Insurance woes

Rick · Post by **Rick** » Mon Dec 04, 2006 5:00 am

Pete - I hope so - it's a job that both Al & I don't wish on anyone ! Are 8.1's that much cheaper than a rebuilt set of diesels ? You might want to do an analysis between the two before moving ahead. I re-powered w/ new 454's in 2000, but they were $8K each (w/ trannies) and dropped right in. But the 8.1's are right up there and I think we can help you find some rebuilt D's. Rick Ticket 85 SF Falmouth, MA

khybskid · Post by **khybskid** » Tue Dec 05, 2006 12:13 pm

Thank for the tip rick but i wanted gas because i worked on a diesel charterboat for several years and i would get so sick from the fumes. Even when im on a friends diesel that are clean yanmars i still get yucky (till the bites on)or theres a breeze. Its funny but sometimes i hold my breath till i get on the other side of the boat.

Rick · Post by **Rick** » Wed Dec 06, 2006 4:11 am

I hear ya Pete. Those 8.1's look nice...I think both Merc & Crusader are 85% Fresh Water cooled now, so hopefully that'll make the manifold maintenance a little better. Rick Ticket 85 SF Falmouth, MA

BECCA ROSE · Post by **BECCA ROSE** » Fri Feb 09, 2007 3:52 am

Travelers has been nice enough to insure me once again. I thought they might be upset that I paid 1,100 last year and they paid 95,000. I increased the "agreed value" to $140,000 because of the diesels, and my bill will be $1,300 a year. Hope I don't need them again, but nice to know they're there. Bill 1988 33 FBC Ipswich, Ma. > ~------- [img]http://www.bertram33.com/photogallery/p ... a_Rose.jpg[/img]

Post by **dougl33** » Mon Mar 26, 2007 9:25 am

I just got a call from a friend with a gas powered 86 FBC. He was insured by Zurich. He just got a certified letter saying they were dropping him. This is pretty much what I was worried about. All these a$$hole$ have finally suceeded in screwing us. Regards, Doug L. 1986 33 Bertram FBC Queen Elizabeth Marblehead, MA [img]http://www.bertram33.com/photogallery/p ... sabeth.jpg[/img]

BECCA ROSE · Post by **BECCA ROSE** » Mon Mar 26, 2007 11:56 am

Travelers sent me my bill and it actually went down to just under $1,000 a year. Mind boggling to actually see a bill go down! Doug, Did the letter say they were dropping him because of ethanol related liabilities?? Bill 1988 33 FBC Ipswich, Ma. > ~------- [img]http://www.bertram33.com/photogallery/p ... a_Rose.jpg[/img]

smanni · Post by **smanni** » Mon Mar 26, 2007 1:29 pm

I just got a quote from AllState (I have my residence and a few rental properties insured with them) and the quote is for 100,00 agreed value (based on a recent survey) price was 2500 with a 1000 deductible and 2100 with a 500 deductible. I have a friend getting me a quote through travelers as well.

captgene · Post by **captgene** » Mon Mar 26, 2007 3:20 pm

I'll take that $2500 any day. Mine is $3300 with Boat USeless Gene Dugan Boca Raton, Fl. "Nauti Marie" 1989 33 FBC

Post by **dougl33** » Tue Mar 27, 2007 2:30 am

Bill, I'm not sure exactly what the letter said. Hopefully he will chime in. I got the bill for my old policy through One Beacon the other day. For and agreed value of $133K (I bumped it up for the diesels), a 2% ded, $10K in medical payments, $500K in uninsured boater, and $1 million in liability, it was $2200. The same coverage on my new policy (actually I have a hull value of $140K now) with Travelers was just under $1200. Regards, Doug L. 1986 33 Bertram FBC Queen Elizabeth Marblehead, MA [img]http://www.bertram33.com/photogallery/p ... sabeth.jpg[/img]

khybskid · Post by **khybskid** » Sat Mar 31, 2007 1:16 pm

Hi doug and bill, Awhile ago i had a problem with ZURICH insurance. I was insured with them for a few years and last fall my agent told me that they no longer wanted to insure my bertram and a sheet about any plastic product holding gasoline would not be an insurable item . They really didnt dump me with an explanation but that letter was pertaining to the glass tank. My agent got me HEGARTY classic boat insurance for i think about 100 dollars less with the same coverage. That was 1200 dollars now

BECCA ROSE · Post by **BECCA ROSE** » Sun Apr 01, 2007 2:51 am

Thats a good deal Pete, if all the insurance companies dump us, Im sure Capt Ed will figure out a way for us to start our own insurance company! No worries. Bill 1988 33 FBC Ipswich, Ma. > ~------- [img]http://www.bertram33.com/photogallery/p ... a_Rose.jpg[/img]

Capt. Ed · Post by **Capt. Ed** » Sun Apr 01, 2007 7:03 am

You got that right! When you add up how much we all pay in annual premiums, vs. the loss pay outs we would be better off as a mutual insurer. That is how USAA started, USAA's founders were just 25 Army officers who agreed to insure each other in 1922. The grew to become a Fortune 200 financial services company with $96.1 billion in owned and managed assets and more than 5.5 million members. Because USAA is not a publicly traded company, they don't answer to stockholders – they answer to the policyholders. Here in Florida when hurricanes come and they tell us to evacuate, Florida residents stay, its the insurance companies that evacuate.

BECCA ROSE · Post by **BECCA ROSE** » Sun Apr 01, 2007 10:47 am

See, I told you. Have no fear, Capt. Ed is here![8D] Bill 1988 33 FBC Ipswich, Ma. > ~------- [img]http://www.bertram33.com/photogallery/p ... a_Rose.jpg[/img]

Sean B · Post by **Sean B** » Mon Apr 02, 2007 2:12 pm

I like that idea. What happens if four of us loose our boats in one big hurricane though? Also, would the banks accept that insurance... I didn't pay cash for my boat. I'd like to explore this more if anybody else is interested, it would have a be a fair size group to work of course. I think I paid $3600 last time around, and I don't remember what the deductible is but it's big and was also doubled for windstorm loss. My boat is in a protected harbor and I take really good care of her when the weather turns bad, the big windstorm rate isn't deserved. More danger of her sinking from something stupid like a malfunctioning head I think, but perish the thought Sean Burlingham "Island Time" 1987 Bertram 33 SF Melbourne, FL SBurlingham@cfl.rr.com [img]http://www.bertram33.com/photogallery/p ... d_Time.jpg[/img]

lobsta1 · Post by **lobsta1** » Tue Apr 03, 2007 3:06 pm

My insurance is good until Oct. but just got this email from AAA. Might be worth looking into for some people. +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Specialized Boat Insurance For almost any kind of boat, including fishing boats, runabouts, personal watercraft, and boats up to 50 feet in length and $250,000 in value. We provide coverage for your specific needs, with policy options including: Total loss replacement Agreed value - protects the customers' investment in their boat without the worry of depreciation for total losses Disappearing deductibles Fishing equipment replacement cost Personal effects replacement cost 24-hour roadside assistance On-water towing Wreckage removal coverage Property damage liability - coverage for fuel spills Medical payments coverage - including water skiers Call 1-800-222-4242 for more information on coverages ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Al