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Mark Matthews 09-06-2000 08:00 PM

Insuring a Ferrocement Boat
<HTML><!-- eWebEditPro --><FONT face=Arial><P>I am looking for insurance for my ferrocement sailboat. Even though she is in perfect condition, I am having problems finding a company that will insure her.<BR><BR>Christian Boutet<BR></P><B><P>Mark Matthews responds</B>:</P><P>Christian,<BR>Like all other types of boats, there are good and bad ferrocements. Unfortunately, they take a bad rap overall, due in large part to the legions of poorly constructed ferrocement boats built in backyards that ultimately met demise at sea. Actually, I have the same problem insuring my fiberglass boat because it's 30 years old. You can try our <A class=articlelink href="">insurance company</A> <A href=" "></A></FONT><FONT face=Arial>but I have the feeling it mirrors a lot of what's out there.</P><P>Ferro boats are more widely accepted in Europe and South Africa, and you might be able to find an underwriter there to help you, but most non-US insurance companies no longer write liability policies for boats sailed in the US due to our litigious nature.</P><P><TABLE cellSpacing=0 cellPadding=0 align=center border=0><TBODY><TR><TD height=8>&nbsp;</TD></TR><TR><TD vAlign=center><A href=""><IMG height=75 src="" width=320 border=0></A></TD></TR></TBODY></TABLE><P></P></FONT></HTML>

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