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D.Duck

"Short Wave Sportfishing" wrote in message
...
On Thu, 20 Dec 2007 06:37:53 -0500, wrote:

Maybe it only applies to boats over a certain age? I have BoatUS insurance
and
they required a survey for my 15 year old boat. They even have a list of
surveyors they will accept!

My policy is with Traveler's and it requires a "mechanical inspection"
for boats over 16 feet over 10 years old. I asked what "mechanical
inspection" meant and it means what you might think - all mechanical
systems are sound and working and the hull is sound and seaworthy.

It can be done by any National Marine Manufacture's Association
Certified Dealer, one other certified association dealer I can't think
of at the moment or a qualified marine surveyor. They also have a
list of surveyors they will accept.

Once the inspection is done you have two options - one an agreed on
value (which you pay more for, but it's set in stone what they pay for
complete loss) or two, high retail value at time of sale.

Liability and medical limits are selectable.

It's a pretty decent policy and covers everything from soup to nuts
including fuel spills up to an agreed amount - I think mine is $400K
or close to that - with an over all million dollar general liability
amount and $500K medical thingy.

I don't know what I pay for it actually, but I think it's somewhere
around $480 +/- $50 - it's a discounted policy because all our other
insurances and such are with Traveler's and I have never had a claim
on anything since I've been with Traveler's starting over 30 years
ago.

No claim in 30 years, why bother with insurance, you're impervious? :-)