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Highaboosta
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3,431 Posts
I've been able to use "my fault" insurance :)bulb

There are many who THINK they have insurance but if it came right down to a claim they would have nothing.
During one of the many insurance discussions on Hotboat.com an insurance claim adjuster posted what I believe to be the most realistic scenario yet.
He said in the event of a claim the first order of business for the insurance company is to see how they can avoid paying the claim.
If someone put down that their boats top speed was 60 and the adjuster questioned it, they would bring in an expert to tell them what the boats actual top speed would be. If what was represented was not accurate, all premiums would be refunded and the company would wash their hands of the whole policy.
Same thing for the engine HP. If someone said it was 330 hp and it looked like the HP had been increased at all, no policy.

Then someone can sue the insurance company and try to get them to pay with inaccurate original information on the policy.
 

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Inland Empire-Big River
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807 Posts
Who do you guys with 21 tunnels use for insurance? Appreciate any info.

You don't !! It really comes down to what Unchained described above. Let us know if you hear differently though
 

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Premium Member
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5,488 Posts
Unchained hit the nail on the head!
Plus because my 21 is too old (1983) or has OT headers no one would insure it. I've been quoted this >" sorry, it's on our list of boats we don't insure". And that includes just trying to insure it while it's sitting behind my home!
 

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79 Sanger Picklefork
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857 Posts
I have my Sanger Picklefork attached as a rider to my homeowners insurance. Its liability only and costs me $35.00 a year...
 

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79 Sanger Picklefork
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857 Posts
I have my Sanger Picklefork attached as a rider to my homeowners insurance. Its liability only and costs me $35.00 a year...
My mistake..covers everthing except if it sinks, I crash it, or someone steals it..
 

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Registered
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288 Posts
Um so what DOES it cover..........:D
all it covers in my eyes is that they took you for 35 bucks.:)st:)st
maybe some day a company will step up and help us jetters out but i doubt it for there just isnt enough boats to cover.
 

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79 Sanger Picklefork
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857 Posts
If I sink the boat..no coverage..it's too old unless you pay a fortune, if I damage another persons property or boat, I'm covered, if I injure another person in my boat or someone elses, I'm covered..call your homeowners agent and ask about adding it to your policy. You might be surprised. I could pay additional money, if I wanted full coverage on the boat if it sinks..also it is covered if it catches fire. I was wrong about the theft..it is covered..
 

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Premium Member
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4,704 Posts
Oldelmn8tr I just got insurance from Devin Wozencraft. I told him the absolute truth about the Liberator. It can go 70.6 all day long. In my policy it states that also. I didnt guess that speed I GPSed it. I talked / emailed him for a couple of days before I purchased the insurance. I wanted to know if I was gunna get scammed. The boat does what I stated. So there will be no questions since I have many witnesses as to what the boat can do. Now if I add a blower the premium may go up or they may decide to drop me. But there is no plans to do any of that.

If I do add any more power I'll call him 1st He is a great guy to deal with. Just tell him what you really have. A blown Daytona is gunna be hard to insure. But if you want to insure your investment (Blown motored Daytona) I'm sure for the right price you can get it. Its all about money and a good driving record

If interested here is his email addy
[email protected]
 

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Premium Member
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4,704 Posts
I sent out emails to 3 that are on the boards here. Devin is the only one who emailed me a response. It cant hurt to ask if your hull qualifies. Whats the worst they can say? No.

In my Kachina I couldn't get squat. How do all the racers here get insurance?
 

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Registered
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417 Posts
good luck bud, i got mine insured by allstate ( i have a southwind tunnel dragster), but porter tried to get his 21 insured for the last year and has had no luck.
 

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Registered
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417 Posts
also another problem i have found is how well known the name of your boat is. dytona is very known for speed to the insurance companies. my buddies has a splash of a 19' cheyenne and had no problem getting insured.
 

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Premium Member
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5,488 Posts
also another problem i have found is how well known the name of your boat is. dytona is very known for speed to the insurance companies.../
I've also found that out first hand "Daytona-Eliminator eh, sorry no can do".
My reply..."but my boat only goes 78 mph"...their response..."click".

A friends prior 21' Liberator (Daytona splash) 103 + with a wacker on the back...insurance no problem:)sphss
 
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