don't know how old you are orthos , but some of us old timers that grew up in the 60's and 70's have seen this show before . remember muscle cars ?????????? there is no doubt in my mind that ins co's don't like go fasts

 

I sometimes think I would like to have a cat but then I think about $300 - $400 a month for insurance and that idea goes out the window quick. I pay $650 a year now for my 415hp 502....

 

don't know how old you are orthos , but some of us old timers that grew up in the 60's and 70's have seen this show before . remember muscle cars ?????????? there is no doubt in my mind that ins co's don't like go fasts

Exactly - at least the auto co's back then under rated the hp numbers!

 

Let's face it....it's an expensive sport. My insurance is a small fraction of what I pay for yearly dry storage. My only option as I have no room to store it at my house.

But it's so worth it!

 

my "old" insurance company raised my permium by nearly 25% and I have never had a claim.

like I said - they're my 'old' company.

it pays to shop around.

 

I learned that you can`t have an old boat either. 20 years old is the max that most companys will insure. I finally got my 21 year old boat insured, but I sometimes think I`m paying insurance on a Cat......

 

Insurance comnpanies are in business to make a buck. Plain & simple. Cats are made to do one thing: GO FAST. Doesn't make any difference if the driver has a lot of experience, and no claims. Cats are designed to go fast. And to make matters worse, if it's not suppose to go fast, then why are most packing so much HP? More speed can result in bigger claims, if there is an oophs.

It simple risk assessment. Plus factor in some of these high profile, and high speed wrecks. It just further justifies their position.

I've been dealing with this for over 25 years with owning Vettes, and Ferraris. Same deal, they are designed to Go FAST.

 

Yeh I am an old fart, 56. I remember my mustang gt insurance when I was younger. They hated it. I then shoved a 390 in it and the hated it more. Wish I still had the car, not as fast as todays gt 500 but looked good getting there.


Not my old one "sistership" HA HA

 

Problem is we have no one to b1tch to except ourselves.
It's not the agents fault. They would rather give you good rates than gouge you. When the rates are ridiculous the agents hear a lot of b1tching, and that's not fun for them either. Yeah they get commission on the policy but, they also have to pay that BS rate. The agents have been shorted on their commissions also. It's the same old song, the big boys keep getting more of a gap from the little guy. So actually nobody wins except the BIG companies.

 

Yeh I am an old fart, 56. HA HA

HEY!!! Watch out who you are calling "old fart" :devious:

I'm not THAT far behind you
:laugher: :laugher: :laugher:

 

don't know how old you are orthos , but some of us old timers that grew up in the 60's and 70's have seen this show before . remember muscle cars ?????????? there is no doubt in my mind that ins co's don't like go fasts

Took the words right out of my mouth!

Didn't take too many years before those cars were changed to the point of going away or simply like any other car you could buy with fancy paint and no power!

 

Problem is we have no one to b1tch to except ourselves.
It's not the agents fault. They would rather give you good rates than gouge you. When the rates are ridiculous the agents hear a lot of b1tching, and that's not fun for them either. Yeah they get commission on the policy but, they also have to pay that BS rate. The agents have been shorted on their commissions also. It's the same old song, the big boys keep getting more of a gap from the little guy. So actually nobody wins except the BIG companies.

I did my bitching my not writing a check for the renewal - after enough people do that - it will get their attention.

 

Question: Knowing that insurance rates are higher on a performance boat, will you buy another??

 

Question: Knowing that insurance rates are higher on a performance boat, will you buy another??

As most people know here, my next boat is a cruiser!