Insurance for small boat

[Scoop]

Thanks to reading posts on this board, I realized I did not have liability insurance on my small fishing boat (Don't know why I didn't think of it before). I called my agent and found that while towing, my car insurance covered it. For coverage on the water, they wrote a document that extends my home owners insurance over the boat at no extra cost as long as the motor is under 50HP. I did not get Comprehensive since this is the ugliest Jon boat in history with a 45 year old motor. (But it's mine all mine and gets me to where I want to fish without sinking, starts second pull every time and the wife actually found it in the newspaper and said I should buy it (Add look of shock, grin of Did she lose her mind?, and nervous look of am I stepping into an ambush?)

 

[Solittle]

Re: Insurance for small boat

Congratulations! I also want to applaud you for thinking of insurance. There are too many lawyers out there waiting for any kind of incident to clean your financial clock to go uninsured.

 

[trollhole]

Re: Insurance for small boat

I pay 10& a month for mine (96 trophy 17 footer centerconsole)

 

[bryanredfish]

Re: Insurance for small boat

Trollhole:<br /><br />How much do you pay a month??? The number didn't come out.

 

[wdriii]

Re: Insurance for small boat

When we bought our boat I called our insurance agent (where we have auto and homeowners insurance). All I wanted was liability but he was able to write a policy for liability and hull insurance for about $12 per month. The boat is a 15ft runabout, 40hp.<br />Bill

 

[tjthorson]

Re: Insurance for small boat

My 1985 Bayliner/125 Force was insured to a replacment of $7500. (yeah, really!) and was $175 per year with state farm. The new boat went up to $300/yr.

 

[rd2313]

Re: Insurance for small boat

15' alum fishing boat w/15hp- no charge for liability when towed (vehicle ins), or in water (home owners ins). But newer 16' w/ 70hp cost $2 per hundred of value. $120 per year for $6000 boat