Cruisers Forum

Join CruisersForum Today

Thread Tools Rate Thread Display Modes
Old 08-12-2013, 14:25   #16
Marine Service Provider

Join Date: Dec 2009
Location: St Augustine, FL
Boat: Woods Vardo 34 Cat
Posts: 2,576
Re: Boat US, Liability Only?

A recent issue of their magazine talked about liability only coverage which surprised me. I was not sure they offered it. The issue with liability is wreck removal. So basically most companies want to be sure your boat is sound and won't sink and most will require a survey for wreck removal.

I had progressive for a few year liability only, but they were having problems with boats sinking they had insured and marine operators after them. They are a big company so can handle it, but I believe their liability only rates have gone up by like 4x in last few years. I had been paying $100 a year for $300,000 in coverage and $10,000 medical payments.

My next boat is "on paper" 25'8" to fall under my homeowners. If i hit something hard enough to do serious damage their won't be much left to measure.

Check out my blog:
Boatguy30 is online now   Reply With Quote
Old 19-12-2013, 16:44   #17
Registered User
Vino the Dog's Avatar

Join Date: Jan 2013
Location: Florence, Oregon
Boat: CT-41
Posts: 242
Re: Boat US, Liability Only?

NO insurance company wants to pay and they ALL will back out if there is any chance. The whole insurance game is to get as much as you can and give out as little as possible. Many will not pay out regardless unless they are sued. An industry engineered, defended, and protected by lawyers. What do you expect?

Steve VR & Aleutia the Dog
SV Mystique, CT-41, Florence, Oregon
Web page - Mystique Blog
Vino the Dog is offline   Reply With Quote
Old 20-12-2013, 01:00   #18
Registered User
Dulcesuenos's Avatar

Join Date: Dec 2010
Location: Florida Keys, Bahamas Bound
Boat: 38' French Cat
Posts: 2,658
Images: 4
Boat US stinks, they wanted $1100 to cover our 15' whaler, progressive for exactly same coverage was $150. A quote on our new cat was 5700 year and for same coverage with pantanius was 2900 and novarmarine 2200. All same levels of coverage yet Nova had lowest deductible. Boat us was only competitive if I left fl during hurricane season which is dumb as havent more boats been destroyed in the NE and Tx/ La than Florida in the last 20 years from hurricanes?
Boatguy does your ho policy offshore or in other countries?

Dulcesuenos is offline   Reply With Quote

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Liability-Only Insurance defever Dollars & Cents 6 02-02-2010 09:35
Liability Insurance TritonSailor Dollars & Cents 62 30-08-2009 20:50
Mex Liability Ins on the Web? svmariane Dollars & Cents 6 10-03-2009 21:16
Things to Know before chartering - Financial/Liability doconner Boat Ownership & Making a Living 4 04-09-2007 11:20
Liability insurance sneuman Dollars & Cents 18 09-10-2005 03:17

Our Communities

Our communities encompass many different hobbies and interests, but each one is built on friendly, intelligent membership.

» More about our Communities

Automotive Communities

Our Automotive communities encompass many different makes and models. From U.S. domestics to European Saloons.

» More about our Automotive Communities

Marine Communities

Our Marine websites focus on Cruising and Sailing Vessels, including forums and the largest cruising Wiki project on the web today.

» More about our Marine Communities

Copyright 2002-2015 Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 16:45.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.