View Full Version : Canadians Only-What do you pay for Insurance?

05-18-2008, 07:35 AM
Please list:
1: What you pay
2: Make and Model of Boat
3: Insurance Company you use (the underwriter and not the broker name)
4: Your Age (if you want)
5: Any issues with your driving record
6: Where you are located

Me first

$ 738 incl Tax
2007 Mobius LSV
Lombard Canada
I'm 43
No issues with my record

05-19-2008, 01:31 PM
1) Roughly $500/year
2)2006 Outback DD
4)28 (was 25 when I bought the boat, no price change)
5)Perfect driving record
6) Alberta

Another note, I pay a little extra per month for replacement insurance, not what the boat is worth after it has depreciated.

05-19-2008, 06:12 PM
519.00 with tax.
2007 Moomba Outback DD
Premier Marine
2,000,000.00 liability and replacement as above plus other extras
no record
Calgary Alta

05-19-2008, 06:38 PM
I'm surprised you know what a LOONEY and a TWOONEY are as it seems most stores anywhere in the States that i have gone to will not even accept them.Lol Thats OK i hate them too.

05-20-2008, 12:47 AM
$430, Outback V fully loaded, State Farm insurance (no prior claims), 32 yrs old.

05-20-2008, 09:22 AM
No. Just want t ocompare apples to apples. Canadians pay more and I want to know if I am getting raped.

05-20-2008, 11:58 AM

Hey you might want to check out the towsmart insurance.
It is group insurance specific to towboats..
Full replacement value and it also covers the person you are pulling as well as the boat. Make sure you check into the specifics of regular boat insurance because many times the coverage you really should have isnt there!
I think I pay about 700 per year 05 outback


05-20-2008, 07:14 PM
I've been quoted $ 741.00 for 2 million from another place (Beacon) and the other was from McMichael. This is actually cheaper than the first company. While premier is much less, I've been told that they are hard to get a claim from.

05-21-2008, 07:19 PM
No. Just want t ocompare apples to apples. Canadians pay more and I want to know if I am getting raped.

Shulaj....where you should be really concerned about being raped is at the Liquor Store!! I love Canada but your alcohol prices are insane.

I can buy a 36 pack of Miller Light here for about $19 at Costco...I'm guessing it costs you about $50??


05-21-2008, 09:32 PM
we pay more for everything in Canada. i bought my 08 truck in Idaho and saved 11K on what would be a 43K truck in Calgary. booze is definitely cheaper, so is food. electronics are now about the same, furniture is cheaper, boats are priced in US dollars and with our dollar at par they are the same now too! but overall it's cheaper to live in the US. oh ya.....housing, now there is where we are bent over the counter so to speak. a beautiful 2500sqft home on 1 acre with a 1200sqft shop and amazing landscaping is around 450K in NW Idaho (which is very nice country with perfect lakes!). 450K gets you a starter home with no garage in Calgary and your neighbour's house is 6 feet away on both sides. we're actually looking into moving to Idaho and housing is one of the many positives with the US. healthcare costs more, but considering it took my g/f 4 hours to get a prescription i'd say our system is failing miserably. they say it's public 'free' healthcare, but we pay 30% income tax and $1200/yr on Alberta health care and blue cross, so how is that free??
OK i'm done with my rant. actually not quite. our gas here is the equivalent of $5/gallon and we have tons of oil right in Alberta, how fair is that? ok, have a good evening, i'm going to go look at pictures of my new boat!

05-22-2008, 12:06 PM
Pike the reason for the price difference is because we actually put alcohol in our beer not just water


05-24-2008, 03:52 PM
Ours last year was 523$