Help! State Farm Saying 300HP Too Much for Liberator 21!!

**Baditude** · 06-30-2016, 07:33 PM

Markel is getting out of high performance insurance

**perfmarine1** · 07-01-2016, 10:16 AM

Boat US will not cover a Hi performance boat.

**diernosaj** · 07-01-2016, 10:51 AM

Why wouldn't Geico be the best company to insure boats? lol What insurance do they have on THEIR boat?

I just tried to do a quote online for a 21 liberator with a 300xs. It wouldn't give me the quote online said to call them.

**RobF** · 07-01-2016, 12:43 PM

Originally Posted by perfmarine1

Boat US will not cover a Hi performance boat.

define high performance?
a 21 with a 300? yes
a 100mph 30' I/O- yes

**life is good** · 07-01-2016, 02:07 PM

The main reason I sold my Euro was because I could not get it insured for less than $2500 a year. I'm not paying 13% of the value each year for insurance. It seems like if the boat is over 24' and 100+ mph it becomes a little easier. Someone above said it too, but if you lie to them and have a claim they will deny your coverage so all those payments you made them were for nothing.

**Mr. Demeanor** · 07-02-2016, 12:07 AM

State Farm was a nightmare when one of my boats burned. My truck and boat burned together. Truck was with Progressive and paid out in less than a week. Boat with State Farm took MONTHS.

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**tb2054** · 07-02-2016, 05:05 AM

the ins companys only know a name!!! mine had no problem with my euro or my checkmate but I tride to get a price on a liberator I wanted they would not insure it I called 2 or 3 others same would not touch it even with a 2.5 ,,some home owners ins will include fire or theft ,,better then nothing !!!!

**Greg G** · 07-02-2016, 06:51 AM

Originally Posted by noli

Try these guys......Elton Porter Insurance Zone http://www.wakezoneinsurance.com

Wozencraft http://www.wozencraftinsurance.com

Originally Posted by Wild Bill

I use Foremost for mine. It isn't suppose to go over 75.

Originally Posted by tb2054

I have my euro/checkmate with Progressive no problem. My state farm agent of 40 yrs will not do them

Originally Posted by team supra

Nationwide would not cover our cougar mtr 21 because it was a pickle fork. But they did go through a company called ace insurance and cost 250 for 12 months but I just have a 260

Originally Posted by RobF

nationwide and SF are absolutely terrible for boats, try travelers, boat us, geico, or progressive- same goes for you greg g with your agreed value or consider splitting insurance boat-motor-trailer. travelers is even replacing fuel tanks just not covering the cost of the tank itself

It looks like there are a bunch of names to try

**whipper** · 07-02-2016, 02:29 PM

Most of the insurance companies that insure fast boats use Loyd's of London as there underwriters. I have use Premier Marine for 11 years and rated speed of 100mph. 650 per year in Canada. Now if you say 101 mph you might have a problem. My boat doesnt even go quite 100mph but its there for when it does one day already.

**Greg G** · 07-02-2016, 05:28 PM

Originally Posted by whipper

I have use Premier Marine for 11 years and rated speed of 100mph. 650 per year in Canada. Now if you say 101 mph you might have a problem.

whipper who is Premier Marine? Are they set up only to service only hi performance boaters in Canada?

**whipper** · 07-02-2016, 07:01 PM

Not sure were there from but I know they use lloyds of London as there underwriter. When I bought my GS in South Carolina Brien told me to look for a company that uses {Lloyd's } as there underwriter. a quick google search should say in the USA what brokers use these guys i would think. They are world wide. Hears a link to premiere in the USA http://premiermarineusa.com/ part of west group. This is who i have used for 11 years they just send me a renewal for every year no questions ask. Boat motor trailer liability full coverage, replacement,loss of use ect ect 680 can.

**Greg G** · 07-02-2016, 07:23 PM

Good info! Thx.

They also provide you "stated value" in the policy? Do they bunch together the boat, motor and trailer for that as "one" agreed value or do they allow you to separate each of the three?

**eli** · 07-02-2016, 11:50 PM

tried geico month ago i put in my info sans the ticket ,i got a lady on the phone saying we cannot insure your boat because we calculated it goes 82 mph the cutoff is 81,i said nice lady my boat cruises at 82 and your calculations are way off LOL

**whipper** · 07-03-2016, 01:43 AM

Originally Posted by Greg G

Good info! Thx.

They also provide you "stated value" in the policy? Do they bunch together the boat, motor and trailer for that as "one" agreed value or do they allow you to separate each of the three?

Yes and Yes hears some of whats on mine. Premiere Marine Management group/west Inc/ Lloyds is the actual underwriter as you can see.