boating insurance

[torcano]

I am a soon to be new boat owner (2004 Sea Ray Sundancer). Does anyone have the name of a reputabile inurance company? I take ownership next month thanks.

 

[hazwild]

Re: boating insurance

I am a soon to be new boat owner (2004 Sea Ray Sundancer). Does anyone have the name of a reputabile inurance company? I take ownership next month thanks.

I used charter lakes.My sister-in-law turned us on to them.Now i am in NC i do not knowhow far they go.

Happy boating

 

[Silvertip]

Re: boating insurance

Every major insurance carrier in the country either provides marine insurance or has a subsidiary that does. Talk to any local insurance broker.

 

[trouttamer]

Re: boating insurance

torcano, my wife is an insurance agent and we have our boat insured through progressive. her advice is simply this, good coverage only costs nickles and dimes for our $$$ investment in our boat.

 

[Navy Jr.]

Re: boating insurance

And if you complete(d) a boating skills and safety course (state DNR, Power Squardron or Coast Guard Auxillary), you should get a certificate good for a 10% discount on said insurance.

 

[tommays]

Re: boating insurance

Beyond the basics

The fine print on sinking AND fuel spills are the most inportant items and also the most used as well as passanger medical coverage which tends to be pretty meager





Tommays

 

[amynbill]

Re: boating insurance

We use Geico for the cars AND the boat. We got a large discount for this coverage. I apologize, I cannot recall the name of the company (it is under Geico but has it's own name) but if you call Geico, they can help you. See if you can swing to get the cars over there too. We saved a good $500 overall. Excellent coverage too!

EDIT: Ski Safe is the name of that part of Geico. $335 for the year including trailering coverage and weather related damages.

 

[beezee28]

Re: boating insurance

I use Progressive. So far no problem with them. I boat went through Hurricane Rita and I called the insurance and reported the claim and within 48 hours the adjuster came and came to check out the damages and promptly calculated the damages and told me to take the boat to dealer and have them check it out and repair/replace what needs to be repair/replace. Didn't cost me anything except my deductable. They were pretty good at settling my claim.

 

[Scaaty]

Re: boating insurance

State Farm carrys everything I own...

 

[Mike2212]

Re: boating insurance

Check out www.boatinsurancereviews.com for comments from boaters experience with the different agencies.

 

[torcano]

Re: boating insurance

I have already understood that the cost to insure the boat would not be expensive ( especially compared to slip and winter storage fees) and I was looking for the name company with a good reputation. I've reached out to the CharterLakes broker to see what they come with. I can deal directly with Progressive and may do so based on the previous comment by beezee 28. I have 3 weeks to go before the sea trial and ownership a few days later. Thanks for all of your help

 

[seafox 257]

Re: boating insurance

I have both of my boats insured with progressive and I pay almost 5gs a year!

 

[dcg9381]

Re: boating insurance

I use progressive also. I think I carry a deductible of $1k - boat is insured for "agreed value" of 19k. I want to say $100k in liability off the top of my head.
$300ish a year. 385hp boat.

 

[jaxnjil]

Re: boating insurance

And if you complete(d) a boating skills and safety course (state DNR, Power Squardron or Coast Guard Auxillary), you should get a certificate good for a 10% discount on said insurance.

this is something i had'nt thought of. not so much for the discount but the safty training could'nt hurt me or my crew-girl friend-captain-WIFE
i have'nt looked but is this something i could do on-line?
i'm pretty sure we don't have a CGA here in notrh west colorado

 

[Skiuseme]

Re: boating insurance

As an Agent in Wisconsin. There are a few thing info wise that would help to sugest a company. Year, Size value, hp, and where you live. There are companies that are geared toward larger boats and some that can only go up to 26ft in length. Also be very cautious if you live on the coast or boarders. Some companies will exclude if you are traveling alot out into the ocean and accross the boarder.

I know alot of people prefer that they have an agent that is local and not just a 1-800 number. the only thime you find out youll have problems is when it comes to claim time.....



Adam