A different kind of insurance question

[treilley]

I live on my boat so I do not have a renters or homeowners policy. I do have a proper yacht policy with coverage for $20,000 personal belongings. It also covers equipment layed up in a storage unit(boom, sails, lines, etc)

The problem is that it will not cover the contents of my car or the 2 high end mountain bikes on the rack.

The company is Acadia and they will not schedule my bikes or the contents of my car. My auto insurance will not cover the contents or the bikes either.

Anyone know of a good insurance company that will cover these items without renters or homeowners?

Thanks

[bubb2]

I spent nearly 30 years in the specialty/surplus Insurance lines. I do not understand your reluctance buying a renter's policy. It will provide personal liability coverage. Not familiar with personal liability coverage, serve a few drinks on your boat and have one of your guests get in a car and run a stop sign hitting a car load of Nuns. What you will learn about personal liability insurance is, you will wish you had it when you see your defence attorney bills in your mail box. Once you have a renters policy, then add a (P. P. O. P.) rider to cover the bikes and other Personal Property Off Premises.

[treilley]

Originally Posted by bubb2

I spent nearly 30 years in the specialty/surplus Insurance lines. I do not understand your reluctance buying a renter's policy....

Exactly where do you infer that I do not want to purchase a renters policy? I would if I could. I cannot find an underwriter that will offer it on a boat or a rented storage space.

[bubb2]

The guy 2 slips down from me had state farm, he used the marina address as the rental location.

[bubb2]

Personal Insurance for Computers, Jewelry & More - State Farm

[bubb2]

try these folks, they are from Maine
Insurance for your Boat, Yacht, Personal Watercraft, Lobster Boat, Liveaboard or Chartered vessel form Butler Marine Insurance - Southwest Harbor, Maine

[wingNwing]

We had the same problem with State Farm not accepting our marina address as the rental location, nor would they insure the boat (too old for them, >20 years). We ended up insuring the boat through IMIS.

[treilley]

Originally Posted by bubb2

The guy 2 slips down from me had state farm, he used the marina address as the rental location.

My insurance company said that would not work because it is not a residence.

[treilley]

Some great ideas here. I will do some more research tomorrow.