Insurance Information for "older" boats

[Loren Beach]

I just found this Practical Sailor video that tries to answer/rebut the several U-Tube videos that seem to be click-baiting the subject of boat insurance for all boats over 20, 30, or 40 years old.
I can relate because after we did a full re-fit of our '88 boat in 2021, our long term insurer (Geico AKA BoatUS) refused to increase our coverage to reflect the majority of the increase in value and the decrease in "age".
We then used a recommended broker who placed us with a major insurer in about 48 hours. We did prepare by getting a thorough survey before the boat left the shop, also.

Anyhow, I thought that posting up this "myth rebuttal" might be interesting to some other owners. Especially since the last Ericson rolled off the EY line in 1990, and the last ones off the PSC line in about 1997.
I sort of recall one of our site members saying something to the extent that with all of our upgrades and repairs, our boats get a bit younger every year; while we continue to age. (big sigh)

 

[Slick470]

Haven't watched the vid yet, but we ended up dropping BoatUS/Geico this last year. We never tested their coverage, but it did keep getting more expensive each year and then they started charging extra for things that were previously included, like racing coverage. They wanted a C&V survey prior to our renewal, which wasn't a big deal, but I took that as an opportunity to shop around. Found another major carrier that partners with the company we have the rest of our insurance with and it ended up costing less, includes racing, didn't require an immediate survey, and includes reimbursement for on the water towing which we were paying BoatUS for separately, so even less expensive.

 

[jhorsley]

I ended up going with United Marine Underwriters. They do old boats.

 

[Aqua V]

I've had Progressive since I purchased my boat, its now 46 years old. My experience, its is a small list of providers.