commercial boat liability insurance?

Monterey

2009-02-02 17:49:12

Where do you all get your boats insured?



Every company I have tried (Progressive, BoatUs, etc) plainly states that no insurance will be provided for commercial boats, even if it is liability only. I have a 1940's 32 ft wooden salmon troller (not that it matters.. its is rejected just because its a commercial vessel).



I have the same problem with the towing insurance (like Vessel Assist through BoatUS), as they refuse to cover a commercial vessel.



Do fishermen have their own associations? insurance carriers?



Or do we all just go around with no liability coverage and pay $1500 dollars every time a tow is needed?



thanks,

Carol W

2009-02-03 15:43:11

United Trollers Fund provides Liability Insurance thye are located at fishermans terminal in Seattle.

gumpucky

2009-02-04 01:23:14

Talk to Griffin Mclean in Seattle.Sorry ,don't have the Phone # handy.

Jon

2009-02-04 17:46:26

There is an insurance pool called the Pacific Trollers Fund - you only pay if there's a loss, which everyone shares. You need 5 people currently in the pool to vouch for you in order to get in. I'm not sure who to contact regarding this other than the SPC at (360)733-0120 or (907) 747-5811‎.



Wells Fargo has a division which provides insurance for commercial fishing boats:



Wells Fargo Insurance Services of Oregon, Inc.

PO Box 1610

1231-A SE Bay Blvd.

Newport, OR 97365

1-541-265-4500

1-800-451-9850

Vicki_Massie@wellsfargois.com

Ramona_Holmes@wellsfargois.com

ambition

2009-02-05 17:02:03

You may find some problems getting insurance for your wood boat, I know I did even with a boat that is in excellent shape. But I did get a policy with Erven Bong & Associates and the premium is alot lower than Griffin Mclane. 1800-399-4872



Good luck

Chris