Boat insurance in the Gulf States
 

If you have anything over 30', is virtually impossible to obtain IME.

Molesworth

Boat insurance in the Gulf States
 

On Jun 5, 11:42 am, Molesworth wrote:
If you have anything over 30', is virtually impossible to obtain IME.

Molesworth

Funny, I just renewed the policy for my Krogen 42 in the Galveston Bay
area, with named storm insurance. Pricy, but easy to get. Shop around.

Boat insurance in the Gulf States
 

In article .com,
Keith wrote:

On Jun 5, 11:42 am, Molesworth wrote:
If you have anything over 30', is virtually impossible to obtain IME.

Molesworth

Funny, I just renewed the policy for my Krogen 42 in the Galveston Bay
area, with named storm insurance. Pricy, but easy to get. Shop around.

How old is your boat? Mine is 'over 10 years'...

Molesworth

Boat insurance in the Gulf States
 

1991 Ocean 48

$9500/year Up from $1500 in 2000, 3500 in 2002, 6500 in 2005

Cheaper to charter!!!!




Molesworth wrote:
In article .com,
Keith wrote:


On Jun 5, 11:42 am, Molesworth wrote:

If you have anything over 30', is virtually impossible to obtain IME.

Molesworth

Funny, I just renewed the policy for my Krogen 42 in the Galveston Bay
area, with named storm insurance. Pricy, but easy to get. Shop around.


How old is your boat? Mine is 'over 10 years'...

Molesworth

Boat insurance in the Gulf States
 

Ed wrote:
1991 Ocean 48

$9500/year Up from $1500 in 2000, 3500 in 2002, 6500 in 2005

Cheaper to charter!!!!

Based on my insurance rate, and the agreed value
of my boat, I'd say that the insurance company
expects to lose 1 boat for each 28 they insure
each year.

Based on that and your $9500/year I'd make a WAG
that you have that '91 Ocean 48 insured for about
$260K. Is that close?

Don W.

Boat insurance in the Gulf States
 

"Don W" wrote in message
et...
Ed wrote:
1991 Ocean 48

$9500/year Up from $1500 in 2000, 3500 in 2002, 6500 in 2005

Cheaper to charter!!!!

Based on my insurance rate, and the agreed value of my boat, I'd say that
the insurance company expects to lose 1 boat for each 28 they insure each
year.

Based on that and your $9500/year I'd make a WAG that you have that '91
Ocean 48 insured for about $260K. Is that close?

Don W.



Holy wah! So if you just save the money, and invest it safely without
touching principle or interest, every 28 years you could just buy a brand
new boat. Probably more often than that, but I don't feel like doing the
math.

Boat insurance in the Gulf States
 

On Jun 5, 10:42 am, Molesworth wrote:
If you have anything over 30', is virtually impossible to obtain IME.

Molesworth

Last week I renewed my policy with Progressive Insurance for my 46'
Beneteau. Agreed coverage is $230k. Policy was $1300, and that
includes a $6000 claim I had with them two years ago. Boat is reg. in
Houston, Tx.. Coverage includes down to Mexico, and out 75 miles away
from shore I believe.

Could not say enough positive things about that company.

Boat insurance in the Gulf States
 

In article om,
"Mark R." wrote:

On Jun 5, 10:42 am, Molesworth wrote:
If you have anything over 30', is virtually impossible to obtain IME.

Molesworth

Last week I renewed my policy with Progressive Insurance for my 46'
Beneteau. Agreed coverage is $230k. Policy was $1300, and that
includes a $6000 claim I had with them two years ago. Boat is reg. in
Houston, Tx.. Coverage includes down to Mexico, and out 75 miles away
from shore I believe.

Could not say enough positive things about that company.

Progressive website:

'We do not offer coverage on boats over 35''

:-(

Molesworth

Boat insurance in the Gulf States
 

Mark R. wrote:
On Jun 5, 10:42 am, Molesworth wrote:

If you have anything over 30', is virtually impossible to obtain IME.

Molesworth


Last week I renewed my policy with Progressive Insurance for my 46'
Beneteau. Agreed coverage is $230k. Policy was $1300, and that
includes a $6000 claim I had with them two years ago. Boat is reg. in
Houston, Tx.. Coverage includes down to Mexico, and out 75 miles away
from shore I believe.

Could not say enough positive things about that company.


Wow, that sounds like a deal! My boat is on
Matagorda Bay not too far south of Houston and my
insurance is almost as much as yours although my
86 Irwin 38 is worth less than 1/4 of what your
boat is insured for.

I think I'm going to give Progressive a call today.

Don W.

Boat insurance in the Gulf States
 

On Jun 7, 10:54 am, Don W
wrote:
Mark R. wrote:
On Jun 5, 10:42 am, Molesworth wrote:

If you have anything over 30', is virtually impossible to obtain IME.

Molesworth

Last week I renewed my policy with Progressive Insurance for my 46'
Beneteau. Agreed coverage is $230k. Policy was $1300, and that
includes a $6000 claim I had with them two years ago. Boat is reg. in
Houston, Tx.. Coverage includes down to Mexico, and out 75 miles away
from shore I believe.

Could not say enough positive things about that company.

Wow, that sounds like a deal! My boat is on
Matagorda Bay not too far south of Houston and my
insurance is almost as much as yours although my
86 Irwin 38 is worth less than 1/4 of what your
boat is insured for.

I think I'm going to give Progressive a call today.

Don W.- Hide quoted text -

- Show quoted text -

You in Port O'Conner Don?

Nice place..Worked crewboats out of there for many years, Port Lavaca,
and Rockport, Aransas pass, Mansfield.

You know when coming in from offshore you have the right port because
the jetties look just like a wine bottle on radar ;0). Once I had a
deckhead get all his fingers chopped off...sucked into a turbo. Had to
run him into Port O'Conner for a waiting Medical helo.

He started going into shock about the time I hit the jetties. Lucky we
had a high tide because I ran the flats directly from the jetties to
the Port O'Conner ICW breakwaters. I only had 4 ft of water under a
140 ft boat that drew 7.5 ft sitting still. At night.

Joe

Boat insurance in the Gulf States
 

Joe wrote:
You in Port O'Conner Don?

No, but close. We're in Palacios up on the
northern side of the bay right beside the
shipyard. We drive in to Port Lavaca for
breakfast a lot of Saturdays.

Nice place..Worked crewboats out of there for many years, Port Lavaca,
and Rockport, Aransas pass, Mansfield.

You know when coming in from offshore you have the right port because
the jetties look just like a wine bottle on radar ;0). Once I had a
deckhead get all his fingers chopped off...sucked into a turbo. Had to
run him into Port O'Conner for a waiting Medical helo.

He started going into shock about the time I hit the jetties. Lucky we
had a high tide because I ran the flats directly from the jetties to
the Port O'Conner ICW breakwaters. I only had 4 ft of water under a
140 ft boat that drew 7.5 ft sitting still. At night.

Now that takes good local knowledge ;-) The
lowest reading I see on the chart anywhere along
that path is 7', but there are a couple of 8'
places too. Would've been pretty easy to get stuck.


Joe

Don W.

Boat insurance in the Gulf States
 

On Jun 7, 2:35 pm, Don W wrote:
Joe wrote:
You in Port O'Conner Don?

No, but close. We're in Palacios up on the
northern side of the bay right beside the
shipyard. We drive in to Port Lavaca for
breakfast a lot of Saturdays.

Nice place..Worked crewboats out of there for many years, Port Lavaca,
and Rockport, Aransas pass, Mansfield.

You know when coming in from offshore you have the right port because
the jetties look just like a wine bottle on radar ;0). Once I had a
deckhead get all his fingers chopped off...sucked into a turbo. Had to
run him into Port O'Conner for a waiting Medical helo.

He started going into shock about the time I hit the jetties. Lucky we
had a high tide because I ran the flats directly from the jetties to
the Port O'Conner ICW breakwaters. I only had 4 ft of water under a
140 ft boat that drew 7.5 ft sitting still. At night.

Now that takes good local knowledge ;-) The
lowest reading I see on the chart anywhere along
that path is 7', but there are a couple of 8'
places too. Would've been pretty easy to get stuck.



Joe

Don W.

There were a couple 55-60 ft boats working Port O'Cconner that would
cut the corner all the time. I knew it could be done, just glad we did
not fall off plane. Until that day it was never worth the risk to
shave off 15-20 min running time.

Last harvest moon regetta we sailed we stopped in Port O'Conner and
meet a fishing guide coming in from the west with a boat load of Red's
and Specks he caught just your side of rattlesnake island. Also meet
an interesting local there called the Joker. I noted in my logs this
quote from the Joker "My neighbors cat was 17 when I shot it" ...

Joe

Boat insurance in the Gulf States
 

Molesworth, my Krogen is 21 yrs. old.

I'm about to head S toward Port O'Connor and on to Port Aransas and
Corpus. We were supposed to leave yesterday but the compressor is
going out on my cold plate reefer. Should be fixed this afternoon if
he can get a new one. If not... departing next week. Plan on stopping
at Port O'Connor and taking in some of that good seafood, and maybe a
trip up to Serendipity resort in Palacios. Look for a Krogen 42
"Anastasia III" between next week and the end of the month. We'll be
in Corpus on the 21st. for sure, since I have one crew member that has
to catch a plane out of there that day.

BTW, I think I've set the SOG record for a Krogen at the entrance to
Port O'Conner. Leaving on an outgoing tide, we were up to about 14
knots on a 7 knot boat. I'd sure hate to be trying to come IN with
that kind of outflow!

Boat insurance in the Gulf States
 

Keith wrote:
Molesworth, my Krogen is 21 yrs. old.

I'm about to head S toward Port O'Connor and on to Port Aransas and
Corpus. We were supposed to leave yesterday but the compressor is
going out on my cold plate reefer. Should be fixed this afternoon if
he can get a new one. If not... departing next week. Plan on stopping
at Port O'Connor and taking in some of that good seafood, and maybe a
trip up to Serendipity resort in Palacios. Look for a Krogen 42
"Anastasia III" between next week and the end of the month. We'll be
in Corpus on the 21st. for sure, since I have one crew member that has
to catch a plane out of there that day.

BTW, I think I've set the SOG record for a Krogen at the entrance to
Port O'Conner. Leaving on an outgoing tide, we were up to about 14
knots on a 7 knot boat. I'd sure hate to be trying to come IN with
that kind of outflow!


Hi Keith,

Are you coming down the intercoastal, or going
outside? If you come up to Serendipity, you'll
probably be tied up within a slip or two of us
since we are out on the end by the large transient
slips. Come by and say hi. We will for sure be
there this weekend if you make it down by then.

We'll keep an eye out for Anastasia. She is the
same age as our Irwin 38.

If it turns out you are shorthanded for the trip,
let me know and I might be able to make part of it
with you.

Don W.

Boat insurance in the Gulf States
 

In article .com,
Keith wrote:

Molesworth, my Krogen is 21 yrs. old.

Hmmm, this is weird!

Maybe it's because I'm in Louisiana? (Wrong Zip?)

I have tried at least 6 different insurers, with a variation of 'over 10
yrs'. 'over 30/35', 'we have ceased offering cover (no market) in the
Gulf.' to decline coverage.

Oh, well,

As we are off to the Carib in November, I guess we'll be 'self-insured'!

Molesworth

Boat insurance in the Gulf States
 

Try these guys: http://www.imiscorp.net/ They're an independent
broker, and look at all kinds of companies. My current policy is with
Markel through IMIS.