on it when they opened their phone lines. The fellow I spoke with stated that they do not insure any boat larger than 27 feet or over 11 years in age. This means, in other words, that no Hatteras yacht ever built would be a candidate for insurance with Foremost. Is it possible you have them confused with another insurer? Many independent insurance agents handle more than one insurer.

In any case, my boat is definitely not a boat they would insure. I also asked them about regional differences in policies about who they insure, and he advised me that they are a national company and the same rules apply everywhere.

 

[Scarlett]

Dan, what we need is an insurance company that only insured boats on the West coast sows don’t have to be included in the hurricane statistics. I can’t imagine that there are a very high percentage of claims on the west coast. Heck in San Diego I doubt that more than 20 per cent of the boats even leave the dock.

 

[Tricia II]

I do have Foremost. Have had them for 7 + years.I had Progressive through a local insurance agent for our old 1980 28' Chris Craft. Progressive told me they wouldn't insure anything over 36', even though I have friends who have 40+ foot boats insured with Progressive.My agent didn't want to lose my business because all of my toys are insured though him.He ended up with a reasonable quote with Foremost.My agent is McFatter Insurance Agency in Lake Charles, La. His name is Max McFatter III.(337) 433-1695Tell Max that Raymond Duhon sent you. I am probably the only customer that goes into his office to pay personally instead of online.

 

[jim rosenthal]

Thank you. I called them, but they can't write a boat in MD, besides which they said I had a good rate as is. Nice folks, though- wish I could have done business with them.