Reply
 
Thread Tools Display Modes
 
Old 05-06-2013, 01:01 PM   #1
Senior Member
 
Bigfish's Avatar
 
City: Salem, Oregon
Country: USA
Vessel Name: My Lady
Vessel Model: Formosa 42 Double Cabin
Join Date: Jan 2013
Posts: 149
Insurance wants "Hurricane Plan!"

Insurance quote for my new to me 42' Formosa "sundeck" trawler is $2100/year. More than I'd hoped but doable. However, they want to see a Hurricane Plan I'm going to be in a Marina here in Punta Gorda Florida and I'm not sure what that plan should consist of. Any ideas?

Also, the ad referred to "My Lady" as a double cabin Formosa, but it's just like all the sundeck designs I see and I see others called double cabin and most of those have a back cockpit area which my boat doesn't. I just don't have any cover over the sundeck. A "true" sundeck!


Thanks again to everybody for all your great input and insight.

PS Anybody in my area that would like to help me get familiar with all I need to know?


__________________
Advertisement

Bigfish is offline   Reply With Quote
Old 05-06-2013, 01:29 PM   #2
Guru
 
Moonstruck's Avatar
 
City: Hailing Port: Charleston, SC
Country: USA
Vessel Name: Moonstruck
Vessel Model: Sabre 42 Hardtop Express
Join Date: Nov 2008
Posts: 7,848
A hurricane plan depends on a lot of things. Which Marina? Burnt Store has some well protected slips. You may get by with showing that and how you would do lines and fenders to protect the boat. You may plan to haul out and tie down (that is my plan). I just have the below waterline work done after hauling. That makes it not a dead expense. Usually polish the hull sides too.
__________________

__________________
Don on Moonstruck
Sabre 42 Hardtop Express & Blackfin 25 CC
When cruising life is simpler, but on a grander scale (author unknown)
http://moonstruckblog.wordpress.com/
Moonstruck is offline   Reply With Quote
Old 05-06-2013, 02:15 PM   #3
Senior Member
 
Bigfish's Avatar
 
City: Salem, Oregon
Country: USA
Vessel Name: My Lady
Vessel Model: Formosa 42 Double Cabin
Join Date: Jan 2013
Posts: 149
I'm not sure exactly where I'm going to put it. I looked at Burnt Store and liked it but I think I have a great deal here at Fisherman's village where it was when I bought it. I'm hoping to take off as soon as everything's done, hopefully less than a month. I also looked at a pretty interesting marina in the everglades, Port of the Islands Marina. Out of the way but I like that. I'll probably return to this area as I'm moving my shop here. Burnt Store was my first choice if I stayed in the area.
Bigfish is offline   Reply With Quote
Old 05-06-2013, 02:40 PM   #4
Guru
 
City: somewhere
Country: USA
Join Date: Jan 2013
Posts: 1,356
Isn't there some "hurricane hole" marinas along the Okeechobee (sp?) Waterway?
__________________
Life is a Beach
beachbum29 is offline   Reply With Quote
Old 05-06-2013, 02:54 PM   #5
Senior Member
 
Bigfish's Avatar
 
City: Salem, Oregon
Country: USA
Vessel Name: My Lady
Vessel Model: Formosa 42 Double Cabin
Join Date: Jan 2013
Posts: 149
I Dunno! I haven't even moved here yet and know very little about the area. I'm really interested in exploring and fishing south of here so I'm looking in that direction. I also don't want to be too far from the open ocean as I don't like confined spaces or long runs to get out of them!
Bigfish is offline   Reply With Quote
Old 05-06-2013, 03:21 PM   #6
FF
Guru
 
FF's Avatar
 
Join Date: Oct 2007
Posts: 16,515
I don't like confined spaces or long runs to get out of them!

Big difference between the daily run for fun and a run to a hurricane hole in Florida..

To be effective the chosen location should be quite far from surge waters ,up past a couple of locks at least.

RFYC LABELLE

This is the commercial operation with in spitting distance of our home.

They provide commercial hurricane hole protection , at a price.

Homeowners in my area provide a similar service.

Besides the expense, the big PA is the bridges will not open over 35K of breeze , so you have to come early , and wait around to see IF the storm actually comes.

Most docks behind homes can not provide 240v 50a service.

So life at best is with 30A ,120V , while/if the power is on.

As the slip space must be kept open , for most the charge is the same as if you simply left the boat tied up all summer.

Usually $1000, for 5 months ( 20 weeks , $50 a week) of reserved space , any electric is by meter, 20c a KW.



.
FF is offline   Reply With Quote
Old 05-06-2013, 03:33 PM   #7
Guru
 
City: somewhere
Country: USA
Join Date: Jan 2013
Posts: 1,356
Quote:
Originally Posted by Bigfish View Post
I Dunno! I haven't even moved here yet and know very little about the area. I'm really interested in exploring and fishing south of here so I'm looking in that direction. I also don't want to be too far from the open ocean as I don't like confined spaces or long runs to get out of them!
Maybe you can "buy" a spot at one of those marinas if the big blow does come?

Anyone down there know anything about this?

Sorry FF, I completely missed your post.
__________________
Life is a Beach
beachbum29 is offline   Reply With Quote
Old 05-06-2013, 04:24 PM   #8
Senior Member
 
Bigfish's Avatar
 
City: Salem, Oregon
Country: USA
Vessel Name: My Lady
Vessel Model: Formosa 42 Double Cabin
Join Date: Jan 2013
Posts: 149
That looks like a nice facility to have that close! I think I'm going to pull her out of the water at one of the storage yards around here. If it looks that bad. I suppose people start lining up and watching the news.. first come first served. Can't wait
Bigfish is offline   Reply With Quote
Old 05-06-2013, 04:25 PM   #9
Senior Member
 
Bigfish's Avatar
 
City: Salem, Oregon
Country: USA
Vessel Name: My Lady
Vessel Model: Formosa 42 Double Cabin
Join Date: Jan 2013
Posts: 149
And BeachBum, what difference would it make if I owned the slip??
Bigfish is offline   Reply With Quote
Old 05-06-2013, 04:44 PM   #10
Guru
 
Moonstruck's Avatar
 
City: Hailing Port: Charleston, SC
Country: USA
Vessel Name: Moonstruck
Vessel Model: Sabre 42 Hardtop Express
Join Date: Nov 2008
Posts: 7,848
There is a storage yard on the north side of Charlotte Harbor off Gasparilla Road that some Canadian friends have used a couple of times.

Welcome to All American Covered Boat Storage - The Best Boat Storage in SW Florida

It would be good to make arrangements for a haul out ahead of time.

Fishermans Village is very exposed.
__________________
Don on Moonstruck
Sabre 42 Hardtop Express & Blackfin 25 CC
When cruising life is simpler, but on a grander scale (author unknown)
http://moonstruckblog.wordpress.com/
Moonstruck is offline   Reply With Quote
Old 05-06-2013, 05:31 PM   #11
TF Site Team
 
Baker's Avatar
 
City: League City, Tx
Country: Texas
Vessel Model: Carver 356
Join Date: Oct 2007
Posts: 5,630
Also talk to your insurance to see if they will help you with the expense of your "hurricane plane". Many companies will share the expense of a haul out and block to protect the boat.
Baker is offline   Reply With Quote
Old 05-06-2013, 05:41 PM   #12
Guru
 
City: somewhere
Country: USA
Join Date: Jan 2013
Posts: 1,356
I'd rather pay a lower premium. They will only own my boat when it's totaled.
__________________
Life is a Beach
beachbum29 is offline   Reply With Quote
Old 05-06-2013, 06:05 PM   #13
Senior Member
 
Bigfish's Avatar
 
City: Salem, Oregon
Country: USA
Vessel Name: My Lady
Vessel Model: Formosa 42 Double Cabin
Join Date: Jan 2013
Posts: 149
I just got off the phone with them before you posted!! Good choice. Great place but first come first served... You can see why. I'm sure there'll be a line at the door when the big one comes this way. I'm still pretty confident in the hurricane repellent I've been using as it's worked flawlessly so far!
Bigfish is offline   Reply With Quote
Old 05-06-2013, 08:20 PM   #14
TF Site Team
 
Pau Hana's Avatar


 
City: Seattle, WA
Country: Good Ol' US of A!
Vessel Name: Pau Hana
Vessel Model: 1989 PT52 Overseas Yachtfisher
Join Date: Aug 2012
Posts: 1,647
Your plan should consist of the best planned possible way to safeguard/secure the boat in the case of a big blow. Underwriters know and understand that plans can change- but the act of submitting a hurricane plan makes the insured take the time to think about it BEFORE a named storm occurs.

Your agent should have taken the time to chat with you about your plans as part of the underwriting process.
__________________
Peter- Marine Insurance Guru & tuna fishing addict!

1989 52' PT Overseas yachtfisher
Pau Hana is offline   Reply With Quote
Old 05-06-2013, 09:40 PM   #15
Senior Member
 
Bigfish's Avatar
 
City: Salem, Oregon
Country: USA
Vessel Name: My Lady
Vessel Model: Formosa 42 Double Cabin
Join Date: Jan 2013
Posts: 149
My agent talked with me briefly about it. One of the questions they ask on the form is, "If you're cruising and a storm threatens what will you do? I would think the first thing you would do is determine if you have enough time to reach a safe haven before it reaches you. If not, try to get as far out of the main path as possible. When the storm seems to be a threat to your safety point the bow into the waves and ride it out as best you can. Am I way off base? Pardon my ignorance...
Bigfish is offline   Reply With Quote
Old 05-06-2013, 10:32 PM   #16
Guru
 
healhustler's Avatar
 
City: Longboat Key, FL
Country: USA
Vessel Name: Bucky
Vessel Model: Krogen Manatee 36 North Sea
Join Date: Oct 2009
Posts: 4,178
Don't do that "pardon my ignorance" think here, Bigfish. We're all ignorant, one way or another. My insurance agent tells me that the safest place to have your boat during a hurricane, Statistically, is behind your residence where it can be cared for as things worsen, break, etc. etc... The insurance companies love tide-minder systems for absorbing surge. The second safest place, statistically, is a haul-out and block. I told him "sure, but what if one boat blows over and they all go over like dominos", and he said, "Yeah, that happens, but it is still "statistically" less damage than happens if the boat is left in the water unattended. If you can find a place where you can "attend" to the boat during the storm, I think they would honor such a plan. My Insurance is with Atlas here in FL, and I have coverage during named storms, albeit with a big deductible.
healhustler is online now   Reply With Quote
Old 05-06-2013, 10:54 PM   #17
TF Site Team
 
Pau Hana's Avatar


 
City: Seattle, WA
Country: Good Ol' US of A!
Vessel Name: Pau Hana
Vessel Model: 1989 PT52 Overseas Yachtfisher
Join Date: Aug 2012
Posts: 1,647
Quote:
Originally Posted by healhustler View Post
Don't do that "pardon my ignorance" think here, Bigfish. We're all ignorant, one way or another. My insurance agent tells me that the safest place to have your boat during a hurricane, Statistically, is behind your residence where it can be cared for as things worsen, break, etc. etc... The insurance companies love tide-minder systems for absorbing surge. The second safest place, statistically, is a haul-out and block. I told him "sure, but what if one boat blows over and they all go over like dominos", and he said, "Yeah, that happens, but it is still "statistically" less damage than happens if the boat is left in the water unattended. If you can find a place where you can "attend" to the boat during the storm, I think they would honor such a plan. My Insurance is with Atlas here in FL, and I have coverage during named storms, albeit with a big deductible.

Well put.

The form you (Bigfish) mentions sounds a bit silly; there is always ample warning before a named windstorm (hurricane) becomes a significant threat, so questions about "what you will do if you are cruising and a storm threatens..."
are telling me that the asker doesn't understand the relationship between a named windstorm and how the insurance policy will act/react.

By the time the hurricane is news, your boas will be secure (afloat or hauled), and you'll be on your way out of dodge to safety.
__________________
Peter- Marine Insurance Guru & tuna fishing addict!

1989 52' PT Overseas yachtfisher
Pau Hana is offline   Reply With Quote
Old 05-06-2013, 10:59 PM   #18
Senior Member
 
Bigfish's Avatar
 
City: Salem, Oregon
Country: USA
Vessel Name: My Lady
Vessel Model: Formosa 42 Double Cabin
Join Date: Jan 2013
Posts: 149
Another "one size fits all official form" created by someone who knows nothing about what he thinks he's supposed to be doing.
Bigfish is offline   Reply With Quote
Old 05-06-2013, 11:07 PM   #19
TF Site Team
 
Pau Hana's Avatar


 
City: Seattle, WA
Country: Good Ol' US of A!
Vessel Name: Pau Hana
Vessel Model: 1989 PT52 Overseas Yachtfisher
Join Date: Aug 2012
Posts: 1,647
Quote:
Originally Posted by Bigfish View Post
Another "one size fits all official form" created by someone who knows nothing about what he thinks he's supposed to be doing.
Indeed. If I may ask, who is writing the coverage?
__________________
Peter- Marine Insurance Guru & tuna fishing addict!

1989 52' PT Overseas yachtfisher
Pau Hana is offline   Reply With Quote
Old 05-06-2013, 11:23 PM   #20
Senior Member
 
Bigfish's Avatar
 
City: Salem, Oregon
Country: USA
Vessel Name: My Lady
Vessel Model: Formosa 42 Double Cabin
Join Date: Jan 2013
Posts: 149
Atlass Prime Time Lloyds Yacht insurance program for your Formosa.
__________________

Bigfish is offline   Reply With Quote
Reply

Thread Tools
Display Modes

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





All times are GMT -5. The time now is 04:13 PM.


Powered by vBulletin® Version 3.8.8 Beta 4
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2006 - 2012