older boats and insurance

[jmccall001]

rumor going around southern MD that the insurance companies are going to stop writing insurance on boats over 15 years old - anyone heard anything like this? My boat is almost 25 years old and in great shape - would hate to lose coverage.

 

[f_inscreenname]

Re: older boats and insurance

I have for a couple years now. I would think they would have to grandfather existing customers in though if they would do it at all. There will always be someone that would cover it. Like a classic car doesn't have the basic policy. They are insured for a lot more then blue book value but you pay for it.

 

[TilliamWe]

Re: older boats and insurance

Check out American Select Insurance company. Sold through independent agents, specifically ones who write Westfield Insurance. If you have an agentin your area, they should write a policy. I have never seen them turn one down yet!<br /><br />Hey F, I was just in Annapolis two weeks ago, and saw signs to Glen Burnie. Did you see me waiving??

 

[f_inscreenname]

Re: older boats and insurance

"Hey F, I was just in Annapolis two weeks ago, and saw signs to Glen Burnie. Did you see me waiving??"\<br />How could I not. <br /> Did you see me?

 

[Chris1956]

Re: older boats and insurance

Allstate declined to add an old runabout to the insurance policy I had with them. They will continue to insure an existing boat, however.

 

[Twidget]

Re: older boats and insurance

State farm took a picture of my '67. Im still not sure what that accomplished.