| More than one way to skin a cat
As of a few months ago at a Trawlerfest in Stuart, I was made aware of some mind boggling changes to the boat insurance landscape, especially here in Florida.
The party line was that older than 20 years, fiberglass boats would not be insurable. 15 year old metal boats, ditto. Deductibles were going to 10% so that the owner could not just walk away come hurricane time.
Yes, Lloyds would handle all these... for the time being until their actuarials made changes.
True?
Maybe.
The folks who insure our company's new imports and new US builds had a softer take because he knows us and what we sell.
It's kind of like an old 58 Hatteras LRC, he said, compared to an almost new poorly built boat---have to take each boat on it's own merits.
Most insurance companies might not take such an enlightened view, so it definitely will pay to do your due diligence and not just rely on an underwriter of last resort.
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Insurance assurance 
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