On Thu, 15 Feb 2007 09:10:19 -0800, Alan Gomes wrote:

Assuming they do repair the boat I wonder if they will experience any
difficulties getting insurance the second time around--more so than if
they just obtained a different boat that had not been subjected to a
grounding? Just wondering....

People are having a great deal of trouble getting insurance on boats
if they have had a claim of any kind in recent memory.

My guess is that Skip will have to self insure at the end of his
current policy. That could be soon if they decide to total the boat.

Wayne.B wrote:

People are having a great deal of trouble getting insurance on boats
if they have had a claim of any kind in recent memory.

My guess is that Skip will have to self insure at the end of his
current policy. That could be soon if they decide to total the boat.

That could very well be true. Boat US declined to
quote insurance coverage on our powerboat in 2006
after I answered truthfully that we had had a
claim the year before due to "finding" a rock.
The fact that we had not had a claim since buying
our first boat in 1986 until 2005, or that the
entire claim came to $4,100 (Fiberglass repair and
a lower unit) did not even come into play.

Fortunately, the company that had insured us since
1986 (State Farm) did not feel the same way. They
were happy to keep taking our premiums, and the
rate did not even go up. Right now, the Irwin is
insured through State Farm, and the coverage is
good for 30 miles offshore (which will have to
change when we start cruising seriously).

Don W.

On Thu, 15 Feb 2007 21:43:42 GMT, Don W
wrote:

Right now, the Irwin is
insured through State Farm, and the coverage is
good for 30 miles offshore (which will have to
change when we start cruising seriously).

Last I had heard State Farm was not taking on *any* new customers in
Florida, house or boat, loss or no loss. Have things changed or are
you somewhere north?

Wayne.B wrote:

On Thu, 15 Feb 2007 21:43:42 GMT, Don W
wrote:


Right now, the Irwin is
insured through State Farm, and the coverage is
good for 30 miles offshore (which will have to
change when we start cruising seriously).


Last I had heard State Farm was not taking on *any* new customers in
Florida, house or boat, loss or no loss. Have things changed or are
you somewhere north?

Depends on where you are in FL whether we're N or
S of you. We're on the Texas gulf coast. We got
lucky in 2005, but we did have the eye of a Cat 1
go right over the top of us in 2003. We didn't
own the boat then, but dockmates say it was in the
same slip it is now at them time.

Don't know about State Farm and Florida. I do
know my boat insurance is roughly equal to my
house insurance in cost, and I could cut the
insurance cost to 1/2 of what it is by getting the
boat off of the coast--But that would take most of
the fun out.

Don W.