[Rhodes22-list] Rhodes Boat Insurance Cost

[Jay Friedland]

Roger, Just wading through 2 weeks of e-mails and haven't read your 
response yet on additional halyard. Thanks though in advance.
Jay

On Monday, February 3, 2003, at 08:32 PM, Roger Pihlaja wrote:

> Jay,
>
> We added a special watercraft endorsement to our homeowner's insurance
> policy.  We insure thru the Cincinatti Insurance Co.  We have a "stated
> value" policy with the coverage limits on the boats, outboard motors,
> trailer, & accessories each listed separately:
>
> Item:                                              ACV       Deductable
> Single Limit   Property  Medical Payment
>                                              Coverage Limit
> Bodily Injury  Damage          Limit
> 1976 Rhodes 22                           $6500           $250
> $500,000      $500,000       $1000
> 1996 Honda 8 Extra Long Shaft    $2000           $250
> Outboard Motor
> Accessories (Listed Separately)    $8650           $250
> 1977 Lil Dude Tandem Axle         $1000
> Boat Trailer
> 1996 Bear Inflatable Boats            $1500           $250          
> $500,000
> $500,000      $1000
> Model: Grizzly - 10' Roll-Up
> 1999 Honda 9.9 Standard Shaft   $2120            $250
> Outboard Motor
>
> The "accessories" include things like my spinnakers, on-board 
> electronics,
> autopilot, custom stainless steel railings, custom bimini top/boom 
> room,
> on-board stereo, custom galley & built-in 2 burner LPG stove, etc.  
> Thus,
> against a total loss, Dynamic Equilibrium is insured for $18,150.00!  
> The
> annual premium for the R-22 is $129.00 & $62.00 for the inflatable.  
> Perhaps
> you could work a deal like this with your insurance agent to get the 
> kind of
> coverage you want.  It's much easier to prove the value of a piece of
> hardware because you can pull out a catalog & show your insurance 
> agent the
> current price.
>
> Good Luck!
>
> Roger Pihlaja
> S/V Dynamic Equilibrium
>
>
>
>
>
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