To sea trial/haul or not -update
 

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.

To sea trial/haul or not -update
 

"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? :-)

To sea trial/haul or not -update
 

"Short Wave Sportfishing" wrote in message
...


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.


The only claim we've ever made to an insurance company was for a replacement
windshield.

I often have thought that if we could have invested the money spent on
insurance premiums over the many years, we could start our own insurance
company.

Eisboch

To sea trial/haul or not -update
 

To sea trial/haul or not -update
 

"Eisboch" wrote in message
...

"Calif Bill" wrote in message
...

"Eisboch" wrote in message
...

"Dave Hall" wrote in message
...

Wow, I have never had a boat surveyed and have never had any problem
getting insurance. Of course my boats are more along the line above
(one was worth about $4,000, another about $6,000. Both were 19 ft
cuddys). One boat was totaled in Ivan less than a couple months after
buying it and the insurance company didn't bat an eye paying for it.
Of course I think they paid more to have the damn thing drug out of
the woods along a desolate part of the river bank and hauled out of
the river to a junk yard than they paid me for the boat ;-)

Dave Hall


Both of our boats (the Navigator and the Grand Banks) are insured by a
major, international marine underwriter.
A survey was not required for either boat to get insurance as best as I
can recall. We may have sent copies anyway, to document the boats'
equipment inventories and to provide engine serial numbers and stuff,
but I don't recall a survey as being specifically required to obtain
coverage. The coverage includes replacement cost, $2 million liability,
damage by uninsured others, fuel spill and, surprisingly, storm and or
ice damage during storage (assuming certain precautions are taken).
They also cover half the cost of emergency hauling in the event of
severe storms, which I didn't know until I read the policy carefully the
other day.

Years ago with smaller boats I originally got "insurance" as a low cost
rider on our home owner's policy.
Then I found out it covers next to nothing, including fuel spills, which
scared the bananas out of me. You don't want to be uninsured for fuel
spills, have an "event" and then have the Fed coming after you for
reimbursement.

Eisboch



And if you have a small cheaper boat, you probably only get liability
insurance, and since the company is not paying for boat loss, probably no
survey needed. My boat cost $20k in 1995 and is probably worth $25k now.
New motor and a T-8 kicker added. And the replacement boats like mine
are now $50-75k. BoatUS has never asked for a survey.

Seems like I remember BoatUS requiring a "self-survey" to obtain their
insurance. Basically a form you filled out.

Eisboch


Do not remember doing that. But I have a high end aluminum jetboat, so
they may accept those as is. Do not go down much in value. Fact with
aluminum going up in price, the boats increase in value.

To sea trial/haul or not -update
 

"Eisboch" wrote in message
...

"Short Wave Sportfishing" wrote in message
...


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.


The only claim we've ever made to an insurance company was for a
replacement windshield.

I often have thought that if we could have invested the money spent on
insurance premiums over the many years, we could start our own insurance
company.

Eisboch


You are lucky. I have had a couple of claims. Windshield included. Failed
toilet on the 2nd floor, causing a flood and a failed chimney roof fire.

To sea trial/haul or not -update
 

"John H." wrote in message
...
On Wed, 19 Dec 2007 17:53:23 -0800, "Calif Bill"

wrote:


"Eisboch" wrote in message
...

"Dave Hall" wrote in message
...

Wow, I have never had a boat surveyed and have never had any problem
getting insurance. Of course my boats are more along the line above
(one was worth about $4,000, another about $6,000. Both were 19 ft
cuddys). One boat was totaled in Ivan less than a couple months after
buying it and the insurance company didn't bat an eye paying for it.
Of course I think they paid more to have the damn thing drug out of
the woods along a desolate part of the river bank and hauled out of
the river to a junk yard than they paid me for the boat ;-)

Dave Hall


Both of our boats (the Navigator and the Grand Banks) are insured by a
major, international marine underwriter.
A survey was not required for either boat to get insurance as best as I
can recall. We may have sent copies anyway, to document the boats'
equipment inventories and to provide engine serial numbers and stuff,
but
I don't recall a survey as being specifically required to obtain
coverage.
The coverage includes replacement cost, $2 million liability, damage by
uninsured others, fuel spill and, surprisingly, storm and or ice damage
during storage (assuming certain precautions are taken). They also
cover
half the cost of emergency hauling in the event of severe storms, which
I
didn't know until I read the policy carefully the other day.

Years ago with smaller boats I originally got "insurance" as a low cost
rider on our home owner's policy.
Then I found out it covers next to nothing, including fuel spills, which
scared the bananas out of me. You don't want to be uninsured for fuel
spills, have an "event" and then have the Fed coming after you for
reimbursement.

Eisboch



And if you have a small cheaper boat, you probably only get liability
insurance, and since the company is not paying for boat loss, probably no
survey needed. My boat cost $20k in 1995 and is probably worth $25k now.
New motor and a T-8 kicker added. And the replacement boats like mine are
now $50-75k. BoatUS has never asked for a survey.


I had my Proline covered for boat loss, but no survey was required.
--
John H

Was a new boat.

To sea trial/haul or not -update
 

On Thu, 20 Dec 2007 16:25:32 -0800, "Calif Bill"
wrote:


"John H." wrote in message
.. .
On Wed, 19 Dec 2007 17:53:23 -0800, "Calif Bill"

wrote:


"Eisboch" wrote in message
...

"Dave Hall" wrote in message
...

Wow, I have never had a boat surveyed and have never had any problem
getting insurance. Of course my boats are more along the line above
(one was worth about $4,000, another about $6,000. Both were 19 ft
cuddys). One boat was totaled in Ivan less than a couple months after
buying it and the insurance company didn't bat an eye paying for it.
Of course I think they paid more to have the damn thing drug out of
the woods along a desolate part of the river bank and hauled out of
the river to a junk yard than they paid me for the boat ;-)

Dave Hall


Both of our boats (the Navigator and the Grand Banks) are insured by a
major, international marine underwriter.
A survey was not required for either boat to get insurance as best as I
can recall. We may have sent copies anyway, to document the boats'
equipment inventories and to provide engine serial numbers and stuff,
but
I don't recall a survey as being specifically required to obtain
coverage.
The coverage includes replacement cost, $2 million liability, damage by
uninsured others, fuel spill and, surprisingly, storm and or ice damage
during storage (assuming certain precautions are taken). They also
cover
half the cost of emergency hauling in the event of severe storms, which
I
didn't know until I read the policy carefully the other day.

Years ago with smaller boats I originally got "insurance" as a low cost
rider on our home owner's policy.
Then I found out it covers next to nothing, including fuel spills, which
scared the bananas out of me. You don't want to be uninsured for fuel
spills, have an "event" and then have the Fed coming after you for
reimbursement.

Eisboch



And if you have a small cheaper boat, you probably only get liability
insurance, and since the company is not paying for boat loss, probably no
survey needed. My boat cost $20k in 1995 and is probably worth $25k now.
New motor and a T-8 kicker added. And the replacement boats like mine are
now $50-75k. BoatUS has never asked for a survey.


I had my Proline covered for boat loss, but no survey was required.
--
John H

Was a new boat.


No, was two years old when I bought it.
--
John H

To sea trial/haul or not -update
 

On Dec 20, 7:25*pm, "Calif Bill" wrote:
"John H." wrote in message

...





On Wed, 19 Dec 2007 17:53:23 -0800, "Calif Bill"

wrote:

"Eisboch" wrote in message
...

"Dave Hall" wrote in message
...

Wow, I have never had a boat surveyed and have never had any problem
getting insurance. Of course my boats are more along the line above
(one was worth about $4,000, another about $6,000. Both were 19 ft
cuddys). One boat was totaled in Ivan less than a couple months after
buying it and the insurance company didn't bat an eye paying for it.
Of course I think they paid more to have the damn thing drug out of
the woods along a desolate part of the river bank and hauled out of
the river to a junk yard than they paid me for the boat ;-)

Dave Hall

Both of our boats (the Navigator and the Grand Banks) are insured by a
major, international marine underwriter.
A survey was not required for either boat to get insurance as best as I
can recall. *We may have sent copies anyway, to document the boats'
equipment inventories and to provide engine serial numbers and stuff,
but
I don't recall a survey as being specifically required to obtain
coverage.
The coverage includes replacement cost, $2 million liability, damage by
uninsured others, fuel spill and, surprisingly, storm and or ice damage
during storage (assuming certain precautions are taken). *They also
cover
half the cost of emergency hauling in the event of severe storms, which
I
didn't know until I read the policy carefully the other day.

Years ago with smaller boats I originally got "insurance" as a low cost
rider on our home owner's policy.
Then I found out it covers next to nothing, including fuel spills, which
scared the bananas out of me. *You don't want to be uninsured for fuel
spills, have an "event" and then have the Fed coming after you for
reimbursement.

Eisboch

And if you have a small cheaper boat, you probably only get liability
insurance, and since the company is not paying for boat loss, probably no
survey needed. *My boat cost $20k in 1995 and is probably worth $25k now.
New motor and a T-8 kicker added. *And the replacement boats like mine are
now $50-75k. *BoatUS has never asked for a survey.

I had my Proline covered for boat loss, but no survey was required.
--
John H

Was a new boat.- Hide quoted text -

- Show quoted text -

Wrong again! Damn this is fun!

To sea trial/haul or not -update
 

On Dec 20, 7:20*pm, "Calif Bill" wrote:
"Eisboch" wrote in message

...







"Calif Bill" wrote in message
...

"Eisboch" wrote in message
...

"Dave Hall" wrote in message
...

Wow, I have never had a boat surveyed and have never had any problem
getting insurance. Of course my boats are more along the line above
(one was worth about $4,000, another about $6,000. Both were 19 ft
cuddys). One boat was totaled in Ivan less than a couple months after
buying it and the insurance company didn't bat an eye paying for it.
Of course I think they paid more to have the damn thing drug out of
the woods along a desolate part of the river bank and hauled out of
the river to a junk yard than they paid me for the boat ;-)

Dave Hall

Both of our boats (the Navigator and the Grand Banks) are insured by a
major, international marine underwriter.
A survey was not required for either boat to get insurance as best as I
can recall. *We may have sent copies anyway, to document the boats'
equipment inventories and to provide engine serial numbers and stuff,
but I don't recall a survey as being specifically required to obtain
coverage. The coverage includes replacement cost, $2 million liability,
damage by uninsured others, fuel spill and, surprisingly, storm and or
ice damage during storage (assuming certain precautions are taken).
They also cover half the cost of emergency hauling in the event of
severe storms, which I didn't know until I read the policy carefully the
other day.

Years ago with smaller boats I originally got "insurance" as a low cost
rider on our home owner's policy.
Then I found out it covers next to nothing, including fuel spills, which
scared the bananas out of me. *You don't want to be uninsured for fuel
spills, have an "event" and then have the Fed coming after you for
reimbursement.

Eisboch

And if you have a small cheaper boat, you probably only get liability
insurance, and since the company is not paying for boat loss, probably no
survey needed. *My boat cost $20k in 1995 and is probably worth $25k now.
New motor and a T-8 kicker added. *And the replacement boats like mine
are now $50-75k. *BoatUS has never asked for a survey.

Seems like I remember BoatUS requiring a "self-survey" to obtain their
insurance. *Basically a form you filled out.

Eisboch

Do not remember doing that. * But I have a high end aluminum jetboat, so
they may accept those as is. *Do not go down much in value. *Fact with
aluminum going up in price, the boats increase in value.- Hide quoted text -

- Show quoted text -

Yeah, sure Bill. You can scrap your boat out for what you paid for it.
We believe you.