Over Hill Sailing Club
Join Date: Feb 2009
Location: Adirondacks NY
Thanked 111 Times in 108 Posts
Rep Power: 8
Re: Older Boat Insurance
The problem is not the cost of an insurance policy, it's the requirement to get a "survey". IMO, this "survey" procedure ought to be reserved for people who want to buy a boat and find out if there's anything wrong with it, not as a requirement to get insurance. It is just too costly to pay someone $700 to come and look over an old boat to confirm that, "yep, it's a boat." Companies do not seem to be able to use photos or send people of their own to look at a boat like they do with houses or cars. Instead, they expect you to pay this outrageous cost so you can then be qualified to pay them some exorbitant amount. This antiquated procedure is a circle jerk.
Alberg 35: With a philosophical flourish Cato throws himself upon his sword; I quietly take to the ship.
Last edited by smurphny; 08-18-2012 at 03:41 PM.