380: New Member with Insurance Question

[jcrumpley]

Hello Everyone,

My wife and I are in the process of purchasing a used Lagoon 380 for the primary purpose of sailing the east coast and Bahamas from November to May. We live in Austin, Texas and plan to keep the boat in Kemah, TX during the summer. I keep hearing and reading stories about the difficulty in getting insurance, particularly on an older boat. We will be able to pay cash for a boat in the 200 to 300k range. We are seeing that appears to get us in a well equipped L380 of the mid-2000 years. Our sailing experience is many years sailing inland lakes. We have all the certs through ASA through Coastal Cruising, including the Catamaran cert. We have chartered from the Moorings a few times.

We are looking for any advice on where to start researching insurance. Our current inland lake boat has been insured by progressive since buying it new in 2005.

Thanks in advance for any advice you can pass on to us.

[ranger58sb]

There are brokers who can do some of the research work for you, with various boating-specific underwriters. For example:
- Novamar (and Peter Ricks in Seattle posts as Pau Hana on trawlerforum.com)
- Gowrie
- w3ins.com

And then some of the other "general purpose" players who write boat insurance but apparently don't work with brokers:
- Geico offers boating insurance; start at the BoatUS site and navigate from there.
- Progressive
- State Farm
- maybe others

-Chris

[LittleWing77]

I would second Gowrie Group. They're very experienced with insuring sailboats.

Having said that, why not start with your current insurer (who insured your inland boat)?

Best of luck with your new boat!
Warmly,
LittleWing77

[jcrumpley]

Thank you both.

[Sailmonkey]

These guys are local to Kemah.

http://www.insurancenavigators.com/

[Jetx]

Our situation was quite similar to yours when we bought our cat in 2018 (including being based in Kemah). I was very happy with the expert advice and help we got from Morgan Wells @ Jack Martin & Associates, 800-421-8818.

Morgan had several viable options for us, answered a ton of questions that I had, and ultimately placed the coverage through Geico.

[MultiCountryDon]

Originally Posted by Sailmonkey

These guys are local to Kemah.

Insurance Navigators texas boat insurance

I highly recommend. Kevin Severance has done a great job for me for several years.
Don

[sailjumanji]

Originally Posted by MultiCountryDon

I highly recommend. Kevin Severance has done a great job for me for several years.

Don

We use Kevin as well. Shopped for us and provided several options for our catamaran.