ace ins. 2500.00 a year with layup like markel you know your stuff is really covered , i was with farmers on my HTM it had 750 hp. i was paying 1200.00 a year found out later if anything was to have happened i wouldnt have been covered, i also disclosed to my farmers broker the truth about the motor and provided pics, he tryed to kink the system by saying it had a mercury outdrive with engine also it was a runabout, thank god nothing happened....my agent for ace is marty at charter lakes marine ins. 800-879-2248.........derek