Panhandler
Senior Member
We've got a contract on a 1976 50' fiberglass semi displacement trawler with a single Cat 3208NA. I've had a survey done and a mechanic look at it and it's in fine shape. It even has an almost new fire suppression system. BoatUS will insure it but they want 1/6 of the purchase price annually for comprehensive, or 1/20 of the purchase price for liability only. While we do live on the Gulf Coast, this still seems absurdly high. I've talked to Charter Lakes - they can't do it because of the age of the boat. I just submitted a request for a quote to Anchor Marine Insurance per the recommendations for Peter on here. Who else should I request quotes from? What companies will touch older boats?
I'm fine with self insuring and just getting liability but would prefer not to if there is a reasonable alternative.
Thanks!
I'm fine with self insuring and just getting liability but would prefer not to if there is a reasonable alternative.
Thanks!