obtaining insurance

I currently own a classic (1961) 53ft wooden pilothouse motor yacht. She is a project boat that I'm trying to sell due to having bought another project boat. If I can't sell her for a reasonable price I will end up scraping her. This would be a huge shame.

Does anyone know if I can get insurance on her with out a survey so that I can get her to the hard and/or leave her at her slip. The marina where shes at (Sanford, Florida on the St. Johns River) is requiring 300k liability insurance.

She is a very interesting boat. I posted her in the market place forum.

Any input would be greatly appreciated.

 

I'm not sure which yacht your have Bill, but I'm sure I've seen you around when I was at the marina (or the bar).

Yep, you'll need insurance for a haul out. You'll also be required to sign off on a damage waver before they'll put the straps on you.

I Would strongly recommend you haul out some place other then Sanford. Their two strap lift will very probably damage the yacht. You need a bigger, three strap lift. You'll have to travel further up the Saint Johns river to get at a travel lift big enough to haul you out. In fact I'd be really surprised if Steve (yard foreman at Sanford Boat Works) would be willing to haul your boat on their lift. It will likely be above his weight limit which is probably in the 18 ton range.

They used to have a dry dock that could handle you, but I was the last person to use it with a 16 ton boat several years ago. It has since been torn partly down and isn't serviceable the last time I was there. They didn't have plans to repair or replace that dock.

Talk to Steve and see what he says, but you'll need valid insurance and a waver and most any marina. Most insurance companies will require the survey, but if you explain you just need it for a haul out then they may just accept a previous survey if it's not too old. If you do need a survey, I might be the one performing it, depending on which insurance company you select.

 

yes the company Pantaneous, insured me sight unseen upon the hard
they are worldwide and have a great reputation

 

Thanks PAR

Thanks for the reply PAR

I am currently the proud owner of “Island Woman”. I was at the Marina for a few days at a time from mid March till a couple of weeks ago. I was the one with the 4-door white ford pickup towing a dump trailer full of tools and supplies. I frequented the bar a few times after 7:00 p.m. when I was there.

I’ve checked out having her pulled she weighs close to 30 tons and draws almost 5’ so not a lot of places to pull her. If I did not buy the Hatteras I was planning on pulling her at a yard named Green something or other. I believe the place was about twenty miles north of Sanford. Sorry I don’t have my notes with me right now. They were willing to pull her with 4 straps and let me stay on her while I worked on her at a very reasonable rate. They did want a personal check in the amount of $1,500.00 to hold on to until she was re-launched.

Her being uninsured at this, I’m keeping everything I can on the down-low with the marina and their turning a blind eye for the time being.

The type of insurance I was inquiring about is either a bridge type insurance to cover her on the way to pull her or perhaps insuring her only while she is at the dock to keep the marina off my back.

I guess it might be possible to have her towed or captained by someone who has insurance that would cover her while underway.

I’m also going to post a new thread regarding the repairs I believe she needs.

While I’m a new member, I have been visiting this site regularly for the past few years and have read many of your post. I respect your opinions and insights and greatly appreciate your input.