This can't be right! $2,900/Year for insurance on a 21' Daytona?

[Lake Ape]

I have three different insurance companies quoting me anywhere from $2,900 to $3,400 on a '98 Eliminator Daytona 21' with a Promax 300 on it. This can't be right can it? Am I telling the agent something wrong? This is the boat:
It only has a 300 HP!
http://www2.***boat.com/image_center/data/500/2219inside_6_8_-med.jpg
http://www2.***boat.com/image_center/data/500/2219elim-med.jpg
http://www2.***boat.com/image_center/data/500/2219elimint-med.jpg
http://www2.***boat.com/image_center/data/500/2219elimint1-med.jpg
http://www2.***boat.com/image_center/data/500/2219Engine_2-med.jpg
This can't be right can it?

[diggler]

I finally found it for my 19' cat, and it was $1750 for the year. I'm ecstatic since I called over 30 different agencies before one would do it.

[BoatFloating]

It's not the HP it's the speed it can do that is killing you and the kicker is the CAT!!!! :frown:

[Dr. Eagle]

Actually you were lucky to get three companies to quote it... :lightsabe

[Goodtime$]

post in Cats n Tunnels...those guys have some insurance doods, the problem is the 21tunnel is small, altough 300hp is minor. the boat is a daytona....
best of luck, keep looking, the boat looks clean and has been for sale for a while, so you can get a deal...cheers
did u call ace, markel, etc?

[Lake Ape]

maybe the question I should be asking is am I gonna kill myself in this boat? I rode in a boat just like this one last weekend but it had a Rude Etec on it and it was a blast! I just want a nice, fast, lake boat that I can enjoy with some friends. In your guys opinion is this boat dangerous or something??

[MudPumper]

The boat is only as dangerous as the person driving it. It is an excellent riding and handling boat, you'll love it.

[beer hunter]

Catamaran insurance is approximately 3X more expensive than a comparable vee hull with equal power. Enjoy the new ride and don't fret (sp) the extra expense. :cool:

[572Daytona]

Thank god for slow jet drives :), my insurance is about a quarter of that. Technically the Daytona isn't a cat, it is a picklefork tunnel, not sure if that makes a difference to the ins companies but you may want to mention it to them. Another approach is to put a few fishing chairs and a trolling motor on it and call it a bass boat, they seem to get away with big power on small boats without paying lots for insurance.

[Jbb]

Thank god for slow jet drives :), my insurance is about a quarter of that. Technically the Daytona isn't a cat, it is a picklefork tunnel, not sure if that makes a difference to the ins companies but you may want to mention it to them. Another approach is to put a few fishing chairs and a trolling motor on it and call it a bass boat, they seem to get away with big power on small boats without paying lots for insurance.
Yep..... I used to pay about $350 a yr for My 21 Edge... :cool:

[572Daytona]

Yep..... I used to pay about $350 a yr for My 21 Edge... :cool:
You obviously didn't have the S10 wrecker on the policy then :hammer2:

[Jbb]

You obviously didn't have the S10 wrecker on the policy then :hammer2:
lol...No...Im pretty stupid....but not that stupid! :D
The S10.....x2 and Bmw....x3 wrecker has been with acceptance....and I think he is about to wear their welcome out as well.... :mix:

[Rev. Williams]

Something ain't right!! I have a 93 22' Daytona listed with 400hp and mine is $585 for the year.... PM me and I can give you my agents number. It went through Farmers, but the policy is with Foremost I believe.
What did you ask as the "greed" price??(the full replacement value) Maybe thats what is getting you the high numbers.