RIB Insurance? - having trouble finding INS....?

[StrongCo]

Looking for reccomendations on RIB ins. companies... The typical co's I approached do not underwrite inflatables....

Located in Florida USA

Thx.

[captnjack]

Are you looking for boat insurance or yacht insurance?

I have full replacement boat insurance through Progressive, never made a claim (yet) but they were cost effective and their policy details seem to be ok to me.

[StrongCo]

full repl. boat insurance - I will call them today.

Thx.

[ssobol]

I have insurance on my RIB through Progressive. There were no issues getting full coverage.

Last year my 2 month old RIB blew off the trailer while I was towing it because the nose strap broke. I called the insurance company and sent them some pictures. They send an adjuster around and totaled the boat.

Gave me a check for the entire rig including reimbursement for the registration fees paid to the state.

Took about a week to get the check.

[captnjack]

Sorry about your boat but good to hear about your positive claims experience SSOBOL. Thanks

[jyasaki]

I have mine through BoatUS' underwriters. Agreed hull value (which I should probably adjust, as prices have gone up.) Was cheaper than Progressive, but that was about 6 years ago when I compared. Downside is that you need to be a BoatUS member; upside is that some of the perks are worth having (towing roadside assistance, etc.)

jky

[Stoo]

We are with State Farm up here in Canada. $120K full replacement with $5K deductible and the premium is abut $1200 a year. (We insure 3 cars, 2 homes etc and the boat)

[jyasaki]

Just reread your message. I doubt you'll find an application which has "RIB" listed as the boat type. I think I used either "Runabout" or "Sport boat" rather than try to explain what a RIB is. That said, "Polaris Inflatable" went down as the manufacturer, so it wasn't as if I was hiding anything.

jky

[captnjack]

Originally Posted by jyasaki

Just reread your message. I doubt you'll find an application which has "RIB" listed as the boat type. I think I used either "Runabout" or "Sport boat" rather than try to explain what a RIB is. That said, "Polaris Inflatable" went down as the manufacturer, so it wasn't as if I was hiding anything.

jky

I did exactly the same.

[macbheath]

Good information.. I just got mine thru BoatUS. As the inflatable collar barely touches the water and the fiberglass hull would float with flat tubes it seems they are closer to hard boats than full inflatables. I finally gave up trying to finance my boat, paid for the hull and financed the motor and accessories thru Yamaha.