I am anticipating liability only cicerage this fall. Last year hull value coverage of $77k caused $3,600
Get Outlook for Android<https://aka.ms/AAb9ysg> ________________________________ From: Martin DeYoung via CnC-List <cnc-list@cnc-list.com> Sent: Monday, July 17, 2023 7:06:00 PM To: Stus-List <cnc-list@cnc-list.com> Cc: Martin DeYoung <martin.deyo...@outlook.com> Subject: Stus-List Re: Insurance for larger boat - 15 foot increase maximum? When we purchased our 1956 Matthews 42 with twin 454 gas V8 engines we had difficulty obtaining insurance at any cost. After a haul-out survey, drawn fasteners, and certifying the survey findings we got to my qualifications to own and operate the vessel. The insurance company that was most promising asked about my ownership and experience operating/navigating similar size vessels. They also asked about what training/education related to boat operation I had competed. Fortunately, I had all those bases covered and we were able to bind coverage. The cost is 4X what we pay for Calypso. We were expecting 3X, hoping for 2X. I expect newbies, possibly during COVID buying more boat than they could handle along with high payouts from storm damage is driving insurance companies out of the market. Martin DeYoung Calypso 1971 C&C 43 Greta 1956 Matthews 42 Port Ludlow ________________________________ From: Dennis C. via CnC-List <cnc-list@cnc-list.com> Sent: Monday, July 17, 2023 4:49 PM To: Stus-List <cnc-list@cnc-list.com> Cc: Dennis C. <capt...@gmail.com> Subject: Stus-List Re: Insurance for larger boat - 15 foot increase maximum? Still haven't gotten any more information on this. Dennis C. On Sun, Jul 2, 2023 at 2:19 PM Dennis C. via CnC-List <cnc-list@cnc-list.com<mailto:cnc-list@cnc-list.com>> wrote: This is strange. I was chatting with a friend who is looking for a larger boat (power). He said a couple of insurance representatives and a knowledgeable broker told him he could not get insurance for a boat more than 15 feet longer than his existing boat unless he has a master's license. Anybody else heard that? Can't seem to find an answer on the internet. And how does one buy a first boat if it's long? He's okay because he is only moving from 23 feet to 37 feet. He has taken the Power Squadron course and said that didn't matter. -- Dennis C. Touche' 35-1 #83 Mandeville, LA Please show your appreciation for this list and the Photo Album site and help me pay the associated bills. Make a contribution at: https://www.paypal.me/stumurray Thanks for your help. Stu -- Dennis C. Touche' 35-1 #83 Mandeville, LA
Please show your appreciation for this list and the Photo Album site and help me pay the associated bills. Make a contribution at: https://www.paypal.me/stumurray Thanks for your help. Stu
