Live aboard insurance

[Capndan]

I am in the process of buying a 1985 61' MY to be based in the
South Tampa area as a live aboard. Any suggestions for best bets for insurance for this situation and area would be much appreciated.

 

[DCMY #92]

I have had our Hat insurance with Willis of Florida, Inc (6200 West Courtney Campbell Causeway, Tampa, FL 33607, (813) 281-2095) for many years. The coverage is currently with Travelers and has been for several years.
I have had no problems with the agent or the coverage. They have only required a survey about every 7 to 10 years. Of course, now that I have said that they will want a survey every year from now on.

Good luck.

 

[Jaxfishgyd]

Angela is the forum's expert on boat insurance !!! You can also use the "seach" and pull up her past posts on the subject.............

 

[bobk]

You might want to be know as a full time cruiser than a liveaboard when you talk to an agent. And let us know how you make out with Travelers. I was told by an agent up north that they no longer write policies in Florida. I got them for my boat via MTOA, but have to be north of Cape Hatteras for the storm season.

Bob

 

[BlackPearl36c]

Travelers will require you to be north of cape hatteras June 1st through Nov. 15th (which is the hurricane season) on any new policy issued unless your value is over 2 million then they just charge you an arm, leg and first born for it.

Look into Seaworthy Insurance Company, Lloyds, Great Lakes, they are all A+ rated Lloyds and Great Lakes are non admitted however but are 2 of the best non admitted carriers out there.

 

[Capndan]

Boat US gave me a quote over the internet....no live person with no questions regarding live aboard. $7600.00 which I guess is cheaper than rates were running a few years ago. The current owner is paying $6500 with the same company.
Considering liabilty only if anyone will write such a policy. It doesn't take long to build your own self insurance fund with rates in that neighborhood. Everyone tells me I should be happy someone is willing to quote on such an old girl.
Is this what I should expect to pay for Florida waters?
My hat off to Brian of Lady Z! The surveyor could only find six mandatory items after a full day and most delt with safety issues. I consider myself very lucky to be starting with such a solid platform of maintenance with his 61. Here's hoping I can keep it that way!

 

[J's Dream]

Contact Atlass Insurance, in Merritt Island, FL, speak to Hortensia. I have a liability only policy through them, and have been quite satisfied with them.

 

[34Hatt]

Boat US gave me a quote over the internet....no live person with no questions regarding live aboard. $7600.00 which I guess is cheaper than rates were running a few years ago. The current owner is paying $6500 with the same company.
Considering liabilty only if anyone will write such a policy. It doesn't take long to build your own self insurance fund with rates in that neighborhood. Everyone tells me I should be happy someone is willing to quote on such an old girl.
Is this what I should expect to pay for Florida waters?
My hat off to Brian of Lady Z! The surveyor could only find six mandatory items after a full day and most delt with safety issues. I consider myself very lucky to be starting with such a solid platform of maintenance with his 61. Here's hoping I can keep it that way!

Old GIRL ????????

Around here 1985 isn't very old


Good Luck with Her!

 

[Capndan]

The Atlass tip was a sucess. Full insurance on about $300,000 for $4300 with navigation limits of both Florida coast, Bahamas, and Turks and Caicos.
5% deductible unless it is a named storm and then it goes to 10%.
Under written by Lloyd's. Their at 941-525-0582 and the contact is Cynthia Stiles.
Thanks for the suggestions!

 

[BlackPearl36c]

Lloyds is a good company. If you guys ever have any questions and want some no strings attached answers I specialize in boat/yacht insurance we have 2 offices in NY and an office in N Palm Beach FL and write insurance everywhere. I will help answer any questions for you HOF'ers even if I dont write your insurance. Atlass is a good brokerage youll be happy with the service you receive.