Older boat insurance - Help!

[Jolly Roger]

I’ve just learned that my UK Lloyd's insurance has decided to delete the named storms provision - within three days of renewal! This is from the famous Lloyd's of London, who are maybe not quite so straight as their reputation once was. They’ve obviously been clobbered by last years claims, but not from me. I’ve had it for four years and on full no-claims discount.
Having a boat in Florida, (or anywhere up the eastern seaboard for that matter), without proper hurricane insurance is a waste of money in my opinion, so I need another insurance in a hurry.
Can anyone recommend a good company who insure older boats, circa 1977?

[Glenn.Brooks]

Start with Progressive. They have always been accommodating with my insurance needs. Although my experience is three or so years out of date

[Jolly Roger]

Thanks for the quick reply Glenn. They don't take boats older than 1985 now.

[GordMay]

Many insurance underwriters will require a survey on "older" boats.

Check with a “Broker” representing numerous underwriters:

International Marine Insurance Services (IMIS) ➥ IMIS Home Page ~ International Marine Insurance Services

International Waters Insurance Services ➥ Home

[wayne.b]

Originally Posted by GordMay

Many insurance underwriters will require a survey on "older" boats.

Check with a “Broker” representing numerous underwriters:

International Marine Insurance Services (IMIS) ➥ IMIS Home Page ~ International Marine Insurance Services

International Waters Insurance Services ➥ Home

===

Yes, good advice. That's what I did and they were very helpful.

[fatherchronica]

Geico bought or absorbed the insurance company we were with a couple years ago and continued taking our money. Our boat is 44 years old. We did provide a survey when we originally got the insurance

[Clivevon]

Try Pantaenius Group

The Companies

Their UK firm hasnt raised any quibbles about insuring my 1981 boat & I have found them very approachable & helpful. I understand they also have offices in USA.

[Scout 30]

Probably goes without saying but Boat US is kind of a bench mark although since Geico took over the rates have gone up.

[normanm]

Have been Progressive via an agent for 4 years, my boat is a 1976

[redhead]

We've had good luck with Markel - our boat is 1981. We have a current survey.

[406Columbia]

I purchases a BOAT US product which is actually a GEICO policy. Have used GEICO for insurance for almost a decade and have always been happy. Have five vehicles, well did until recently and we used Progressive for a couple but are now entirely back to GEICO.

Our boat is a 1962 Columbia 29 and they covered us without issue. We did however complete a DIY survey that requests a few photos, but nothing too bad. They are very accommodating and had good prices, although I hear it was cheaper a few years ago. Over all very pleased with the service Boat US provides and the prices, feel its a good value for our old classic.

[CREX]

I've always found National Marine Underwriters was the best policy hands down. My boat was almost 30 years old and it just took a survey. Literally half the price I was quoted from boat US, progressive, geico. Always get several quotes.

Another great one is Markel. I dropped my aarp ins and went with Markel because they were 45% less and way better coverage. This is on my 1 of 100 built motorcycle but they do all sporting stuff. Their policy reduced price and gave a lot more. From the 50-100-50 to 100-300-100k and $5000 accidental death burial if killed on bike. Again at almost half less than aarp. I would check with both of these carriers. Hard to say anything good about Ins co. but these 2 were treating me good. Good luck brother...

[jjt5795]

Old boats and insurance can be challenging. I have my 1973 Columbia 45 insured with Progressive through Atlass Insurance Group and couldn't be happier. Fair coverage and good rates.

[bourque]

I have a 1954 Penn Yan Swift insured with AIG through
Grunder Worldwide - Classic Boat
400 Horsham Road
Suite 150
Horsham PA, USA
Phone 866-338-4006

Give them a try.

[wrwakefield]

We insure our USCG documented 1983 ketch with Al Golden at IMIS. Highly recommended.

A broker can typically find you coverage, and represents you instead of an insurance company...

We have been consistently underwritten with Markel through an IMIS Jackline Policy.

Here is a brief overview of our boat insurance coverage preferences [and what to be aware of when buying insurance] if that is of interest.

Best wishes finding what works best for you.

Cheers! Bill