Boat insurance roughtimate for clear lake TX

[Cavalier]

Hi all,

We'll be relocating from Norway to Houston in September. Before going through the song and dance of getting insurance quotes, I wondered if anybody could give indicative annual numbers for insurance for:

New vessel/engine/rig etc (2011 Bavaria 40)
$220k value
40'
To be moored in a marina in clear lake area

Our current annual for the same vessel in Norway fully comp. is around $1000

Rough numbers or equivalents in TX would be appreciated.

Thanks,

Phil

[s/v Moondancer]

Three years ago in the hurricane zone of Miami I paid 3.2 % of hull value.

[Sand crab]

Tabbycat is a member and sells insurance. I'd heard that about 1.5% for non hurricane coverage is the norm but alas I am boatless so I don't really know. Good Luck BOB

[Mimsy]

I've seen rates in the area from 3.7% of HV all the way to 6%. Much depends on your sailing resume. Also, rates might be a bit higher just now as we are still recovering from Ike which means the insurance companies are RECOUPING from Ike.

[Cavalier]

Thanks all, and wow! Who would have thought that Norway would have been cheaper on such matters... then again, we only get battered by 'technical' hurricanes (>33m/s) each January/Feb, and cross moorings and floating pontoons etc are standard stuff: nothing on the scale of Ike..

On the idea that Ike was an 100 year storm, does anybody know whether insurances minus hurricane coverage are available? as 2-6% of hull value puts the insurance costs squarely in the realm of property taxes!