Insurance for an old boat

[Blueskys3434]

i have just acquired a Beautiful sail boat a Plas trend 40 built in 1967 and so far i have been unable to find anyone to insure her for liability, so i can move her to a different marina, to start getting work done on her to restore her to her former glory and to use her for the wounded warrior project.
Yet for absolutely no reason these stupid insurance companies will not insure her because of her age yet she is a very sturdy boat with fiberglass almost 2inches thick.
I am on a limited budget.
Does anyone have any ideas?

[vjm]

Try Geico. They insured my 1977 boat for liability only in about 5 minutes.

[SVTatia]

Get it surveyed, the only way the insurers know its state and value.
I also have a 1967 boat and no insurance company would even quote me without a survey, once it was done, no problems at all.

[lancelot9898]

Is a survey needed for liability only? And does GEICO insure "large" boats in the 40 foot and above category?

[pcmm]

Originally Posted by lancelot9898

Is a survey needed for liability only? And does GEICO insure "large" boats in the 40 foot and above category?

A survey is NOT needed for liability only insurance. Try Progressive. They insured my Morgan Out Island 41 for liability only. inexpensive too. their only condition is was the boat seaworthy! I took that to mean will it float!

[thomm225]

Originally Posted by pcmm

A survey is NOT needed for liability only insurance. Try Progressive. They insured my Morgan Out Island 41 for liability only. inexpensive too. their only condition is was the boat seaworthy! I took that to mean will it float!

Right!

My boat has never been surveyed. It's a 1974 Bristol 27 and I have $500,000 liability on it (required by the marina) through State Farm for less than $10.00/month

[Garymadhatter]

Geico has the lowest rates that I've found and does not require a survey for an old boat but does want pictures. Good luck.

[boeing1]

try Progressive Insurance

[bmz]

Why do you need liability insurance just to take her from one marina to another? I've owned sailboats for over 50 years and never had a liability claim. 99% of the time, powerboats cause accidents, not sailboats.

[skiggy]

Hi, in Britain we can get 3rd party cover (Liability) just by giving the boat details since your own boat is not covered. I have just renewed mine, £72 around $90 a year for £3million ($3.75million) cover. This is standard here.

[FSMike]

Originally Posted by bmz

Why do you need liability insurance just to take her from one marina to another? I've owned sailboats for over 50 years and never had a liability claim. 99% of the time, powerboats cause accidents, not sailboats.

Most likely because the marina he wants to move to, like many others, will not accept boats without liability insurance.

[bsurvey]

suggest you contact boat us gieco. get a survey on the boat generally condition NOW tell the surveyor that you want port risk insurance., that will get you started.


after you have completed restoration get another survey with ACV, an agreed value policy


a survey report before and after is the only way you going to get insurance, in my opinion

[KadeyKrogen38]

Hello, I was one of the crew that helped mold your hull and deck and construct her. Originally built for Wally Keller and was called the " Amour Azule". I did the first launching of her on Eagle Mointain lake in Ft Worth off of a trailer on a public boat ramp. There are 1" rebars imbedded along the hull centerline.

She is a knock off of an aluminum boat Ted Turner raced in the SORC and I believe won with.

I raced on her to Cosumel in 1972.

[lesterbutch]

Originally Posted by Blueskys3434

i have just acquired a Beautiful sail boat a Plas trend 40 built in 1967 and so far i have been unable to find anyone to insure her for liability, so i can move her to a different marina, to start getting work done on her to restore her to her former glory and to use her for the wounded warrior project.
Yet for absolutely no reason these stupid insurance companies will not insure her because of her age yet she is a very sturdy boat with fiberglass almost 2inches thick.
I am on a limited budget.
Does anyone have any ideas?

I have a 1972 Pearson 35, insured for the full spectrum including liability and got it from Progressive Ins. We have used them for all of our insurance needs so that may be a factor. Give them a try at 1 855-758-0943, can't hurt to try! Oh by the way, no survey was required.

[skiggy]

@BMZ. All marinas in Britain say you have to have at least 3rd Party (Liability) cover. I would imagine it is pretty much the same in the USA.