[C320-list] Sailboat Insurance

[Jeffrey Kapec]

Hello Greg:

I bought our 320 (hull 718) several years ago.  Before that 
I owned a C30.  In both instances the Power Squadrons 
insurance rates were the best and I have an agreed upon 
replacement cost if the boat is lost or damaged beyond 
repair.  I believe they are the best option because they 
know boats and if you are a member of the Power Squadrons 
with some education certificates it lowers the premium 
because you represent an educated boater.  The other 
insurance companies.... Amica for example, which I have for 
car and home, was way out of line with their quote by $ 
1,000 per year.  If the underwriters do not really 
understand the Marine environment they tend to guess about 
the probabilities of an uneducated boat owner doing stupid 
things with their boat, which they often do, and which you 
pay for in premiums.

Jeff Kapec

"Petite Suite"