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Thread: insurance

  1. #1
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    insurance

    I know we had a great talk on the last insurance question but need to ask who is using who in Ontario.I have a 18 with a whippled 500hp what am I looking at for insurance cost.my boat is a 1984 classic all reworked I will be getting it apraiced in the spring thanks craig

  2. #2
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    Hey Craig,

    I have all of our property and vehicle insurance(except my street rod) with Co-operators. I approached them about coverage on my 22C(454-385 HP) but they weren't interested. My Co-operators agent then set me up with Lloyds of London. I think the premium is about $600-$700/ year for standard coverage. The company that covers my street rod wanted approx. $1000.

    Hagarty had a booth at the Antique Boat Show in Gravenhurst last year but they won't underwrite a Donzi.

    Good Luck

    Dave

  3. #3
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    My mahogany 1972 Greavette is insured through Robertson & Robertson Yacht Insurance brokers out of Markham. The actual insurance is with CG&B (Northbridge General) Insurance Co. I met Andrew Robertson ( 905 752-8735) several years ago at the ACBS Gravenhurst boat show.

    We have an agreed value of 50K, and I pay about $ 360.00 yr. When I upgraded my engine last year I showed them the costs and we adjusted the value accordingly and without fuss.

    I have also spoken to Carla at Haggerty about my '72 Greavette and my '65 Donzi... She said they would be happy to quote on my classic boats. I'm not due till August.
    Sean Conroy,
    1965 Formula Jr. (hull #2) project

    1972 Greavette Sunflash IV

    "A man can accomplish anything... as long as he doesn't care who gets the credit."

  4. #4
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    Carla at Haggerty was happy to insure my '67 Ski Sporter and gave me a great price.

    My sense is they would quote a newer, faster boat but the quote would reflect the performance.

    I'll give her first shot on my '04 18 in a few weeks and will report back .

  5. #5
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    The Lake George Donzi Classic Club has been working with Carla and Haggerty to offer insurance to the Donzi Classic owners . We are tweaking the offerings to meet most classics. We have gotten some feedback and Haggerty is willing to work with us, If anyone contacts them make sure to tell them you're a LGDCC for the best possible pricing.

    to get a quote use the URL on our website www.lgdonziclassic.com

    it is down towards the bottom of our main page a red 22 with the Haggerty logo
    When the sky is grey,look out to sea.
    When the waves are high and the light is dying,
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    When I'm home again,
    boys, I'll be buying!

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  6. #6
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    How are they reacting to boats that can do 70 and above and state such?
    1972 16 OB - C16B-63 - "Surface Tension" Resto Project
    1974 16 OB - DMR16106017-B - "The Mule"

  7. #7
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    There's basically only 2 players in the under 26' over 500HP, 75 mph club here in the US and that's Markel and Foremost goodluck, I have Markel with stated value.
    2006 CLASSIC 18 WHIPPLED MX 6.2, BRAVO 1, STAINLESS MARINE EXHAUST, LATHAM STEERING, IMCO 2" SHORTY, LABBED MIRAGE PLUS

    TALK IS CHEAP, I'M FROM THE "SHOW ME STATE" SHOW ME

  8. #8
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    insurance

    My 75 Ski Sporter is insured through Hagerty in Ontario I think they offload to AVIVA. My other insurance is through AVIVA but they want twice the price of Hagerty Go figure

    Trevor

  9. #9
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    I'm in Ontario & "Premier Marine" through an insurance broker insures both my boats

    Offhand if I remember correctly my donzi insures for around 400$ and my tiara is around 600$
    1999 22' Donzi Classic
    1991 31' Tiara Open

  10. #10
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    Quote Originally Posted by osur866 View Post
    There's basically only 2 players in the under 26' over 500HP, 75 mph club here in the US and that's Markel and Foremost goodluck, I have Markel with stated value.
    This is good feedback. I assumed that once you were openly disclosing speeds above 70mph the options for insurance would get a lot smaller. I did not realize that 75mph was actually the cutoff.
    1972 16 OB - C16B-63 - "Surface Tension" Resto Project
    1974 16 OB - DMR16106017-B - "The Mule"

  11. #11
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    I asked for a quote for my 16 after it was posted the the Lake George Classic group had been working with Carla at Haggerty. She told me they couldn't quote it because it ran over 60. She said they were looking at coverage for the higher performance boats, but at the time their coverage was for the classics.
    “Oh right, because you walked into strippers discount warehouse and said ‘Help me showcase my intellect.’” - Archer

    Bill
    Grand Rapids, Michigan
    1985 Donzi Criterion SS
    1967 Donzi 16 Ski Sporter, C16-409, Has a new home!
    38' Carver Aft Cabin
    1968 Sea Ray SRV 180 w/1975 70 hp Evinrude
    10" RIB w/15 hp 1984 Evinrude

  12. #12
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    Bill

    we are tweaking the coverage as I said, to reflect more standard( real world) performance specs of the donzi classics. We are also trying to get a baseline for value of the classics as well. We are working on it now with specific Haggerty staff that will be Donzi subject matter specialists .We should have something put together shortly.
    When the sky is grey,look out to sea.
    When the waves are high and the light is dying,
    well raise a glass and think of me...
    When I'm home again,
    boys, I'll be buying!

    My Ride

    Come Join Us on The Queen Of American Lakes



    Contact Us

    www.lgdonziclassic.com

  13. #13
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    Well so far not to good I have emailed some people and not getting anywere.I had one quote from Northstar for 2000 a year that's with the boat being apraised at 25000 not sure what the the appraisal will be that will be in the spring. the guy says how fast do you thing you will be travelling in mlp I said lets start at 90 and up he says pardon me what.great lol

  14. #14
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    Zipper I will give them a email and see what come up with. Where in Ontario are you.

  15. #15
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    I use Hagerty for all three Donzis with a stated value for the boats. Carla is great, and the price is quite reasonable. My boats are relatively mild in HP compared to what you are spec-ing though.

    I think your HP rating and related speed #s will really narrow down affordable options in Ontario. High HP scares insurance companies.

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