Author Topic: U20 Insurance question  (Read 756 times)

John Andrew2

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U20 Insurance question
« on: September 16, 2026, 11:22:05 PM »
Has anybody checked their policy recently to see if it covers spar replacement in the case of a wind only failure? I've recently begun checking into this and both Progressive and Geico say they will only cover a spar failure if it's part of an "occurrence" (aka collision) they both say they won't cover a spar that just fails while sailing. Has anybody got any recommendations on this? this is the first I've heard of this approach from an insurance company. My agent, who insures lots of racing boats said this is the way the insurance companies get around paying for a broken spar. And what's the cost of a new carbon spar these days? Just curious... Thanks

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Re: U20 Insurance question
« Reply #1 on: Today at 03:03:04 PM »
Hi John, I use Allstate.  There is an interesting thread on the Moore24 Discord server about insurance.  Some important things to review:

  • Coverage for the true replacement value vs property tax value of the boat
  • Making sure, mast and sails have coverage
  • Variation on bodies of water.  Not a problem for many as we are based on lakes but something to consider if you're on the coast