Insurance

PDQ issues applicable across all PDQ Yachts (or if you can't find a place for something, it probably belongs here for now)
Post Reply
bg5w
skipper
skipper
Posts: 84
Joined: Wed Mar 02, 2011 4:46 pm

Insurance

by bg5w » Thu Oct 31, 2013 8:45 am

I recently relocated my PDQ 32 from Hilton Head SC to Bradenton, FL. I notified my insurance company of the move. My annual premiums are to be increased from $1400/year to $4200/year! This is obviously due to increased risk from 'named' storms. I am currently with Progressive, and have never had a claim with them.

If I raise the dedductible for a named storm from $5000 to $10000, the premium is reduced to $3200.

What have others done in the fine state of Florida to help control insurance costs? No - can't blame this one on Obamacare-

Bob Gruber
Island Time 32

User avatar
chicagocat
admiral
admiral
Posts: 181
Joined: Tue Aug 03, 2004 2:39 pm
Location: Chicago (36052)

Re: Insurance

by chicagocat » Thu Oct 31, 2013 12:23 pm

Bob,
I pay $1200/yr for the Anne Z in Chicago and $3200/yr for Cat Tales in Punta Gorda (with $10K named storm deductible). That's from Progressive through USAA. So about the same as you.

I got a quote a couple months ago from Sam Densler's guy in Florida, but Sam got grandfathered into a pre-hurricane program and they can't offer a rate that cheap anymore. Best he could do was $3800 with 10K storm deductible.

My policy is prepaid for the year and expires in December, so I'm starting to shop around more. I'll post what I find, but I'm not optimistic that it will be cheaper.

Brendan
PDQ 36052 - 1996 LRC - "Anne Z" - Chicago
and 2001 PDQ 36 Classic (Tall Rig)- "Cat Tales" - Punta Gorda, FL

User avatar
SecondWind
admiral
admiral
Posts: 404
Joined: Sat May 08, 2004 8:57 am
Location: Punta Gorda, Fl (33950)
Contact:

Re: Insurance

by SecondWind » Fri Nov 01, 2013 6:59 am

Try these people. Don't know if they can do any better, but it's worth a phone call.

Traci Meier
Customer Service
Mariners General Insurance Group
417 12th Street West, #107
Bradenton, FL 34205
Ph: 941-708-5018 / Fx: 941-866-0218
Toll Free: 800-914-9928
Traci@marinersins.com
www.marinersins.com
Be Our Fan On Facebook
www.facebook.com/marinersins
Terry Green
s/v Second Wind
36040

duetto
admiral
admiral
Posts: 750
Joined: Wed Jun 15, 2005 11:18 am
Location: ICW (32043)

Re: Insurance

by duetto » Fri Nov 01, 2013 3:49 pm

hi bob,

is the boat always in the water?
john & diane cummings
duetto mv34 #23

User avatar
Lady of the Lake
Site Admin
Posts: 625
Joined: Wed Dec 22, 2004 1:37 pm
Location: Punta Gorda, FL (36015)
Contact:

Re: Insurance

by Lady of the Lake » Sat Nov 02, 2013 10:41 am

My guy is now able to write those policies again! You ALL need to call him, far and away the BEST rates out there...And I had a total loss claim on my pre-PDQ vessel and they handled it perfectly...

Paul Phaneuf
(813) 353-0303

Ask to talk directly with Paul for the boat rates. You can tell him I sent you. I have no financial interest here, just a very happy customer. I now have EVERYTHING with him...

Sam
Sam and Gina Densler
s/v Lady of the Lake
PDQ36 Hull #15
Punta Gorda, FL

bg5w
skipper
skipper
Posts: 84
Joined: Wed Mar 02, 2011 4:46 pm

Re: Insurance

by bg5w » Thu Nov 21, 2013 12:37 pm

Terry,


A huge thank you for the tip. I contacted them and now in the process of insuring with Seaworthy Insurance Co. Instead of my annual rate going from $1400 to $4200, it's now only going up to $1700 per year - same coverage as before.

Bob Gruber
Island Time 32

jak430
skipper
skipper
Posts: 51
Joined: Fri Jun 26, 2009 11:07 am
Location: Mexico (32017)

Re: Insurance

by jak430 » Sat Dec 21, 2013 12:47 pm

Sam,
Called Seaworthy Insurance but they will only insure Florida residents.
John
PDQ32
'DreamCatcher'

User avatar
Lady of the Lake
Site Admin
Posts: 625
Joined: Wed Dec 22, 2004 1:37 pm
Location: Punta Gorda, FL (36015)
Contact:

Re: Insurance

by Lady of the Lake » Sat Dec 21, 2013 1:58 pm

John,
I am recommending the following:

Allstate/Castle Key
Paul Phaneuf
(813) 353-0303

Sam
Sam and Gina Densler

s/v Lady of the Lake

PDQ36 Hull #15

Punta Gorda, FL

jak430
skipper
skipper
Posts: 51
Joined: Fri Jun 26, 2009 11:07 am
Location: Mexico (32017)

Re: Insurance

by jak430 » Mon Dec 23, 2013 2:37 pm

Sam,
That is the place I called and they said they were only licensed to sell insurance to Florida registered boats.Matt Barres, referred me to Total Dollar Insurance. I have not contacted them yet.
John
PDQ32
'DreamCatcher'

User avatar
MIDORI
skipper
skipper
Posts: 77
Joined: Sun Oct 22, 2006 1:13 pm
Location: Manitoba Canada

Re: Insurance

by MIDORI » Fri May 02, 2014 7:35 am

I have followed Sam's recommendation and received good service from:
Allstate/Castle Key
Paul Phaneuf
(813) 353-0303

Brian
sv MIDORI
32032
Brian

Phenix
Site Admin
Posts: 181
Joined: Tue Feb 03, 2004 4:58 pm
Location: Chicago (32007)

Re: Insurance

by Phenix » Sun May 04, 2014 2:08 am

When Phenix started doing charters, I had to switch from State Farm. I now have Seaworthy. I am in Illinois. Rate quoted was half of what others quoted. My contact:

Susan A. Coates
sac@offshorerisk.com
Offshore Risk Management
www.offshorerisk.com
Telephone 305-743-7711
--

Post Reply