Charter boat insurnace

[John Hobby]

Hey guys,

Getting some quotes for insurance for charter boat. Has anyone ever used Berkley Offshore? Set value on boat of $45,000. Will get that up to $65,000.0 with new survey this April. $1,000,000 limit. Medical payments at $5,000. Personal effect at $2,500.00. $1,000 towing and assistance endorsement. Whole policy is $1,675.00. Any comments. Any experience with Berkley? Paul Nowak is the agent. Finck & Perras Marine Ins. Seems like a real nice guy. Thanks

 

[True Grit]

That sounds reasonable but the medical seems low.

 

[John Hobby]

Ya, was thinking same. What can ya get for $5,000.00? Band aide? Prob have a conversation about that with him.

 

[Fishonnelsons]

For a similar valued boat Im paying about $2900, dont have it with me so I cannot compare, but I had 2-3 quotes and that was the going rate.

 

[TAftw]

Don’t know the price as I don’t run charters, but Brendan Crawford with Carey Richmond & Viking is a great guy to deal with and can write you any policy you need for any type of work. He worked in a boatyard and knows this industry, he insures lots of the charter boats around here.

PM me if youd like his contact info, I don’t want to put it out in the open on the internet

 

[Fishonnelsons]

Don’t know the price as I don’t run charters, but Brendan Crawford with Carey Richmond & Viking is a great guy to deal with and can write you any policy you need for any type of work. He worked in a boatyard and knows this industry, he insures lots of the charter boats around here.

PM me if youd like his contact info, I don’t want to put it out in the open on the internet

At someones suggestion I have Brendan doing up a few quotes for me.

 

[MudMuppet]

Seems more reasonable than ocean marine ins.

 

[Fishonnelsons]

His quote was lower than my current on the Dyer by about $400, but would require a survey. Since I'm kind of looking to sell it decided not to go with it, but was very competitive.

 

[Genius]

His quote was lower than my current on the Dyer by about $400, but would require a survey. Since I'm kind of looking to sell it decided not to go with it, but was very competitive.

a survey would be nice to have if your selling it? Have serious buyers with deposits get access to it.

 

[True Grit]

Down here a survey is good for 5 years insurance wise. And I would think it would be helpful if you were going to sell the boat.