Insurance will not be renewed

Been hauled out frequently in SE Florida, never been asked for proof of insurance.
(That I can remember, perhaps I have dementia, but if the yard has the boat on the stands, they effectively have a lien (the boat) and won’t launch the boat until I pay whatever they ask)
Granted, I only deal with smaller boats, 40’ or less, but can’t remember having to show proof of insurance.

Even the marinas are asking for insurance.

Also SE Florida and have used yards from Pompano to up the river in Ft. Laud. to Dania and never asked for insurance.

I just signed a contract with Safe Harbor for winter storage. Insurance information was part of the contract. My yacht club required it as well for at least 5 years.

We were just notified by our agent. Not renewing after November.

Which company and what was their excuse? (Older boat, no recent survey, too many claims, or just F.U.?)

I use Charter Lakes, up for renewal soon, not heard any bad news yet.
(Kind of hybrid policy, Recreational with 24 Commercial Charters allowed per year.)

That is a bummer. Post the company name so all those that have a policy with them will get a heads up to inquire as to their status.

There have been thousands of non-renewals for Florida home and boat insurance recently. Our agent is hard to reach, has been scrambling to find new property and boat insurers recently.
Just found this for Florida cancellations: Statutes & Constitution :View Statutes : Online Sunshine (state.fl.us)

Non renewals are quite common right now. I'd advise everyone to have a good independent marine broker who can advise them and can find other policies. The marine market has especially been squeezed this year by Geico discontinuing the use of independent agents and deciding only to sell directly plus Geico discontinuing certain policy types altogether.

Finally back at my desk.
Agent called and above post was a poorly typed from my cell phone.

Geico.
No claims ever.
No survey hits ever.
42 year old Bertram 58MY.

We will try Geico directly tomorrow.

Who is your agent? They should be working on finding a replacement policy. I suspect with your boat's age, Geico won't take it directly either. Geico is focusing on smaller, newer boats. They've eliminated their Charter Program, code CBT, and their Super Yacht Program, code SSY.

I know Novamar had a lot of Geico customers and was working hard to place them elsewhere.

Geico had no problem renewing my 1979 Bertram. Never even asked for a survey.

Our agent is working on a replacement policy. Afraid we have been caught up in the old boat excesses.
F M

Is your policy direct or through Boat US?

Stand by for that call.
Month old thread. Didn't think we would be called, till today.

It was but I recently sold and cancelled the policy. They sent a renewal for my smaller boat but increased like 12% and cut the insured value even more so I had Charter Lakes shop it and did a LOT better. I also had both of them provide quotes for when I find the replacement and Charter lakes also did a LOT better. Ever since Boat US turned to Geico their rates kept going up. Shame on me for not shopping when that change first took place.

If it is through an independent agent, no Geico policy will be renewed.

Thanks for the reminder. They will shortly get my 2nd cancelation call. First boat was sold; other one written by another for a LOT less.

PS They sent the following about 3 weeks ago; then followed up with a quote, but I won't be handing them anymore money. Maybe due to Boat US Membership.
"Thank you for your email. Our Insurance team is processing your request and will respond to you within the next business day. If your email includes a survey attachment, you will be contacted within the next 2 business days. Please be aware, coverage cannot be bound, altered or cancelled via email.

Thank you for choosing GEICO Marine.

I know of many 50 year old boats which are in better shape than most 5 year old boats, but insurance companies seem to be focusing on age rather than condition. One would think that modern data systems would make it easier to segment the market, but they seem to prefer blunt instruments.