Lake Michigan Resident and Never Owned A Boat. Whats A Good Length To Start Out

If you go big, go to Chubb. If you go smaller/trailerable shop around.
 
sbw1 said:
Insurance can be resolved by working with a captain for a short period of time. I have a friend who bought a 60 foot Hatt as his first big boat coming from smal MC sailboats. Needed a captain aboard until he was trained to handle the big boat. Went onto cruise the power boat all over the Great Lakes for many years. But you raise a good point.
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More recently it is harder to get insurance on larger boats, especially with minimum experience. Many people in a "Great Loop" forum that I participate in have brought up that issue over the last several years.
 
sbw1 said:
Insurance can be resolved by working with a captain for a short period of time. I have a friend who bought a 60 foot Hatt as his first big boat coming from smal MC sailboats. Needed a captain aboard until he was trained to handle the big boat. Went onto cruise the power boat all over the Great Lakes for many years. But you raise a good point.
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Debbie Downer here -
Insurance is changing nationally for larger boats and not for the better; it's becoming a specialty market.
Companies are reducing risk making it less attractive to own a larger boat.
The killers are -
Boat is located in a wind risk or lightening prominent area.
Boat is greater than ten years old
Boat is greater than 50 feet in length
Owner/captain has not completed as a minimum the USCG boating safety course.
Owner/captain does not have a justifiable history in boating and can't provide a suitable list of the boats owned.
Has had an insurance claim within 5 years.
Insurance credit score is below 675.
Boat is out of date on fire safety equipment.
Insurance surveys have any Type A or Type B findings. Sometimes even Type C findings.

Florida is the most difficult and expensive but it is creeping northward and westward.
 
ttmott said:
Debbie Downer here -
Insurance is changing nationally for larger boats and not for the better; it's becoming a specialty market.
Companies are reducing risk making it less attractive to own a larger boat.
The killers are -
Boat is located in a wind risk or lightening prominent area.
Boat is greater than ten years old
Boat is greater than 50 feet in length
Owner/captain has not completed as a minimum the USCG boating safety course.
Owner/captain does not have a justifiable history in boating and can't provide a suitable list of the boats owned.
Has had an insurance claim within 5 years.
Insurance credit score is below 675.
Boat is out of date on fire safety equipment.
Insurance surveys have any Type A or Type B findings. Sometimes even Type C findings.

Florida is the most difficult and expensive but it is creeping northward and westward.
Click to expand...

Shoot, up in Michigan all the insurance carriers care about is that you get the boat out of the water before it freezes. Ohh and that we don't take the boat to Florida :):)
 
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