Insurance for airboats..one less company

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emmitt Kelly
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Insurance for airboats..one less company

Post by emmitt Kelly » Mon Feb 02, 2015 2:14 pm

I received my policy renewal from Charter Lakes today.

Travelers property and casualty is no longer insuring airboats.

Charter Lakes is down to one insurer....Markel American Insurance company

It makes no difference who your insurance company you use...they all talk together..

the problem is too many claims...All businesses must make a profit or they are no longer a business...

Less insurers ..less competition..Higher Premiums ..

Just something to keep in mind when you are out on the water...
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rjonesboy
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Re: Insurance for airboats..one less company

Post by rjonesboy » Mon Feb 02, 2015 7:15 pm

Also renewed with charter lakes today. But my policy is with XL Specialty Insurance Company.

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Re: Insurance for airboats..one less company

Post by junglecat » Mon Feb 02, 2015 8:22 pm

Charter Lakes here also
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Hog Guts
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Re: Insurance for airboats..one less company

Post by Hog Guts » Mon Feb 02, 2015 10:02 pm

Thanks for info in in the process of doing this now too


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BANANA BOAT
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Re: Insurance for airboats..one less company

Post by BANANA BOAT » Tue Feb 03, 2015 1:19 pm

what is your yearly premium?

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Rooster44
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Re: Insurance for airboats..one less company

Post by Rooster44 » Tue Feb 03, 2015 7:49 pm

I just got quoted $1544 annual premium 15k coverage. Seems kind of high to me. Is this the going rate?
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Re: Insurance for airboats..one less company

Post by Afflicted » Tue Feb 03, 2015 7:57 pm

Mine is thru charter lakes. $35,000 coverage it's, i think, around $700 every 6 months

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Re: Insurance for airboats..one less company

Post by Cooter69 » Tue Feb 03, 2015 8:33 pm

Guys I use Seaworthy and have 24,500 worth of coverage, to include boat and trailer. $234.00 a yr. it would so through Geico, I have had great customer service so far with one claim.

Just saying !!!

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Rooster44
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Re: Insurance for airboats..one less company

Post by Rooster44 » Tue Feb 03, 2015 8:37 pm

Afflicted, charter lakes is who I received my quote from. You have over double the amount and pay less. Odd.
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Re: Insurance for airboats..one less company

Post by rjonesboy » Tue Feb 03, 2015 8:45 pm

I have had charter lakes for two or three years now. 601 a year every year, no claims. 22000 on boat and trailer. 300000 uninsured boater and 300000 liability plus a few other things.

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Re: Insurance for airboats..one less company

Post by rjfjr » Tue Feb 03, 2015 8:48 pm

cooter u coconut freezing .......................

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Re: Insurance for airboats..one less company

Post by Cooter69 » Tue Feb 03, 2015 9:02 pm

Rich,

Pm sent as well as text this morning. :proud: :rebel:
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fl cracker
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Re: Insurance for airboats..one less company

Post by fl cracker » Tue Feb 03, 2015 9:04 pm

rjonesboy wrote:I have had charter lakes for two or three years now. 601 a year every year, no claims. 22000 on boat and trailer. 300000 uninsured boater and 300000 liability plus a few other things.
X2 here also
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getitdone
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Re: Insurance for airboats..one less company

Post by getitdone » Tue Feb 03, 2015 9:37 pm

fl cracker wrote:
rjonesboy wrote:I have had charter lakes for two or three years now. 601 a year every year, no claims. 22000 on boat and trailer. 300000 uninsured boater and 300000 liability plus a few other things.
X2 here also
I have been with charter lakes for awhile now no claims and pay $764.00 year for 29,000 includes boat and trailer and other stuff above.
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Re: Insurance for airboats..one less company

Post by Afflicted » Tue Feb 03, 2015 11:22 pm

Rooster44 wrote:Afflicted, charter lakes is who I received my quote from. You have over double the amount and pay less. Odd.
It's actually like $694 or something. For 6 months on $35000. An like some1 said that's including $300,000 uninsured boater, some for medical stuff too. I think maybe a million for pollution crap I guess for if ur fuel tank busted or u hit a barge an the fuel tank leaked out in the river hell idk

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Re: Insurance for airboats..one less company

Post by Afflicted » Tue Feb 03, 2015 11:28 pm

Also when u fill out paperwork they want to know where and how the boat is stored an all kind of other carp. That may make the difference

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Re: Insurance for airboats..one less company

Post by junglecat » Tue Feb 03, 2015 11:30 pm

$780.00a year for 30,000 boat & trailer . I just renewed last Thursday .
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SSR1320
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Re: Insurance for airboats..one less company

Post by SSR1320 » Wed Feb 04, 2015 6:45 am

Seaworthy through geico 25k coverage $487 a year
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emmitt Kelly
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Re: Insurance for airboats..one less company

Post by emmitt Kelly » Wed Feb 04, 2015 7:52 am

storing your boat in Florida and if there is a hint that you are using your boat commercially
you will get hit hard.

mine was 570 a year.....but a little less coverage for boat total loss....

but storing in Georgia was a big plus....they wanted to know would I be storing boat at
anytime in Florida....the answer is no....unless I have servicing at Diamondback would be
the only exception.
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Re: Insurance for airboats..one less company

Post by Afflicted » Wed Feb 04, 2015 9:07 am

FL obviously has the most claims.. Also the storage deal is probably bc if it's stored somewhere in FL for a while there's a chance the prop or something is gonna get stole. Take me for example, I may be wrong but I feel there is a ZERO percent chance of anything being stole off my boat in west Alabama. A crackhead might steal the cooler out of the floor or the fourwheeler that's parked beside it but taking the prop wouldn't cross his mind. But if this was in FL that crackhead would have been around airboats an know he could flip that prop for cash pretty easy

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Re: Insurance for airboats..one less company

Post by SWAMPHUNTER45 » Wed Feb 04, 2015 6:25 pm

Insurance companies use algorithms to determine a clients rate. two people can have the same boat and same coverage limits yet have a different rate. Things like age of the client, being a home owner, multi-policy holder, credit rating, prior claims and geographic location are all pieces of the puzzle.

My wife is an agent and can quote airboats that are commercially produced with a car motor pushing it.

GTO, Panther, Diamondback should not be a problem PM if you want a quote

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Re: Insurance for airboats..one less company

Post by barhopper » Wed Feb 04, 2015 6:40 pm

SWAMPHUNTER45 please pm her contact info

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Re: Insurance for airboats..one less company

Post by 1936 » Fri Feb 13, 2015 10:38 pm

Thank you to George at Bryant Coverall Insurance 352-589-5891. Needed a last minute insurance policy for a new boat and here it is Friday at 6:00 pm and he is still at the office writing our policy....thanks George
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Re: Insurance for airboats..one less company

Post by BDH » Sat Feb 14, 2015 7:58 am

To make sure we are comparing apples to apples, is the geico policy an "agreed value" policy?
That makes a huge difference.
You can ignore the facts but you CAN NOT ignore the consequences you get from ignoring the facts!

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Re: Insurance for airboats..one less company

Post by SWAMPHUNTER45 » Sat Feb 14, 2015 9:04 am

If anyone has the need to get a quote for boat insurance email Melissa and she can take a look to see what is offered.

Not all brands of boats can be accepted but many are on the accepted list.


Melissa.Anthes@gmail.com

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