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40-45’ Formula Regal cruisers

Discussion in 'General Yachting Discussion' started by benjay, Aug 29, 2022.

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  1. gr8trn, Feb 15, 2024
    #21
    gr8trn

    gr8trn Senior Member

    Joined:
    Dec 3, 2012
    Messages:
    803
    Location:
    OR/CA
    My insurance broker has given that as the reason my pod driven boats insurance has seen increases, among other issues. I believe pods have been replaced after sheering off and insurance has been involved.
  2. motoryachtlover, Feb 15, 2024
    #22
    motoryachtlover

    motoryachtlover Senior Member

    Joined:
    Jan 29, 2007
    Messages:
    709
    Location:
    smithfield, VA
    I have a friend who is a Volvo Penta dealer and he told me 1 pod is $70,000 his cost. So I can see insurance companies increasing their rates. $70K seems astronomical and it has me questioning my recollection. In addition it is my understanding that the joystick aspect is significant factor for inexperienced boaters being comfortable buying bigger boats. Which stands to reason that the inexperienced would be more likely to run aground at planing speeds.
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