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Repower Insurance concern

Old 08-24-2020, 07:27 PM
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Default Repower Insurance concern

Iíve heard several different opinions on the matter so figured I would get a good consensus here. Iím in the process of repowering my 2002 Donzi ZFC. Iím looking at Suzuki 250s four strokes only because the Max HP stamp reads 500 hp. Back in 02 Iím not sure 300hp motors existed. My question is will GEICO or any other insurer still insure the boat if I go with twin 300s instead of 250s? The price difference between the two is less than $1k per motor. Any advice would be helpful
Old 08-24-2020, 07:55 PM
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I just repowered mine (Palmetto Custom, so no longer in production by SeaPro) with a DF 350, over the hulls recommended max hp of 300. I have progressive for insurance, and the only thing they asked is what the WOT mph would be after the repower. If I remember correctly, they stated as long as I would be under 70-74 mph there weren't any issues.
Old 08-24-2020, 09:08 PM
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Originally Posted by FLoceancpl View Post
Iíve heard several different opinions on the matter so figured I would get a good consensus here. Iím in the process of repowering my 2002 Donzi ZFC. Iím looking at Suzuki 250s four strokes only because the Max HP stamp reads 500 hp. Back in 02 Iím not sure 300hp motors existed. My question is will GEICO or any other insurer still insure the boat if I go with twin 300s instead of 250s? The price difference between the two is less than $1k per motor. Any advice would be helpful
Iím not sure about insurance but if you had some sort of transom failure Iím sure that would give them reason not cover a claim. Hell giving them any reason such as going over manufacture spec for HP is probably enough for them to deny any claim.

I would call Donzi and see what they say about the 300ís. Some manufactures advise no 300s on older models due to the torque and transom strength.
Old 08-24-2020, 10:12 PM
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Call your insurance company.

Old 08-25-2020, 05:15 AM
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Hello, not in your part of the world, but I know of one case where an inboard/outdrive config was changed to a higher power than the original boat was even offered from the factory and the boat was insured, BUT when a claim was made it was denied as had not declared the engine swap, even though the power was declared and the new engine power exceeded the manufacturers plaque on the boat, itīs a very sticky area.
Old 08-25-2020, 07:39 AM
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I stayed with hull stamp max just because I know how ins claims can go.
I would have overpowered with written exemption from underwriting but didn't feel up
to the task ( hassle )
Old 08-25-2020, 07:53 AM
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Call the insurance company. You will get to pick every answer you want here. None will be what your insurance company says about your boat.

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Old 08-25-2020, 08:11 AM
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I repowered with triple 300 yamahas, from 225's.

Doubled the replacement value of the boat. Listed each engine on the insurance.

Used a different agent, with Chubb as the underwriter. Saved $600+ dollars per year.
Old 08-25-2020, 08:11 AM
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ebay engine decals are only 89$ for the 250 version.. problem solved
Old 08-25-2020, 08:24 AM
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So long as insurance approves you're good. Once insurance gives you the thumbs up, you can really seal the deal with a new NMMA Capacity plate from Etsy: https://www.etsy.com/listing/6282112..._click=1&frs=1
Old 08-27-2020, 12:43 PM
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Originally Posted by FLoceancpl View Post
Iíve heard several different opinions on the matter so figured I would get a good consensus here. Iím in the process of repowering my 2002 Donzi ZFC. Iím looking at Suzuki 250s four strokes only because the Max HP stamp reads 500 hp. Back in 02 Iím not sure 300hp motors existed. My question is will GEICO or any other insurer still insure the boat if I go with twin 300s instead of 250s? The price difference between the two is less than $1k per motor. Any advice would be helpful

I went through the same issue when I repowered my 1997 23 Seacat a few years ago with 150 Suzukis. The 1997 plate said 280 HP max, which I think was only because the biggest Honda 4 stroke made at the time was a 140, and Seacat marketed the boat with Hondas.

It was never an issue with the insurance - I just gave them the boat and motor info, and they wrote the coverage. My own recommendation is you do not need to call them, just apply for the insurance. They have enough info from the hull and engines. Unless they kick, you have no issue. I doubt they will.

I did have an issue with the repower shop however. They were a little bothered by the plate. I researched it and found that there are no real HP limits once you get over about 22 feet. I wrote them a letter explaining this and indemnifying them, then removed the plate from the boat.
Old 08-28-2020, 12:24 PM
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You probably already know this but the 250AP Suzuki (4.0L) is basically the same engine as the 300, just a few less mph at the top end. You might not be gaining that much performance by choosing the 300.
Old 08-29-2020, 07:51 AM
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Id go with the 250s, I doubt youll even notice the difference between the 300s in your normal real world conditions/load.
Old 08-29-2020, 08:23 AM
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Do the 250s have the cpu flashed for 300 and you will think they are 300s
Old 08-29-2020, 09:16 AM
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Different carriers look at different things. I just purchased a 50' Express with 800hp Cats. Some insurance companies wouldn't touch it because of the HP. Even though it only goes 30knots top end they treated it like a quad engine go fast. Others didn't care about the HP just wanted to know the top speed.

Plus the rates were all over the place. I was quoted from $3,450 to $8,700. for the same coverage. Call you insurance company first and see what they say.
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Old 08-30-2020, 12:27 PM
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Originally Posted by Texas 17 View Post
Call the insurance company. You will get to pick every answer you want here. None will be what your insurance company says about your boat.
This is it. Also keep in mind your next insurance company.

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