Boat Insurance

[harmsway]

I was also quoted $450 a year through Allstate. But I'm debating if I should insure it at all. I haven't insured any of my boats in the past. But then again you know how people sue if they get hurt.

[you da man]

I was also quoted $450 a year through Allstate. But I'm debating if I should insure it at all. I haven't insured any of my boats in the past. But then again you know how people sue if they get hurt.

Texas law requires bodily injury and property damage insurance on boats. NC has non insurance laws whatsoever?

[harmsway]

No insurance is required in NC unless you have a loan on the boat & then it is only required by the lender. I am sure with the amount of boaters increasing that will change before long.

[usaski1]

Boat US has ins for my Outback for under 400. full coverage, low deductible and liability.

[maxpower220]

I use SkiSafe. They insure ski boats as a specialty. I pay $320/yr for full coverage for the boat, trailer, and $5000 in gear with a $500 deductable.
I have never had a claim (since 1995), do I don't know about their service. I was pointed in their direction when I bought my first ski boat. They have consistantly been cheaper than USAA, Progressive, Gieco, and State Farm each time I have shopped around.
They will not insure your boat if you use in salt water.

[you da man]

No insurance is required in NC unless you have a loan on the boat & then it is only required by the lender. I am sure with the amount of boaters increasing that will change before long.

So IF an uninsured boat causes damage to another boat or property, what happens? Does the person WITH insurance have their own insurance cover repairs caused by the uninsured and the uninsured is sued? I know in Texas police know if your car is uninsured by just running the plate...I hope boats go this route where law enforcement can run your hull numbers.

[Razzman]

Btw, one of the reasons i use Western Marine is i have full replacement coverage if the boat is totaled or sunk and rendered useless. Was worth it to me as i have to tow at least an hour through some pretty hairy traffic at times to get to the lake.

[davidl]

American National................Under $200.00

[you da man]

Btw, one of the reasons i use Western Marine is i have full replacement coverage if the boat is totaled or sunk and rendered useless. Was worth it to me as i have to tow at least an hour through some pretty hairy traffic at times to get to the lake.

I have the same replacement coverage as well

[harmsway]

So IF an uninsured boat causes damage to another boat or property, what happens? Does the person WITH insurance have their own insurance cover repairs caused by the uninsured and the uninsured is sued? I know in Texas police know if your car is uninsured by just running the plate...I hope boats go this route where law enforcement can run your hull numbers.

That is good question. I know in NC that if you have an automobile crash in a parking lot, it is ruled no fault on either side even if it is your fault and you have to cover your own repairs. On the water may be the same way. Not saying that you can't sue the other party involved.
Boat insurance has always seemed over priced for the amount of use you actually get out of the insurance. When the boat is @ the house it is covered by home owners insurance, when you are towing it is covered by automotive insurance, if your lucky you can use it from April to October. But I guess what really is the major cost is the liabilty portion of boat insurance if someone gets hurt.