[Question] Where do I get insurance
+ Reply to Thread
Results 1 to 10 of 10

Thread:
Where do I get insurance

  1. #1
    Junior Member
    Join Date
    Aug 2014
    Posts
    16

    Exclamation Where do I get insurance

    Just purchased a 75 Sanger Superjet and I cant find any company that will insure it because its a "performance boat". I've tried Hagerty, Strickland, Shelter, and Progressive so far. My shelter insurance agent has few other contacts that refused to insure the thing. So now what? In AR I'm required to carry 50,000 per incident liability insurance to register. Anybody have any ideas?

  2. Remove Advertisements
    PerformanceBoats.com
    Advertisements
     

  3. #2
    Boat Nut sleekcrafter's Avatar
    Join Date
    Dec 2007
    Location
    South Elgin, Il.
    Posts
    5,131

    Default

    Try Progressive insurance, I have an agreed value policy....
    Upper Midwest Power Boat Association
    DRAG BOAT RACING UMPBA #926


  4. #3
    Junior Member
    Join Date
    Aug 2014
    Posts
    16

    Default

    Progressive denied coverage bc it has an exposed motor. Somebody else told me if I call them and explain it is factory restored they would cover it, but I haven't had the chance to call them back yet.

  5. Remove Advertisements
    PerformanceBoats.com
    Advertisements
     

  6. #4
    Junior Member
    Join Date
    Aug 2014
    Posts
    16

    Default

    Ok just called progressive and spoke to an agent, they will not insure it. I could lie and say the motor is covered but then any claim would be denied and suits would come out of my pocket, what would be the point.

  7. #5
    Registered Parker Allstar SFV2RVR's Avatar
    Join Date
    Dec 2007
    Location
    SFV/PARKER
    Posts
    635

    Default

    Try Nick Rose insurance. He's a farmers agent and he insures my 1979 Schiada with a 900+ Hp Twin Turbo in it!
    (661) 253-1131

  8. #6
    Boat Nut sleekcrafter's Avatar
    Join Date
    Dec 2007
    Location
    South Elgin, Il.
    Posts
    5,131

    Default

    Farmers would not cover mine, so they shopped the insurance and found progressive to take on the policy. I was a 20 year Farmers customer, so progressive agreed based on that. I would love to have it under AAA but, they won't touch it either.
    Upper Midwest Power Boat Association
    DRAG BOAT RACING UMPBA #926


  9. #7
    Junior Member
    Join Date
    Aug 2014
    Posts
    16

    Default

    Still haven't found anybody who will insure my boat. It's been rejected for horsepower, exposed motor, and drag boat. It's a 75 Sanger with a 455 olds that's basically stock. I'm guessing g right around 400hp/55mph, through transom exhaust with logs. I thing drag boat is far fetched!! I have noticed that most company's list it as a hydro. I've tried to tell them runabout. Also most don't seem to recognize super jet as a model, but they do bubble jet. I'm pretty sure both circle hulls and super jets came with the bubble deck. Frustrating!!

  10. #8
    Registered Parker Allstar SFV2RVR's Avatar
    Join Date
    Dec 2007
    Location
    SFV/PARKER
    Posts
    635

    Default

    Quote Originally Posted by jarguess View Post
    Still haven't found anybody who will insure my boat. It's been rejected for horsepower, exposed motor, and drag boat. It's a 75 Sanger with a 455 olds that's basically stock. I'm guessing g right around 400hp/55mph, through transom exhaust with logs. I thing drag boat is far fetched!! I have noticed that most company's list it as a hydro. I've tried to tell them runabout. Also most don't seem to recognize super jet as a model, but they do bubble jet. I'm pretty sure both circle hulls and super jets came with the bubble deck. Frustrating!!
    Nick Rose insurance said they won't insure it?

  11. #9
    Junior Member
    Join Date
    Aug 2014
    Posts
    16

    Default

    I'm in AR so nick couldn't write a policy for me, but he did have valuable information. State Farm will cover the boat and formost would underwrite the policy. I spoke with my Shelter agent and he created an account with formost so I got a policy through him since he already does my house and cars.

  12. #10
    Junior Member
    Join Date
    Aug 2014
    Posts
    16

    Default

    SOLVED! Thank you everybody for the help!

+ Reply to Thread

Quick Reply Quick Reply

Register Now

Please enter the name by which you would like to log-in and be known on this site.

Please enter a password for your user account. Note that passwords are case-sensitive.

Please enter a valid email address for yourself.

Please select your insurance company (Optional)

Log-in

Tags for this Thread

Digg This Thread

Posting Permissions

  • You may post new threads
  • You may post replies
  • You may not post attachments
  • You may not edit your posts
  •  
 

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95