Well I went to look at a fast skater. I loved the boat but...
Only two companies are writing cat insurance, Markel & American Reliable. Only Markel will write first time cat insurance. Insiders believe that it very well could end up no one writing cat insurance. Which in turn crushes the cat market.
Now if you go out of country, lie about speed, or hp you can get insured. However I never do this because if something happens then all of a sudden you are in the same situation as if you had no insurance.
At my age and no cat ownership even if I'd take the Tres Martin class... the particular boat I was looking at was uninsurable to me.
Any suggestions???
Was told to start with a cat under 100mph for three years then american reliable would probably write a policy.
So it looks like no cats in my future.
WTF Dude J changes boats & trucks like you change socks
