Insurance

[Bguieb94]

Someone please give me the name of a boat insurance group who will insure a 21' Xtreme/Skater in the Florida keys

[Esox4130]

Foremost

[Krazymaan]

Just curious because i was looking into it online last night on geico. They ask some pretty specific questions. How much HP, top speed and who's driving. Is it normal to say 75 when you can go 130. And 200hp when you have modified it to 275 and what if you borrow it to your buddy? Do you say you have a race hull or keep your mouth shut as in if they don't ask, don't tell. Or do you spill the beans?

[vnemous]

Just curious because i was looking into it online last night on geico. They ask some pretty specific questions. How much HP, top speed and who's driving. Is it normal to say 75 when you can go 130. And 200hp when you have modified it to 275 and what if you borrow it to your buddy? Do you say you have a race hull or keep your mouth shut as in if they don't ask, don't tell. Or do you spill the beans?

You have a 21 skater with 275 hp and it goes 130 mph? Wow thats a great setup

[Krazymaan]

You have a 21 skater with 275 hp and it goes 130 mph? Wow thats a great setup

Just generically speaking.
But my STV just might.

[vnemous]

Just generically speaking.
But my STV just might.

Might be a little high for the STV also. I also cannot get my superboat insured but my homeowners covers it as long as it doesnt leave the yard

[Speed Jr.]

Might be a little high for the STV also. I also cannot get my superboat insured but my homeowners covers it as long as it doesnt leave the yard

I can almost guarantee that not to be true under your HO policy......You would ONLY have coverage if the boat is enclosed within a covered structure and subject to scheduled limits.....Just letting you know, there is NO coverage under your HO policy if your boat is in your yard or driveway. (This includes theft)

And since everyone thinks they are experts online, I will admit I'm a property claims specialist for an insurance company.

[nitro_rat]

How much HP, top speed and who's driving. Is it normal to say 75 when you can go 130. And 200hp when you have modified it to 275 and what if you borrow it to your buddy? Do you say you have a race hull or keep your mouth shut as in if they don't ask, don't tell. Or do you spill the beans?

They may sell you a policy, in fact they probably will. But when something happens and you go to make a claim...not covered. They wrote the policy to insure a stock production hull and a stock production 200hp outboard, etc. They covered you to an expected top speed of 75 mph. When the wreckage of your comp hull and frankenmerc are dredged up off the bottom of the reservoir they will say "we didn't write a policy to cover THAT!!!"

Be honest about what you have, expect to pay $$$ to cover what you have, or assume the risk and the financial responsibility on your own...

I run a Varmint instead of a Vector or Viper because I can insure a bass hull with "high performance" parts such as a low water pickup for speeds in excess of 75 mph easily without having to lie about my rig. I think I am covered to 90 mph top speed. Top speed for a non bass hull is limited to 70 or 75 mph. Details of the limits will depend on carrier.

The game warden also doesn't hassle me in the Varmint, but I would get hammered on the "spot" inspections in my Viper. I don't fish.

[Bguieb94]

I have been denied by every insurance company so far

[Krazymaan]

I have been denied by every insurance company so far

Is insurance required where you live?
Someone will guide you to the right place.

[Bguieb94]

It's not required since I'll own the boat out-right but it's just good to have liability so I don't get sued lol

[Coryc]

It's not required since I'll own the boat out-right but it's just good to have liability so I don't get sued lol

Yes exactly why you need to have it.

[rjdubiel]

I have not found an insurance company for my hydrostreams. Everyone wants a surveyor to look at the boats to get a value. They may as well just insure the trailer at what they say my 1973 viper is worth.

[Coryc]

Wake zone high performance boat insurance. Great rates and they specialize in everything from bullets to Superboat a to 40' MTI's etc. talk to Stacey.

[Krazymaan]

BG94 I just called my agent. He is gonna send me forms to fill out for 4 boats I have. I'll keep you posted after I hear back from him after I get him my info. It was a good chat about liabilities.