[C320-list] Insurance renewal

[Greg Arnold]

Do you have consequential damage coverage?  That is, if a cotter pin
falls out of the mast and you are dismasted, does the insurance just
cover a replacement cotter pin or does it also cover a replacement mast?

Practical Sailor had an article about this:
https://www.practical-sailor.com/sailboat-reviews/consequential-damage-coverage


2005 C-320 #1054
Santa Barbara, CA



On 5/19/2023 1:52 PM, Dave Hupe via C320-list wrote:
> Sorry to relay this after reading other's input, but my boater's insurance is $186/year total ($15.50/month) from State Farm, bundled with our car and apartment renters insurance. Our premium was $473/year when we first insured it with them in 2017, but the rate dropped substantially after 3 years (still don't know why but didn’t want to question too much). I argued the initial high premium with them that didn't make any sense compared to a friend's younger/more valuable 320 at a lower premium.
> Our 1994 boat value is listed at $48k, we have $500 deductible, $300k liability coverage, $1k medical insurance per person, $1k emergency service.
> Dave Hupe
> 1994 C320 #32
> Holland, MI
>
> Sent from Yahoo Mail on Android
>
>    On Fri, May 19, 2023 at 2:35 AM, Christopher Nichols via C320-list<c320-list at lists.catalina320.com>  wrote:     I had my increasingly frequent sticker shock yesterday seeing my
>    insurance renewal come in at just over 1800 bucks. For an inshore
>    policy in NE US this appears rather high (and 400 more than last
>    year).
>    Is anyone else in a similar situation and importantly has anyone found
>    a better deal?
>    For background I have been with the firm since I bought the boat in
>    2010 and have never had any claim. The boat is afloat for only 5 weeks
>    a year for our annual cruise and lives in a dry storage shed inland for
>    the rest of the year.
>    Chris
>    (C320 #476 AmandaRose)
>
>
>