[C320-list] Insurance

[Robert Seastream]

Boat US insures our 2002 for $952 at an agreed value of $88K with a 10  
percent deductible.  We could probably do a bit better.
That could've included our dinghy but we opted to insure that  
separately.  Doing so gave the dinghy policy a flat $100 deductible.
The flat deductible in handy when our $2K 8HP Honda outboard got  
stolen.  I'd have hated to see the 10 percent ($880) deductible  
applied in that case.

Bob Seastream
Intuition # 906


On Apr 16, 2008, at 12:38 PM, Orlando.Duran at AveryDennison.com wrote:

> David,
>
> Interestingly enough, my insurance I bought from Mariner's was also
> underwritten by Markel
>
> Although my boat will be 2 years old this August, they still insured  
> it
> for my original purchase price (I had my dealer install everything I
> wanted and he rolled it into one bill), so I didn't lose any  
> depreciated
> value from Aug 2006 to when they insured it January 24, 2008.
>
>
> Like I said though, read the fine print and shop around--with MARINE
> underwriters
>
> cuba libre 3
>
>
>
>             David Nolte
>             <dcnolte at mac.com
>>                                                        To
>             Sent by:                 C320-List at Catalina320.com
>             c320-list- 
> bounce                                          cc
>             s at lists.catalina
>             320.com                                               
> Subject
>                                      Re: [C320-list] Insurance
>
>             04/16/2008 09:31
>             AM
>
>
>              Please respond
>                    to
>             C320-List at Catali
>                na320.com
>
>
>
>
>
>
> Thanks Orlando, great info.  That reinforces advice I had received
> previously about using a marine underwriter. This discussion is very
> timely for me, I got the dreaded letter from my insurance company
> yesterday that I need to do a haul-out survey before they renew next
> year (and fix most of the items the survey identifies!)
>
> My policy is a Helmsman Yacht policy written by Markel American
> Insurance Company, represented locally (Annapolis) by International
> Marine Insurance Services.
>
> I currently pay $630 per year, of which $471 is for the boat.
>
> My "Replacement Cost" is capped by my 'limit of insurance', which for
> me is currently $65,000. I've got an old boat.
>
> Looks like I need to do some thinking and some shopping.
>
> David Nolte
> Beach House #4
>
>
> On Apr 16, 2008, at 11:52 AM, Orlando.Duran at AveryDennison.com wrote:
>
>> Folks,
>>
>> Make sure you do an apples-for-apples comparison, price alone
>> should not
>> be the reason for choosing one company over another..companies like
>> Allstate, State Farm, etc are not the best providers of MARINE
>> insurance....I have done a lot of research on this and take it from
>> me,
>> scrutinize those policies and you'll see a big difference between an
>> Allstate and a Mariner's General policy for example
>>
>> If you have a Cash Value policy and your 10 year old boat sinks,
>> they will
>> pay off the DEPRECIATED value---you'll be getting back the money of
>> a used
>> boat--good luck on buying a new boat with that...Agree Value--you
>> agree on
>> $100K, your boat sinks in 10 years and that's what they pay you,  
>> $100K
>>
>>
>>
>>
>>
>>             "Jon Vez"
>>             <jonvez at comcast.
>>
>> net>                                                      To
>>             Sent by:                 <C320-List at Catalina320.com>
>>             c320-list-
>> bounce                                          cc
>>             s at lists.catalina
>>             320.com
>> Subject
>>                                      Re: [C320-list] Insurance
>>
>>             04/16/2008 06:53
>>             AM
>>
>>
>>              Please respond
>>                    to
>>             C320-List at Catali
>>                na320.com
>>
>>
>>
>>
>>
>>
>> Irv,
>>
>> Sampson Insurance: 800-585-1905
>> www.sampsonins.com
>>
>> Warren Hayes: whayes at Sampsonins.com
>>
>> For what it's worth, BoatUS was one of the highest quotes I
>> received...good
>> luck
>>
>> Regards,
>>
>> Jon Vez
>>
>> -----Original Message-----
>> From: c320-list-bounces at lists.catalina320.com
>> [mailto:c320-list-bounces at lists.catalina320.com] On Behalf Of Irving
>> Grunes
>> Sent: Wednesday, April 16, 2008 9:01 AM
>> To: C320-List at catalina320.com
>> Subject: Re: [C320-list] Insurance
>>
>> John Vez
>> Please  give us the full name, address (Street as well as Email)
>> and phone
>> number of the Sampson Insurance agency you used.
>> Google has any number of insurance agents called "Sampson"
>> And Orlando, Please do the same for the agency you used as well.
>> We have been using Boat US and I don't know if we could do better.
>> Irv Grunes #851
>>
>> On Wed, Apr 16, 2008 at 7:49 AM, Jon Vez <jonvez at comcast.net> wrote:
>>
>>> Larry,
>>>
>>> Can't comment on State Farm, but I just went through this. I got
>>> three
>>> excellent quotes that were far below what I was paying. I highly
>> recommend
>>> getting a quote from the company Orlando recommended a while back--
>>> don't
>>> recall the name but they advertise in Mainsheet and know the
>>> Catalina's
>>> well. They were extremely competitive, but in the end I went with
>> another
>>> company that I got from an insurance agent that I found--they did a
>>> terrific
>>> job in either telling me what they couldn't beat and doing a lot
>>> of leg
>>> work. I believe everyone uses the same 6 or 7 underwriters for  
>>> marine
>>> insurance anyway--I ended up using a company called Sampson  
>>> Insurance
>> and
>>> dealt with a gentleman by the name of Warren Hayes. Paying 45%  
>>> *less*
>> than
>>> last year! Good luck..
>>>
>>> Regards,
>>>
>>> Jon Vez
>>> Solstice #582
>>>
>>> -----Original Message-----
>>> From: c320-list-bounces at lists.catalina320.com
>>> [mailto:c320-list-bounces at lists.catalina320.com] On Behalf Of Larry
>> Frank
>>> Sent: Tuesday, April 15, 2008 11:28 PM
>>> To: C320-List at Catalina320.com
>>> Subject: [C320-list] Insurance
>>>
>>> I am thinking of changing insurance providers.  Any comments
>>> regarding
>>> your
>>> experience with State Farm would be appreciated - whether it's
>>> been good
>>> or
>>> bad.
>>>
>>>
>>>
>>> Thanks,
>>>
>>>
>>>
>>> Larry
>>>
>>> WindSwept C320 #246
>>>
>>>
>>
>>
>>
>>
>> - -----------------------------------------------------------------
>> The information transmitted is intended only for the person or
>> entity to which it is addressed and may contain confidential and/or
>> privileged material. Any review, retransmission, dissemination or
>> other use of, or taking of any action in reliance upon, this
>> information by persons or entities other than the intended
>> recipient is prohibited. If you received this in error, please
>> contact the sender and delete the material from any computer.
>
>
>
>
> - -----------------------------------------------------------------
> The information transmitted is intended only for the person or  
> entity to which it is addressed and may contain confidential and/or  
> privileged material. Any review, retransmission, dissemination or  
> other use of, or taking of any action in reliance upon, this  
> information by persons or entities other than the intended recipient  
> is prohibited. If you received this in error, please contact the  
> sender and delete the material from any computer.