[C38] insurance

[Don Strong]

All:

Discreet Charm is in Emerycove, Alameda Co. , San Francisco Bay.
No claims. I pay ca $120 / year towing to BoatUS plus ca $280/yr to them 
for hull insurance with similar coverage to that described by Glenn and 
Charles, below.
         Two issues.
1. Our policy allows 30 nautical miles from the Golden Gate, which lets us 
to do the Farallon Isl, Drakes Bay, and Halfmoon Bay. To go farther,  we 
need a $25 rider that they issue quickly on the phone-- allows us to go to 
Monterey and Southern California.
2. The towing has paid for itself in our case.  We have used it 
twice.  Most notable was the tow from Santa Cruz Isl to Santa Barbara when 
the exhaust riser bolts broke-- this would have been a $600 tow w/out 
insurance.

  I expect if the hot and hotter western Atlantic serves up another year of 
hurricanes, marine insurance companies may begin to pull out of Florida and 
surrounding states; the reinsurance market is in a foul mood. I also expect 
that we with boats in areas without tropical storms will begin to 
contribute to the cost of insuring boats in areas with them. This really is 
fairly equitable. All of us have lived  much wealthier lives with the 
fossil fuels that caused the rising atmospheric CO2.   At least the 
petroleum that yielded the fiberglass in our C38s hasn't dumped its CO2 
into the atmosphere.

don

At 04:00 PM 03/27/2006, Glenn Terry wrote:
>I have been with Allstate for 15 years on 1983 hull.  My coverage is
>pretty much the same but a $500 deductible.
>
>I have had two claims:
>
>1. bow line weathered and the boat had some pretty good fiberglass
>damage to be repaired
>
>2. Mainsail was stolen.
>
>
>No hassle with getting the claims settled.
>
>
>No increase in my $347 annual premium.
>
>Regards,
>
>G!enn
>San Francisco
>
>Charles Finn wrote:
> > Just got the newest issue of Practical Sailor (with a discussion about
> > insurance costs).  Also in today's mail was my Insurance declaration
> > page for this year's boat insurance.
> > Frankly, insurance for the Mighty Quinn has been a pain over the few
> > years I have had the boat. I started with Boat US, who required a survey
> > (fortunately, I had just gotten one during the purchase dance).  They
> > dropped me two years later (I have never submitted a claim on any boat I
> > have owned) saying they don't insure boats over 20 years of age....
> > I then shopped and shopped and shopped.... coming up with $1000+
> > premiums for the few who would even agree to insure an older boat!  I
> > finally found Progressive Direct, who agreed to insure if I had yet
> > another survey.
> > I have been with them for three years and the premium has stayed about
> > the same.  Can't say how they will handle a claim, but here is what my
> > policy looks like:
> >
> > 1981 Catalina 38
> > Liability to others that includes fuel spill liability: ($300,000 is
> > combined single limit for
> >          each accident).
> > Uninsured Boater $300,000
> > Medical payments:  $1000 each person
> > Comprehensive:  Agreed value of $42,000 with $750 deductible
> > Collision:  Agreed value of $42,000 with $750 deductible
> > Includes wreckage removal.
> > This policy is for a coastal limitation of 50 miles in territorial
> > waters for the U.S. and Canada.
> > 12 month policy cost:  $440
> >
> > How does this stack up?  Is there a company out there that understands
> > our boats?
> > Charles Finn
> > Mighty Quinn #114
> > Webmaster
> >
> >
> > _______________________________________________
> > Listserve mailing list
> > Listserve at catalina38.org
> > http://catalina38.org/mailman/listinfo/listserve_catalina38.org
> >
>
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......................................................................................................................
Donald R. Strong
Professor
Section of Ecology and Evolution
                  and
Bodega Marine Laboratory
Division of Biological Sciences
University of California, Davis 95616
Phone, 530 752-7886
Fax    , 530 752-1449