Boat Insurance

[fridaysoff]

Hey Guys,
I've insured my 04 170cc with 60hp yamaha with the same company that I have my auto insurance and homeowners policy with and it's only $93.00 per year. I have a $500 deductible, but I was mainly concerned with a total loss. (hurricanes,etc.) It also covers $1400 for equipment, liability, and medical payments. I can't believe some of the prices thats been quoted. I guess each area is different. I did get a couple of discounts due to carrying all of my insurance with them and for having a USCG captains license or safe boating course. Good Luck.
John D.

[Sea.P.A.]

I use Old United ( www.oldunited.com ) I've used them for the last 5 years or so but do not have any claim info to share. I pay just under 400 per year which is up from 250 per year because I now live in South Carolina and will get salty. I used progressive for a while but they did not cover Oklahoma when I moved from Florida a few years ago. The prices where about the same but progressive had a 10-15 percent a year discount for no claims (not sure if they still do this). I remember progressive having a retail value replacement coverage which always made me feel comfortable in case there was a total loss and I needed a new boat.

This is for an '03 190Bay with an '03 115 Johnson 4S. The insured value is just under 15k with a deductible of $500. Hope this helps.

[Big Bites]

Originally Posted by blakinsmith

I realize this can be a polemic (chevy vs ford or lenco/bennet tabs), but wondering who y'all insure your boat with and if you are happy with any claim history. I'm soon to be an owner of an 03 210, and have been gathering quotes. Ran into a couple companies (e.g., progressive) who will only cover aluminum or glass.

Thanks.....

Progressive - Quick , competitve and easy.

[Fishahn]

USMA 84 thanks for that tidbit on USAA, I am a member and use for my auto insurance, didn't realize they do boats also, I'll check it out!

fishahn

maybe I gave them some wrong info in filling out the questions, all you folks have larger boats and they want more from me. Maybe I shouldn't have mentioned I'm in Joisey.
I will try Wiseley Marine Ins.
Thanks

[Fishahn]

just got off phone with USAA, I saved over $200! needless to say I switched to them, they wouldn't touch my Boston Whaler because the 1979 motor is 10 hp overpowered, this is a bit anal in my opinion, but my 210 went down from $487 to $267, this is based on inland lakes being primary use, however I am still covered for saltwater use. but if I lived on the coast the cost would have been higher.

Rich

[PAX]

You first have to be a US Power Squadrons member but I am paying $433 for my new 03 leftover with Suzuki 140HP and trailer. Best coverage I could find. No experience with claims.

[C Firth]

I currently have 2 boats, both of which are insured by State Farm..One boat is a 1996 Searay 27 ft..which is about $325 a year and my 01 logic 210cc,for 129.00 a year...I get a discount for the coast guard boating course...State farm has been good to me,a boat caught fire next to my searay and caused $21,000 damage to my boat (the other boat was a total loss) state farm never questioned any claim they were actually a joy to work with...however they were not as easy to work with during hurricane isabel...my advise shop for service not just price...without them I couldnt afford to deal with a 21,000 damage claim on my own...talk with other boaters see where they get good service and no problems with claims.

CFirth
-----------------
owner 01 logic 210cc 150 johnson
owner 27 ft searay....that still for sale

[Jman]

blakinsmith, I have a 2004 triumph 210, Progressive is my carrier they were real easy to deal with full coverage about 410 a year . have you purchased your boat yet? I live around central valley area purchased mine from trivalley marine in livermore. have family that I visit alot in santacruz been trying to find somewhere where I could leave my boat and trailer for a day or two while visiting my sister parking is a major problem where she lives I'm looking for a day storage without a monthly contract if you have any suggestions I would apperciate them thank you Jman

[Sea.P.A.]

Switched to Travelers from Old United since I had my home owners with Travelers. Down to $210/year from $400/year and got better coverage. I found out I was underinsured in a couple of areas. Thanks for starting this thread, I would never had thought of looking so soon after I changed to Old United.