Another perspective on boat insurance: I have a 29 mk1 which I purchased this spring. It's a $10k boat in excellent condition and also in Long Island sound. BoatUS quoted me $550 or so per year for coverage. I use Geico for my auto insurance and asked them for a quote as well. They transferred me to another Berkshire Hathaway subsidiary called Seaworthy insurance that Geico is in cahoots with in some way. Seaworthy's quote was for $158 per year.
I reviewed both policies side by side, and though I'm not an attorney, they appeared identical. Same deductible, same coverages, same exclusions, same survey requirements. I asked Seaworthy why they were so much less expensive and they said it was largely to do with my years of being with Geico and my never having made a claim - in addition to my 10+ years of boat ownership. At any rate, I signed up with Seaworthy and my dealings to date have been totally pleasant. Their agents clearly know boats and dealing with the post-condition and value survey issues was very reasonable and pleasant. Keep in mind that I drive like an old man and that I haven't broken a boat badly since I was in college, so I can't speak for how Seaworthy deals with claims. But I'm damn happy to be paying so little for boat insurance! - Oban Lambie Circe C&C 29 MK1 East Setauket, New York On Aug 23, 2012, at 1:52 PM, Joel Aronson <joel.aron...@gmail.com> wrote: Congrats! There was a recent thread on whether BoatUS was worth the extra money they charge. If you are looking for inexpensive insurance start with your auto/home insurer, as there will be multi policy discounts. Remember, most carriers will run a credit check and it will show as an inquiry on your credit report. Joel On Thu, Aug 23, 2012 at 3:45 PM, William Hall <wh...@alum.mit.edu> wrote: > Western Long Island Sound, moving from Larchmont to Stamford. > Thanks! > > On Thu, Aug 23, 2012 at 3:43 PM, Bill Coleman <colt...@verizon.net> wrote: > > Boat US insurance, or ACE. There are several others who know boats, I am > > sure others will chime in with their suggestions. This Agent obviously > > doesn't know much about sailboats. > > > > Did this boat used to reside in Bay City? Where are you? > > > > Bill Coleman > > C&C 39 > > > > > > -----Original Message----- > > From: cnc-list-boun...@cnc-list.com [mailto: > cnc-list-boun...@cnc-list.com] > > On Behalf Of William Hall > > Sent: Thursday, August 23, 2012 3:38 PM > > To: cnc-list@cnc-list.com > > Subject: Stus-List c&c smile and insurance > > > > Hi List, > > I just bought a C&C 37. > > Everything I read tells me the C&C smile is just how it goes, and I've > > seen the cosmetic repair section here. Keel bolts look beautiful. > > The inspector told me verbally that it's perfectly fine. > > But in his written survey, he added this CYA material: > > "I believe the keel to stub crack is fairing compound coming loose and > > the normal separation due to expansion" > > with recommendations: > > "further investigate and repair as necessary" > > > > The insurance guy wanted the survey and has said coverage is > > contingent on " further testing (ultrasonic) to determine whether or > > not that crack is compromising the structural stability of the vessel. > > " > > > > Has anyone any idea how ultrasonic testing could relate at all to this? > > Can anyone point me to material that might convince the insurance guy > > that there are less expensive means that will tell us more? > > > > Or maybe someone can just point me to a better boat insurance agent? > > > > Many thanks! > > Bill > > > > _______________________________________________ > > This List is provided by the C&C Photo Album > > http://www.cncphotoalbum.com > > CnC-List@cnc-list.com > > > > > > _______________________________________________ > > This List is provided by the C&C Photo Album > > http://www.cncphotoalbum.com > > CnC-List@cnc-list.com > > > > -- > William D. Hall, Ph.D. > 203 653 2886 (o) > 617 620 9078 (c) > wh...@alum.mit.edu > > _______________________________________________ > This List is provided by the C&C Photo Album > http://www.cncphotoalbum.com > CnC-List@cnc-list.com > -- Joel 301 541 8551 _______________________________________________ This List is provided by the C&C Photo Album http://www.cncphotoalbum.com CnC-List@cnc-list.com
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