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post #37 of Old 05-02-2013
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Re: NE Insurance Rates - Reasonable?

Originally Posted by Harborless View Post
...1500 for the haulout survey and policy?...
$1500 - $170 = $1330.

I cannot believe that haulout and insurance survey of a 27' boat would cost you $1330. My 25 footer was $300 for the pre-purchase survey ($12/foot is the going rate here), and insurance surveys are less thorough and less costly than pre-purchase surveys.

A "personal survey" of a boat is about as worthless as a "self appraisal" of one's own house. There is a reason insurance and mortgage companies hire trained, impartial professionals to do this stuff.

This is all academic anyway, because a $170 liability policy probably would not cover you outside US coastal waters, so heading out of US waters is probably the most responsible thing any uninsured boater can do.

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1998 Catalina 250WK Take Five (at Anchorage Marina, Essington, on the Delaware River)
1994 Mason 44 Firefly on loan from my BFF (West River, Galesville, MD)
1991 15' Trophy (Lake Wallenpaupack)
1985 14' Phantom (Lake Wallenpaupack)

Last edited by TakeFive; 05-02-2013 at 11:28 AM.
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