Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 10-07-2016, 14:45   #1
Registered User
 
Blueskys3434's Avatar

Join Date: Dec 2013
Location: in the south
Boat: Plas trend 40
Posts: 3
Insurance for an old boat

i have just acquired a Beautiful sail boat a Plas trend 40 built in 1967 and so far i have been unable to find anyone to insure her for liability, so i can move her to a different marina, to start getting work done on her to restore her to her former glory and to use her for the wounded warrior project.
Yet for absolutely no reason these stupid insurance companies will not insure her because of her age yet she is a very sturdy boat with fiberglass almost 2inches thick.
I am on a limited budget.
Does anyone have any ideas?
__________________

__________________
Blueskys3434 is offline   Reply With Quote
Old 11-07-2016, 04:29   #2
vjm
Registered User

Join Date: Apr 2009
Location: Florida
Posts: 313
Re: Insurance for an old boat

Try Geico. They insured my 1977 boat for liability only in about 5 minutes.
__________________

__________________
vjm is offline   Reply With Quote
Old 11-07-2016, 04:50   #3
Registered User
 
SVTatia's Avatar

Join Date: Jul 2007
Location: Toronto, Canada
Boat: Luders 33 - hull 23
Posts: 772
Re: Insurance for an old boat

Get it surveyed, the only way the insurers know its state and value.
I also have a 1967 boat and no insurance company would even quote me without a survey, once it was done, no problems at all.
__________________
SVTatia is offline   Reply With Quote
Old 11-07-2016, 05:24   #4
Registered User

Join Date: Oct 2009
Posts: 608
Re: Insurance for an old boat

Is a survey needed for liability only? And does GEICO insure "large" boats in the 40 foot and above category?
__________________
lancelot9898 is offline   Reply With Quote
Old 11-07-2016, 05:32   #5
Registered User

Join Date: May 2014
Boat: Morgan Out Island 41
Posts: 649
Images: 2
Re: Insurance for an old boat

Quote:
Originally Posted by lancelot9898 View Post
Is a survey needed for liability only? And does GEICO insure "large" boats in the 40 foot and above category?
A survey is NOT needed for liability only insurance. Try Progressive. They insured my Morgan Out Island 41 for liability only. inexpensive too. their only condition is was the boat seaworthy! I took that to mean will it float!
__________________
pcmm is offline   Reply With Quote
Old 11-07-2016, 07:20   #6
Registered User
 
thomm225's Avatar

Join Date: Aug 2011
Location: Hampton Roads
Boat: 1974 Bristol 27
Posts: 3,097
Re: Insurance for an old boat

Quote:
Originally Posted by pcmm View Post
A survey is NOT needed for liability only insurance. Try Progressive. They insured my Morgan Out Island 41 for liability only. inexpensive too. their only condition is was the boat seaworthy! I took that to mean will it float!
Right!

My boat has never been surveyed. It's a 1974 Bristol 27 and I have $500,000 liability on it (required by the marina) through State Farm for less than $10.00/month
__________________
thomm225 is offline   Reply With Quote
Old 11-07-2016, 07:53   #7
Registered User
 
Garymadhatter's Avatar

Join Date: Aug 2015
Location: Chicago Area
Boat: O'Day 30
Posts: 36
Re: Insurance for an old boat

Geico has the lowest rates that I've found and does not require a survey for an old boat but does want pictures. Good luck.
__________________
Garymadhatter is offline   Reply With Quote
Old 11-07-2016, 08:18   #8
Registered User

Join Date: Feb 2010
Location: East shore Mobile Bay AL
Boat: ODAY 28
Posts: 284
Re: Insurance for an old boat

try Progressive Insurance
__________________
boeing1 is offline   Reply With Quote
Old 11-07-2016, 08:22   #9
bmz
Registered User

Join Date: Sep 2014
Location: Annapolis, MD
Boat: Irwin Citation 34
Posts: 92
Re: Insurance for an old boat

Why do you need liability insurance just to take her from one marina to another? I've owned sailboats for over 50 years and never had a liability claim. 99% of the time, powerboats cause accidents, not sailboats.
__________________
bmz is offline   Reply With Quote
Old 11-07-2016, 08:25   #10
Registered User

Join Date: Oct 2015
Location: Grimsby, Yorkshire, England
Boat: 1978 Eurobanker 34 Flybridge
Posts: 27
Re: Insurance for an old boat

Hi, in Britain we can get 3rd party cover (Liability) just by giving the boat details since your own boat is not covered. I have just renewed mine, 72 around $90 a year for 3million ($3.75million) cover. This is standard here.
__________________
skiggy is offline   Reply With Quote
Old 11-07-2016, 08:26   #11
Senior Cruiser
 
FSMike's Avatar

Cruisers Forum Supporter

Join Date: Aug 2009
Location: Bahamas/Florida
Boat: Solaris Sunstar 36' catamaran
Posts: 2,650
Images: 5
Re: Insurance for an old boat

Quote:
Originally Posted by bmz View Post
Why do you need liability insurance just to take her from one marina to another? I've owned sailboats for over 50 years and never had a liability claim. 99% of the time, powerboats cause accidents, not sailboats.
Most likely because the marina he wants to move to, like many others, will not accept boats without liability insurance.
__________________
Sail Fast Live Slow
FSMike is offline   Reply With Quote
Old 11-07-2016, 08:27   #12
Registered User

Join Date: Sep 2014
Posts: 362
Re: Insurance for an old boat

suggest you contact boat us gieco. get a survey on the boat generally condition NOW tell the surveyor that you want port risk insurance., that will get you started.


after you have completed restoration get another survey with ACV, an agreed value policy


a survey report before and after is the only way you going to get insurance, in my opinion
__________________
bsurvey is offline   Reply With Quote
Old 11-07-2016, 08:29   #13
Registered User
 
KadeyKrogen38's Avatar

Join Date: Dec 2014
Location: Clear Lake, TX
Boat: Kadey Krogen 38
Posts: 69
Images: 1
Re: Insurance for an old boat

Hello, I was one of the crew that helped mold your hull and deck and construct her. Originally built for Wally Keller and was called the " Amour Azule". I did the first launching of her on Eagle Mointain lake in Ft Worth off of a trailer on a public boat ramp. There are 1" rebars imbedded along the hull centerline.

She is a knock off of an aluminum boat Ted Turner raced in the SORC and I believe won with.

I raced on her to Cosumel in 1972.
__________________
KadeyKrogen38 is offline   Reply With Quote
Old 11-07-2016, 08:29   #14
Registered User

Join Date: Aug 2013
Location: Saint Lucie county FLa
Boat: 35' Pearson sloop
Posts: 328
Re: Insurance for an old boat

Quote:
Originally Posted by Blueskys3434 View Post
i have just acquired a Beautiful sail boat a Plas trend 40 built in 1967 and so far i have been unable to find anyone to insure her for liability, so i can move her to a different marina, to start getting work done on her to restore her to her former glory and to use her for the wounded warrior project.
Yet for absolutely no reason these stupid insurance companies will not insure her because of her age yet she is a very sturdy boat with fiberglass almost 2inches thick.
I am on a limited budget.
Does anyone have any ideas?
I have a 1972 Pearson 35, insured for the full spectrum including liability and got it from Progressive Ins. We have used them for all of our insurance needs so that may be a factor. Give them a try at 1 855-758-0943, can't hurt to try! Oh by the way, no survey was required.
__________________
lesterbutch is offline   Reply With Quote
Old 11-07-2016, 08:31   #15
Registered User

Join Date: Oct 2015
Location: Grimsby, Yorkshire, England
Boat: 1978 Eurobanker 34 Flybridge
Posts: 27
Re: Insurance for an old boat

@BMZ. All marinas in Britain say you have to have at least 3rd Party (Liability) cover. I would imagine it is pretty much the same in the USA.
__________________

__________________
skiggy is offline   Reply With Quote
Reply

Tags
insurance

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
Buy a "new" old boat or an "old" old boat?? jimp1234 General Sailing Forum 29 08-01-2016 01:12
Old steel boat insurance options rfrankb4 General Sailing Forum 6 16-06-2015 10:05
Insurance for an older, good old boat. Jolly Roger General Sailing Forum 8 27-02-2015 09:25
Blue Water Insurance + Med Insurance Trish Affleck Rules of the Road, Regulations & Red Tape 1 01-04-2013 00:28
Old Wooden Boat Insurance Ben M-P Dollars & Cents 3 06-11-2010 18:21


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- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 21:20.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.