WOW!
Allstate denies me because I had a speeding ticket (less than 15 over) back in 1999!!!!
Progressive wants $550, even though my auto with them is dirt cheap.
Boat US is giving me Hull replacement coverage, 100 deducts, 100K liability, and 100K unisured boater, 4500 agreed hull value, and 750 for the trailer.
$295 including racing, and any other mishaps (broken mast, torn sail, etc.)

How good is Boat US, has anyone had them, any experiances?!?

THANKS!

Theo - I DO have a boat policy with the company that drives those white trucks with blue lettering. I don't know who you talked to, but the auto division may not know what you're talking about. To them, a "high performance catamaran" may mean those offshore racing powerboats.

Best bet is to contact (or ask for) their marine underwriting agent. Tell them your boat is similar to a hobie cat (I told them mine was like a "hobie on steroids"), and they should get the idea. Problem is that few sailors get insurance for beachcats, so some agents are unfamiliar with what you're asking for...

PS - are you the same THEO from that other site where oodles of smack and rudder rake settings are discussed? If so, we can talk if you make it to St. Augustine for the Sizzler weekend in July... I'll try to get contact info for my agent...

I'm that Theo

TAftonomos@cfl.rr.com

Try thru West Marine. Mine's around $200, for 50k liability, 3k medical, 500 personal effects, 1k trailer, and 4500 agreed value.

I just bought a SC19 and insured it with Nationwide for $218 year. This covers the trailer and all. All I had to do was provide some digital pics to the underwriter.

Has anyone looked at or gotten insurance from BoatUS? I just did an online quote for a Tornado I'm getting soon. They offer two policies...an actual cash value type(depreciated valuve) for ~$110/year and an agreed upon value type (non-decreciating) for ~$180/year.

If you look above, I had Boat US. Soon after, I had a problem, that actually totaled the boat (destroyed a hull, beam, lost board, etc.)

Took them 2 MONTHS of beating around the bush to finally get me a check, but they did deliver. It worked out ok, as it took me that long to find replacement parts, but had I found them right away, I would have been pretty upset.

They will actually re-insure the boat now, after someone comes out and does a survey on it. INstead of paying for that, I've just taken a lot of pics, and I'm going to have Progressive do it, albit for $500 a year

In my limited dealings with insurance companies, isn't it the status quo that you'll have to practically berate them to get any kind of claim, and once you do, they'll threaten to cut your coverage afterwards?

Sounds like a dirty scam.

Delay is receiving claim funds is not uncommon for insurance. As far as I can tell, it's standard practice in the industry. I once had to file for a theft of property rom my apartment while I was in university. Took well over 3 months before all the claims were settled, although I kept getting special permission to purchase certain "essential" items with quick refund (TV, clothes, etc.). It seemed they were trying to figure out if I was scamming them in some kind of fraudulent claim...how desparate was I to get the claim funds...

Mike.

ALWAYS get agreed-value, if you can afford it. The rule of thumb that I heard is go $1000 more than you paid, and I do this religiously. Have never had a claim, but I want to be able to get at least as good if not a little better boat if I total. Also I carry liability in the $50,000 range...F-boat amas are expensive, and come to think of it, Nacra, Inter, and Hobie hulls are pretty damn pricy too.

We have our Tornado insured through Club Marine - Tornado ALIVE major sponnsor.

We have full race insurance including 3rd party upto the value of $1,000,000 from memory.

Their web site is www.clubmarine.com.au

In Australia it is compulsory to have atleast 3rd party insurance before you race.

I paid about $120 for my policy (just renewed this month)that includes the standard stuff (liability, Property damage, etc.) and limits. To save cash, I chose a high deductible ($1000) since I figured I would only make a claim for a total loss/theft anyway, and budget for replacement stuff (sails, mast, rudders, etc.). If you make it a year without major damage, you usually end up with enough spare/replacement parts to sustain anything but significant hull/sailplan damage. Chalk it up to "cost of operation", and save your insurance premium dollars (which you could buy parts with).

Theo- a few benefits of your insurer:
1) They cover racing (a lot of insurers exclude that)
2) They offer "replacement cost" coverage - basically, they pay what it would cost to buy a similar boat if yours is a total loss
3) They offer a sliding deductible. If you don't file a claim, they drop the deductible amount at renewal 25%. My original deductible was $1000, but I think it's down to about $600-700 by now.

I've suffered some damage to the boat (ripped sails, broken battens, holes in the hull), but fixed them myself or sent them to my local dealer/repair facilities. I had it fixed to my specs and on my time schedule, which I felt was a better in the short term... I'd rather fight with the insurer in the total loss scenario than just trying to get little stuff done.

I believe you met Ryan at Eustis, who suffered a MAJOR breakdown this season (split hull, broken mast, torn sails)at Hagar's Run, and his insurance company did him right. He'd be a good source of info as to how the process works.