Boat Rentals

nobbie48 said:
I consider fiberglass hulls homogenous units, laminated with unwaxed resins so the layers chemically bond. Patches are glued on and I don't trust them.
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Fibreglass can be repaired without losing hull integrity. Damage never bothered me as long as repairs were done correctly.
 
crankcall said:
Amen to that , we spent twenty K rebuilding a four fifty four gas guzzler for a boat we paid sixteen grand for , that would sell today for twelve K


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Call me next time, I can replace a FI 454 with a drop in for $23k - includes alt, starter, water pump, manifolds, waterpump and nema controller.

$15k if you pay my clubhouse tab for the week.
 
Think he is a communist. I was pretty much stuck rebuilding that block unit , or sourcing another late eighties block . There’s six versions of the four fifty four . Wrong one means possibly changing transmission or building an adapter plate and then mounts ect . She had been oil starved on occasion so rebuild also meant new crank and cam , rockers and push rods , then it’s boring and setup for new cam , add a marine alternator/ starter , oil pump , fuel pump and it adds up on a serious overhaul . It was like jack up the carb and slide a new motor under . There’s no crate motor that goes in that hole any cheaper . My cohort on these projects is the manager of Mississauga snow plowing and public works trucks , ex private truck mechanic and a fellow that runs a high performance engine shop in Hagersville . If there is a better or less expensive choice than the marine mechanic we actually use , they would know .


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So update on the StarPort marina building cave in . The Insurers have declared all those boats a total loss , every time they moved a beam or post something else fell down. They will be scraped and parted out or some may be rebuilt , but the owners will get full insured value .
Actually good news for the owners , they will loose the boat , maybe the season but they don’t have to deal with waiting a season and it never being the same again . This is also best for the insurance company, almost ninety nine percent being Aviva / Intact.


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crankcall said:
So update on the StarPort marina building cave in . The Insurers have declared all those boats a total loss , every time they moved a beam or post something else fell down. They will be scraped and parted out or some may be rebuilt , but the owners will get full insured value .
Actually good news for the owners , they will loose the boat , maybe the season but they don’t have to deal with waiting a season and it never being the same again . This is also best for the insurance company, almost ninety nine percent being Aviva / Intact.


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What value chart would Aviva / Intact use and have the interest rate / tariff war factors helped or hurt?

I haven't followed the boat market, but it surged during Covid because travel was so restricted.

If a boater got Covid prices the payout could help if their renewing mortgage was pinching their wallets or RIFFs.

Of course, it could work in other ways, particularly for someone buying at Covid, financing and getting hit with declining prices.
 
Marine is different than auto insurance, there is agreed value , and survey valuations based on market . Your premium on a boat is usually based on your purchase price and gets updated when you pull a survey . I would estimate half the sailboats running around are under insured .
Currently there are no tariffs on boats so they are an outlier, covid did create a glut of sales . I have no doubt some of those powerboats in the thirty yr old range will be insured close to value , but it probably won’t replace the boat . In Marine Insurance if you have a hundred k boat and take home all the interior cushions , bbq and all safety equipment and decide all that stuff at home is worth fifteen k , boat gets crushed over the winter and you only get eighty five . All that crap in the garage is yours .


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crankcall said:
Marine is different than auto insurance, there is agreed value , and survey valuations based on market . Your premium on a boat is usually based on your purchase price and gets updated when you pull a survey . I would estimate half the sailboats running around are under insured .
Currently there are no tariffs on boats so they are an outlier, covid did create a glut of sales . I have no doubt some of those powerboats in the thirty yr old range will be insured close to value , but it probably won’t replace the boat . In Marine Insurance if you have a hundred k boat and take home all the interior cushions , bbq and all safety equipment and decide all that stuff at home is worth fifteen k , boat gets crushed over the winter and you only get eighty five . All that crap in the garage is yours .


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I knew a guy that was in a position to handle used machines that were being sold off. If safety items were missing the machines went cheap because they were unusable due to regulations.

He could bid on them and later "Find" the guards in a closet. He could have run for PM.
 
nobbie48 said:
If a boater got Covid prices the payout could help if their renewing mortgage was pinching their wallets or RIFFs
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Survey value will probably come into play. They’ll be pulled out by owners if they were valued over current replacement market costs, but squirreled away silently if they show a lower value than what owners think a replacement will cost.

For boats with no survey, I think it would be up to the owners to provide evaluation based on comparable options currently in the market. That will require some legwork on behalf of the owners, however if the owners don’t do that I’m sure the insurance companies will find the absolute cheapest comparable scows they can find on the Internet and try to base the claim on that.
 
PrivatePilot said:
Survey value will probably come into play. They’ll be pulled out by owners if they were valued over current replacement market costs, but squirreled away silently if they show a lower value than what owners think a replacement will cost.

For boats with no survey, I think it would be up to the owners to provide evaluation based on comparable options currently in the market. That will require some legwork on behalf of the owners, however if the owners don’t do that I’m sure the insurance companies will find the absolute cheapest comparable scows they can find on the Internet and try to base the claim on that.
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Starport owners were pretty anal. I suspect they would be near the top of valuation for a similar make/model/year. I agree insurance will probably be looking for boats for sale that have been sitting in someone's back yard for a decade to establish comps.
 
GreyGhost said:
. I agree insurance will probably be looking for boats for sale that have been sitting in someone's back yard for a decade to establish comps.
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Yep, and it’s the owners responsibility to refuse that and demand more realistic figures. In the car world unfortunately a lot of people don’t understand that you don’t have to accept an insurance companies first offer and can appeal with proof of higher valuation.

I just went through this a few years ago with our RV that was written off. The insurance company couldn’t find anything comparable and tried to use a completely different to make a model (thir attempt was the functional equivalent of trying to use a Yugo for valuation when you wrote off a Corvette) for the valuation. Their first offer was something outright insulting. I appealed for several months, it went back and forth a bunch of times. I ended up settling for almost 4x their first offer and was quite happy in the end. But they had their worst nightmare person - polite, but well informed about my rights, and very firm and committed.

I suspect boat owners will be better informed with the insurance game however. Hopefully.
 
Boat insurance is not anything like car or RV insurance, I have coverage for lack of enjoyment and use if it was damaged. If you have a boat under thirty ft , under thirty k in value you can get photo coverage, send them twenty photos of specific things and you get insured. Over that and you’ll need a survey every five yrs now . The challenge is surveyors are often writing to today’s ABYC code , and none of that was required two decades ago . The survey is supposed to find safety issues, not peeling bottom paint . I can’t take my boat out of the Great Lakes without changing insurance . Our last big boat was federally registered ( not numbered hull) so when we left Canada our OHIP stayed in place because when your on a Canadian flagged vessel , it doesn’t matter where you are , your in “Canada” while your on the boat . Actual Marine insurance is so different from what most folks deal with .


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For those following along with the Doral saga, things are into the last 48 hours before a go/no-go decision. The survey came back with some definite concerns and a lot of neglected maintenance that needs to be caught up, but o think it’s still a contender so long as the price negotiations end up where they need to be - that’s the final question as there is certainly a lot of risk given the proposed terms of sale.
 
crankcall said:
Boat insurance is not anything like car or RV insurance, I have coverage for lack of enjoyment and use if it was damaged. If you have a boat under thirty ft , under thirty k in value you can get photo coverage, send them twenty photos of specific things and you get insured. Over that and you’ll need a survey every five yrs now . The challenge is surveyors are often writing to today’s ABYC code , and none of that was required two decades ago . The survey is supposed to find safety issues, not peeling bottom paint . I can’t take my boat out of the Great Lakes without changing insurance . Our last big boat was federally registered ( not numbered hull) so when we left Canada our OHIP stayed in place because when your on a Canadian flagged vessel , it doesn’t matter where you are , your in “Canada” while your on the boat . Actual Marine insurance is so different from what most folks deal with .


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Can you federally register an Amphicar? Does the OHIP cover you once you step ashore?

My Kiwi sister says visitors to NZ are covered for accidents by their health insurance but not for illnesses. OHIP used to follow us everywhere but some time ago they stopped, using one case of abuse as an excuse.

In reality, there was limited coverage (That they tried to hide). You could get compensation based on Ontario rates. The American hospital system is largely to blame.

The current situation seems to be flip flopping.
 
No you cannot federally register an Amphicar , it’s primarily a car , but you can have historic plates .
OHIP will cover you when onboard , if you get sick on the boat and taken ashore , you’re covered . If you’re touring the Island and fall into a lava pit , no OHIP . We still carried second and third life and medical insurance when out of country on the boat . It doesn’t bother ninety five percent of boats since they never leave the country .
Our thirty ft Etchells ( sail boat) is not registered or licenced , it’s a race boat , when we trailer it to Miami for an event we have to file a hurricane plan with the insurance company, which is for boats that would be in the water , but it’s a requirement. My hurricane plan is get the boat on the trailer and get inland lol.


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crankcall said:
No you cannot federally register an Amphicar , it’s primarily a car , but you can have historic plates .
OHIP will cover you when onboard , if you get sick on the boat and taken ashore , you’re covered . If you’re touring the Island and fall into a lava pit , no OHIP . We still carried second and third life and medical insurance when out of country on the boat . It doesn’t bother ninety five percent of boats since they never leave the country .
Our thirty ft Etchells ( sail boat) is not registered or licenced , it’s a race boat , when we trailer it to Miami for an event we have to file a hurricane plan with the insurance company, which is for boats that would be in the water , but it’s a requirement. My hurricane plan is get the boat on the trailer and get inland lol.


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Up here a 9.9 HP means the boat doesn't have to be registered but, in the USA, I see canoes with numbers, usually by state. I've wondered if that affects visitors with kayaks or canoes. Come to think of it my 26-foot Chrysler sailboat was registered and only had a 9.9 auxiliary. Chrysler Sail, awesome thrust.

Back in the 1960s my brother and I helped two Aussies build a sea flea that they powered with an old 10 HP Johnson. We were launching it at Port Perry and a bystander mentioned a 10 HP needs registration. One of the Aussies retorted that the hick dufusses around there would be too dumb to notice. Then the guy pulled out his badge. We got to try the boat out and there were no fines, but a promise was made to register the thing.
 
Nine point nines exist because ten needs to be registered , most popular accessory in cottage country are nine nine stickers for the fifteen hp cowling .
In the US in some states every boat needs a reg# , canoe kayak whatever . It’s not to collect tax it’s so they know who to look for when the thing is found adrift .


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crankcall said:
Nine point nines exist because ten needs to be registered , most popular accessory in cottage country are nine nine stickers for the fifteen hp cowling .
In the US in some states every boat needs a reg# , canoe kayak whatever . It’s not to collect tax it’s so they know who to look for when the thing is found adrift .


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At one point I had a Yamaha 9.9 that looked very much like a 25

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