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On Tue, 11 Apr 2006 15:49:43 GMT, "Roger Long"
wrote: There was just a post on the owner's forum for my boat that someone is having trouble getting insurance in the Gulf and Florida region for a boat more than five years old. Has anyone heard anything similar? Any chance this is the first high cirrus clouds of approaching bad weather? Getting insurance on older boats has been an issue for quite awhile but now it is getting worse, a lot worse in places like Florida and the Gulf Coast. It's not just boats either, houses also. Our home insurance just doubled last week and we've had no claims. It just happens to be a 1978 house however, built before the new FL codes went into effect. We are on the water but 10 miles inland from the Gulf, and about 1,000 ft in from the river. Two years ago when we bought our 1981 GB trawler, insurance almost broke the deal because it was so difficult to get, and that was before the latest bunch of bad storms. We know people who have clauses in their policy stating that the boat can not be below latitude 31 degrees during the hurricane season (roughly the South Carolina border). |
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