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View Full Version : The Insurance game .........



Mark Albers
02-22-2002, 05:20 PM
Donzi Aficionados :rolleyes:

What do pay for insurance ???
I am looking at a 93 22 Clasic
What is you deal ???

Thanks

Mark :cool:
Sarasota (close to the factory but far from a dream)

Rootsy
02-22-2002, 09:42 PM
1997 16 classic
350 / 55 mph
20000 replacement value
progressive insurance
$371 / year

Dr. Dan
02-23-2002, 06:01 AM
Mark, When the Co-Pilot got home last night I asked about our rates.....some of the items to consider; 1.)Replacement Value Boat & Trailer 2.)Rates vary also depending on how far offshore you normally go as well as how far you go from your normal "port" of operation, if you are a lunatic, like us and drive 100's or even more miles to Donzi events(Owen)you need to ask your Agent if you will be covered? It does you no good to have min. insurance coverage so your legal and when you have a claim from some distant event, and find out you're not covered there, just an FYI! Also check to determine what's reasonable and /or responsible liability limits...just in case someone does get hurt on your boat(run into a Sea Duck @ 60mph)*%#@ happens, rates are often not too much more for increases in this type of coverage. Remember you're not racing all the time here, alot of the time you're "taking in the sites too eek! ", I'll send you more specifics, good luck this weekend, let me know how you make out!... wink ...Doc

Sagbay32
02-23-2002, 07:13 AM
1995 Classic 18
350 mag
60 mph
$17,500 replacement
Progressive
$260.00 a year

Scott Pearson
02-23-2002, 08:28 AM
1968 18 2+3
Replacement of boat with trailer $32,000

$600.00 or so.

I know....I'm nuts!

(NJ)Scott

Brad Lyon
02-23-2002, 12:41 PM
Mark,

Buy the boat! OMC and all, you know what I mean. And go with Progressive for insurance, I can not find anyone else to compare to their price or service.

Brad

Donzi Blackhawk
02-23-2002, 08:25 PM
Mark,
You sent me an e-mail but I was unable to reply back, it came back as undeliverable. Send me another message so I can answer your questions. goboat@gte.net
Thanks, Bryant

Mark Albers
02-24-2002, 08:58 AM
Donzi Aficionados :confused:

Many of you use Progressive
Is their any parameters like useage distance from the shore etc......
Is hard to ask for replacement value verious book ???
It looks like I made the deal on the 93 :)

Thanks for the info

Mark :cool:
Sarasota --- (close to the factory & far from a dream)

Dr. Dan
02-24-2002, 09:33 AM
Mark - This is Mrs. Dr. Dan (aka Liz). As you know we have a 1993 22 Classic. We use National Marine Underwriters. We have an agreed value of $22,000 for the boat and $3500 for the trailer. Our annual insurance premiums are $691.
You can increase your deductibles that will decrease your premium. In addition, your rates will drop slightly if you take the Coast Guard safety class. If you don't already have personal umbrella insurance, you may want to talk to your Homeowners/ auto insurance agent about purchasing this additional liability insurance. :rolleyes: Mrs. Dr. Dan (aka Liz)

KRAVEN
02-24-2002, 05:21 PM
2002 18ft,Classic,Scorpion Powered replacement value 46,000.Progressive Insurance 79mph.$600.00per year.

SS18
02-24-2002, 06:51 PM
Anyone have # for progressive? Can't hurt to shop.
Thanks
Jim in NJ

Brad Lyon
02-24-2002, 07:58 PM
Jim,

The phone number I have to Progressive is 1-800-888-7764. You can also go to Progressive.com. I was with Allstate for 20 years, I had all of my cars, boats and home with them.

Progressive came in with higher coverage and $600.00 less per year! I called Allstate to see if they would do any better than what I was already paying and they wouldn't even talk about it. It is worth the call!

Brad

SS18
02-24-2002, 08:13 PM
Brad,
Thanks for the reply I'll call this week. State farm dosen't want to know my name. Customer for
20 years with corporate,home and life,etc. go figure.No Claims! Always on time.Just NJ.
Thanks,
Jim in NJ

Bryan Tuvell 33ZX
02-24-2002, 08:46 PM
SS18
State Farm 22 years, several claims, last year an out drive, a roof for our house 8 years ago, no accidents..
House, vehicles and some additional personal stuff/property.

Boat, AGREED ON VALUE for loss, Boat $65K
Trailer $3700
I did take a boating course, saved me $60 a year.
1/2 Million in liability, $500 deductible
$470 a year (due in ful) no other payment options. Yes engine size etc is on the policy.
This is my second ZX with them.

Maybe it is area, just deleted the Grand Cherokee, added F250HD PSD and only went up $36 bucks...
Bryan

Mark Albers
02-24-2002, 10:37 PM
Donzi Aficionados eek!

Ok I am a midwest boy who is fortunate to relocate to Florida

So with that in mind
What is the deal with the distance from the shore rule ???
Sea tow or not to tow ???
Does your insurance cover a damaged outdrive.....
I dont know maybe do to hitting a whale or something (he he ha)

Thanks and when is the next get together

Mark :cool:
Sarasota - - - (close to the factory & far from a dream)

Last Tango
02-24-2002, 11:38 PM
Mark,
Check the Events and Gatherings section, under Mt. Dora gathing. No recent posts because we're all set to roll for that event!
The OTHER Mark, also in Florida :cool:

Dr. Dan
02-25-2002, 08:00 AM
Mark, Congratulations...The Big thing is to come to an appropriate "Agreed To Value..."each boat is worth what it's worth to us as the owner, if the Ins. Co. will insure it for what you "agree to, then it's covered, you can ask your insurance co. about the specifics based on where you will be using your boat....As far as Sea Tow, you can include it with your insurance(which is a good idea) or buy a coverage service that is offered in the local that you will be using it, ie. Sea Tow, Boat U.S., or who ever,remember, having it in your insurance coverage may cover costs when you are away from your normal area, where a "Sea Tow" won't help you if they are not a tow service offered on Lake Lanier for example,then you rely on other boaters or other services, but hey it's a Donzi and you're not going to need a tow service :D , unless you are like some guys who run out of gas(Brad) :rolleyes: ,Good Luck...Doc

Mark Albers
02-26-2002, 11:36 PM
Donzi Aficionados wink

Progressive quote:

93 22 Classic (454)
Deductible = $500
Personal equipment = $1,000
Towing = $19 (up to $300)
Medical = $25,000
Liability/Comprensive = $300,000/$50,000
Value(boat & trailer) = $25,000
Total Premium for 1 year = $573.00

Mark :cool:
Sarasota - - - W F O (close to the factory & far from a dream) :p