Stolen Boat

Major · 09-27-2018, 08:38 AM

Unfortunately, the owner didn't have insurance on the boat. In my opinion, if you can afford to own a Formula 252, you should be able to afford the $400 for insurance. I bet he wishes he spent the money for insurance now.

BroadHopper · 09-27-2018, 08:43 AM

Quote:

Originally Posted by Major

Unfortunately, the owner didn't have insurance on the boat. In my opinion, if you can afford to own a Formula 252, you should be able to afford the $400 for insurance. I bet he wishes he spent the money for insurance now.

$400 for 252? I must be lucky, Mine is only $120 all inclusive with $750 deductible.
Yes, having no insurance is crazy!

Major · 09-27-2018, 08:59 AM

Quote:

Originally Posted by BroadHopper

$400 for 252? I must be lucky, Mine is only $120 all inclusive with $750 deductible.
Yes, having no insurance is crazy!

I must be getting screwed! I pay $400 for a 2001 Maxum 2300 SC. That's where I got my number from.

iw8surf · 09-27-2018, 09:45 AM

Not having insurance??? STUPID

webmaster · 09-27-2018, 09:55 AM

I wonder how they knew it was at the bottom of Meredith Bay.

I can't find any news articles about it. If anyone finds one please post it.

strum · 09-27-2018, 09:56 AM

Not my boat I just saw the post on "I Boat on LW" Thought I would put it over here incase anyone saw anything.

I also pay 130 for all inclusive with 800 deductible.

fatlazyless · 09-27-2018, 08:49 AM

Was it removed from the deep by www.watermarkmarine.com since they are close by, and wonder how much the removal charges cost for a sunk boat like this?

With no insurance coverage, you basically become your own insurance company. Yes, like I always wanted to be my very own insurance company after a loss event ..... duh ...... not fun!

ApS · 10-04-2018, 05:56 AM

Quote:

Originally Posted by Descant

Rich people and poor people self-insure.

If a "Millennial", a high percentage have tattoos and are regulars at "recreational pharmaceuticals". They're trying to get the most entertainment out of their dollar, but are spending themselves into the poor farm. We'd have millions-more millionaires if they'd invested in Mutual Funds instead.

(Imagine—it was my union who suggested this!)

Quote:

Originally Posted by Poor Richard

That article.....wow. Melodramatic much? So the captain owns two businesses, works as an aerospace consultant, raising two girls and doesn't understand the importance of insurance?
The reward money alone covers the boat and deductible.

For a year—maybe two? I'd self-insure as well...

Quote:

Originally Posted by Major

Unfortunately, the owner didn't have insurance on the boat. In my opinion, if you can afford to own a Formula 252, you should be able to afford the $400 for insurance. I bet he wishes he spent the money for insurance now.

OTOH, if you're spending "only $120", you might be surprised who you're making rich—and how it's affecting the holidays you and yours have been enjoying.

.

fatlazyless · 10-04-2018, 06:22 AM

....it don't matter what insurance company you get ..... think of any well known brand name insurance .....plus a whole lot other lesser known insurance names ...... just that you got it ...... insurance coverage is just as important as good brakes, good tires, and good windshield wiper blades

BoatHouse · 10-04-2018, 10:36 AM

Quote:

Originally Posted by fatlazyless

....it don't matter what insurance company you get ..... think of any well known brand name insurance .....plus a whole lot other lesser known insurance names ...... just that you got it ...... insurance coverage is just as important as good brakes, good tires, and good windshield wiper blades

Is everything OK with "Fat"? I have only been on the forum for about a year, but this is the first time I have seen his posts make any sense... It is refreshing!

Phantom · 10-04-2018, 11:20 AM

Quote:

Originally Posted by BoatHouse

Is everything OK with "Fat"? I have only been on the forum for about a year, but this is the first time I have seen his posts make any sense... It is refreshing!

LOL

Give it time, he simply slipped off his med's for a short bit

swnoel · 10-04-2018, 12:28 PM

Sounds like someone pissed someone off this past summer...

The Real BigGuy · 10-04-2018, 09:11 AM

Quote:

Originally Posted by ApS

If a "Millennial", a high percentage have tattoos and are regulars at "recreational pharmaceuticals". They're trying to get the most entertainment out of their dollar, but are spending themselves into the poor farm. We'd have millions-more millionaires if they'd invested in Mutual Funds instead.

(Imagine—it was my union who suggested this!)

For a year—maybe two? I'd self-insure as well...

OTOH, if you're spending "only $120", you might be surprised who you're making rich—and how it's affecting the holidays you and yours have been enjoying.

.

I know a lot of “old farts” spending themselves into the poor farm. Stupidity isn’t the sole purview of the young!

Sent from my iPhone using Winnipesaukee Forum mobile app

Poor Richard · 10-04-2018, 03:57 PM

Quote:

Originally Posted by ApS

For a year—maybe two? I'd self-insure as well...

Or four if the deductible isn't needed

FlyingScot · 10-07-2018, 09:07 PM

From the LDS article, it seems likely that this was not as much as stolen boat as a vandalized boat. They went to remarkable lengths to sink it--what was the motive?

Jason--you might ask who wishes you ill, knows you own the boat, and has the mechanical aptitude to rig the bilge pump.

09-27-2018, 08:38 AM	#1
Major Senior Member Join Date: May 2013 Location: Laconia Posts: 1,087 Thanks: 446 Thanked 1,021 Times in 427 Posts	Insurance Unfortunately, the owner didn't have insurance on the boat. In my opinion, if you can afford to own a Formula 252, you should be able to afford the $400 for insurance. I bet he wishes he spent the money for insurance now.

09-27-2018, 08:49 AM	#7
fatlazyless Senior Member Join Date: Apr 2004 Posts: 8,787 Blog Entries: 1 Thanks: 300 Thanked 1,022 Times in 744 Posts	Was it removed from the deep by www.watermarkmarine.com since they are close by, and wonder how much the removal charges cost for a sunk boat like this? With no insurance coverage, you basically become your own insurance company. Yes, like I always wanted to be my very own insurance company after a loss event ..... duh ...... not fun! __________________ ... down and out, liv'n that Walmart side of the lake!

10-04-2018, 06:22 AM	#9
fatlazyless Senior Member Join Date: Apr 2004 Posts: 8,787 Blog Entries: 1 Thanks: 300 Thanked 1,022 Times in 744 Posts	....it don't matter what insurance company you get ..... think of any well known brand name insurance .....plus a whole lot other lesser known insurance names ...... just that you got it ...... insurance coverage is just as important as good brakes, good tires, and good windshield wiper blades __________________ ... down and out, liv'n that Walmart side of the lake!

09-27-2018, 09:45 AM	#4
iw8surf Senior Member Join Date: Jul 2018 Posts: 191 Thanks: 12 Thanked 94 Times in 55 Posts	Not having insurance??? STUPID

09-27-2018, 09:55 AM	#5
webmaster Moderator Join Date: Jun 2002 Posts: 2,459 Blog Entries: 1 Thanks: 459 Thanked 3,854 Times in 842 Posts	I wonder how they knew it was at the bottom of Meredith Bay. I can't find any news articles about it. If anyone finds one please post it.

09-27-2018, 09:56 AM	#6
strum Member Join Date: May 2018 Posts: 22 Thanks: 2 Thanked 4 Times in 4 Posts	Not my boat I just saw the post on "I Boat on LW" Thought I would put it over here incase anyone saw anything. I also pay 130 for all inclusive with 800 deductible.

10-04-2018, 12:28 PM	#12
swnoel Senior Member Join Date: Jan 2007 Posts: 529 Thanks: 83 Thanked 194 Times in 118 Posts	Sounds like someone pissed someone off this past summer...

10-07-2018, 09:07 PM	#15
FlyingScot Senior Member Join Date: Jun 2016 Location: Tuftonboro and Sudbury, MA Posts: 2,415 Thanks: 1,319 Thanked 1,029 Times in 637 Posts	From the LDS article, it seems likely that this was not as much as stolen boat as a vandalized boat. They went to remarkable lengths to sink it--what was the motive? Jason--you might ask who wishes you ill, knows you own the boat, and has the mechanical aptitude to rig the bilge pump.