Cat boat Insurance ???????

[Tightrig 12]

Is the 21 Liberator a tunnel hull ? That is one of State Farms exclusions.
V-hull ...no problem

[Tightrig 12]

Foremost was next on my list...buy I landed a policy with SAFECO. coverage on the boat, trailer, medical, uninsured, Liabity, personal items, towing....
Policy total $342 / year. 500 deductible
23 Eliminator twin outboard
Bart

[wasvette]

Is the 21 Liberator a tunnel hull ? That is one of State Farms exclusions.
V-hull ...no problem

Yes, tunnel; like an Eliminator Daytona - they did not exclude it so go figure; we also have like 10 policies with them so I don't know if that's a factor. Don't think so but you never know.

[Tightrig 12]

Wow....the previous owner of my boat had State Farm on the boat for 10 years, me...2 days. The agent sent in the policy identical.
It may be a Michigan thing !
I had absutely no problem with Safeco, I might have to get an appraisal to verify insured value but unlikely.
Bart

[Zukiride]

Great thread, heck, i went through the same mess trying to insure a 21 Extreme Cat with twin 280's . . . such a pain that I never bought it. . . my Euro and now River Rocket are insured, and I also made sure they gave me something in writing saying they know it's over a 100mph boat. . . . don't want to lie to them, or if you have a claim, they find you lied or weren't truthful, and you magically don't have insurance when you need it. . . . great info on SafeCo, too bad it's such a mess to insure these boats, but then, 100 on water is a tad fast . . haha. . .

[Tightrig 12]

I agree...misrepresentation will get you nothing when you have a claim. Better off being honest, pay a little more and find the right company.
100...to me That's crazy fast
I'm probably a light weight but,
In my 23...i pucker at 75....its awesome right there !

[Just Tool'in]

Safeco did my Argo also. Was super surprised. But I was in the middle of changing over autos, home, umbrella etc, so I told the agent that the only way I would switch is if they got the argo covered told him top speed also (MY top speed, NOT Adams!)

[Tightrig 12]

Nice boat

[mjw930]

Safeco did my Argo also. Was super surprised. But I was in the middle of changing over autos, home, umbrella etc, so I told the agent that the only way I would switch is if they got the argo covered told him top speed also (MY top speed, NOT Adams!)

At what point does it become aircraft insurance and not boat insurance?

[Tightrig 12]

Good point....
These boats are 95% in the air anyway !

[Tightrig 12]

Don't give these ins company's any ideas
They may jump on it !

[Just Tool'in]

I hesitated to join this thread.............knocking on wood at the moment!

[Tightrig 12]

Yes...i hear ya !
Your safe here....its a good luck thread for all to be insured

I'm so glad I called Safeco and locked in now rather than waiting another 6 months for boating season.

[Tightrig 12]

I was just raving about Foremost (Safeco) insurance on how they set me up with an awesome policy for liability and boat coverage, $342/year(23 Eliminator Daytona cat) with no explanation...a full refund showed up in my account after 3 weeks. Agent called underwriting and explained my boat description is in the drop down menu, their response, does not matter...those boats are not eligable.
F. U.
This is the 2nd company I have paid a full year up front and took home binding insurance. Then weeks later have it pulled. W T *

[mjw930]

Foremost and Safeco are separate companies. Call Wozencraft if you can't find a local Foremost agent who can write real marine policies (not every Foremost agent can). Your experience with Safeco is why I didn't cancel Foremost on this year's renewal. Lesson learned, get the policy issued (not a binder) before cancelling an in force policy.