Insurance

[Netpackrat]

Have any of you guys tried Hagerty?

[Jaysen]

Have any of you guys tried Hagerty?

They are on my list for this week. I’m hoping they are not managing marine like auto. When I looked at there auto policy we are extremely limited in how much you can drive. Basically making a car a trailer Queen vs a usable vehicle.

I have to contact some companies today for work so I hope to get more info soon.

[Jeff]

All, Hagerty is continuing to insure custom/home made boats. I spoke with them yesterday. Here is their information:

Hagerty Insurance
Marine Division
1.800.762.2628

I am continuing my research and will circle back with more information. Jeff

[wwsmith]

Thanks, Jeff. That's good to know. One agent tried Hagerty for me with no luck. We're currently trying American Modern. They took my money...we'll see what happens in a few weeks after their underwriters pick through it all. Will keep yall posted.

[Jeff]

wwsmith, I am continuing research and will get back to you guys with some results by the end of the week. Glad you have likely found a insurance group!!! Please put the contact information for American Modern. Jeff

[Jaysen]

Hagerty is the only group that seems to be handling the self built/repair (salvage) and old boats so far b

[VT_Jeff]

I just got a quote from Hagerty. 212/year for 6000 agreed value. I need to see if we can split that at 2500 for the motor and 3500 for the hull. The breakdown is:

$122 Damage insurance
$50 liability
$20 uninsured boater
$20 towing

Here's the jist of my application, what I filled out

Here's their processed version that was included with my quote, you can see they changed my hull material to just "wood":

Progressive wanted $100/year for just liability, so I think this is a pretty good deal.

[VT_Jeff]

This is what I submitted for photos with my application.

[Jeff]

VT_Jeff, thank you for posting the insurance information. I also spoke with Hagerty and they confirmed they are happy to insure our boats!! They did say they require a Boat Design for their evaluation process. Did they require you to submit a copy of the plans?? Jeff

[VT_Jeff]

Did they require you to submit a copy of the plans?? Jeff

They did not, at least not yet. I'm still at the quote stage though, we'll see if the going gets tougher from here.