"NOYB" wrote in message
link.net...

"Harry Krause" wrote in message
. ..
NOYB wrote:
"basskisser" wrote in message
oups.com...
Harry Krause wrote:
NOYB wrote:
"Shortwave Sportfishing" wrote in message
...
On Wed, 23 Aug 2006 20:26:02 GMT, "NOYB" wrote:

It's insurance! Or lack thereof. In Florida, it is now impossible
to
insure a boat over 30' long valued at more than $100,000 if the
boat:

a) doesn't have a trailer

and/or

b) is more than 5 model years old (2001 and older are uninsurable
if
they're
over 30 feet and valued at more than $100,000)
Hmmmm. So here's a scenario for you.

I have a custom made trailer for my Contender which is used to haul
the boat twice a season for a wash and wax. It also doubles as a
winter storage trailer - just put it on, park it and shrink wrap.

The only problem is if I wanted to take it from the yard, I would
need
a special permit because it's over-width for the highway. So I
couldn't just pick it up and move it away from the coast if a storm
approached or whatever.

If that boat was a, say 2000, would it be covered?
No. A 2000 wouldn't be covered unless it was valued under $100,000.
A 2002
would be covered, but the premium for a $100,000 boat is nearly
$5000/year.


I have no place to store a trailer unless I'm willing to pay
$150/month
storage fee. Even if I pulled the boat, where would I put it? And
I'd need
something that could tow upwards of 12,000 lbs that is 10'6" wide.




No room on the lot of that million dollar house to stash a boat
trailer?

Incredible.
Bwaaahaa!! He got hosed in the housing bubble. Along with an interest
only loan!

My house appraised in July, 2005 for 50% more than I paid for it in
March, 2004. The house next to mine is the same size, but sits on the
end of a canal (less desirable) and is listed for $1.59 million. They
won't get that, but if they lowered it to $1.2 million it would sell
tomorrow.





By December 31, 2008, it'll go at auction for $199,999.

Only if Hillary is President.




Don't bet on that. You guys are in for a big let down price wise sometime
soon. This insurance problem will only hasten that process. ;-)