If you are looking to insure your Antique or Classic boat, there is really only one place. Period. Hagerty Marine Insurance. Could they charge more because of that fact? Well, yes, but they don’t, in fact they spend a huge chunk of there money supporting the hobby and the community that lives on it. Something no other company does. They will insure your small dinky speed boat, or a nice Connie. They will insure the boat in restoration ( The riskyest time of owner ship by the way) or on the trailer on the way to a show….They are truly there when you need them, and there when you don’t, sponsoring shows, magazines, foundations and schools. If you think about it for a second, with all that money being spread around to help, your premium is far less than others that claim to be competitive because they make your hobby…passion, better. The competitors don’t do any of that. Other than Ski Safe who used to run the occasional ad.
So think about it. If all the companies are the same. And they are not, but let’s just say they are. Who helps you when you are not in need? Those are the folks that will clearly be there when you do need them. So for me, it’s Hagerty, hands down, without question. There is a great story going on right now regarding insurance on the Boat Buzz if you want to read about horror stories. Read here.