Boat Insurance Companies

[clark]

I am looking for boat insurance and have found that companies that only insure boats seem to have a better deal. What companies are being used and do they seem to be fair and give good coverage. I have found fairly good rates with SKI SAFE and BOAT.US.

[silverski]

Are people willing to share what they pay for insurance? Something tells me my new Moomba is going to cost more than the $180 I pay to insure my 93 i/o.

[clark]

I have had prices anywhere from high $300's to $800.

I have narrowed it down to two companies. One is $390, the other is $412. Just a little different coverages.

[Will Watters]

I am presently w/o a boat until mine arrives in March. I previously insured the boat I sold with Progressive which has my RV too. Their rates seemed pretty good and they did allow a reduced coverage rate during my boat's winter storage. 400 to 800 dollars seems like a very high rate range. Anyone else use Progressive?? I never had a claim with them so no experience on how they perform for claims.

[clark]

What was the value of the boat you insured prior to this one. Progressive was mid $400's. Remember you are insuring a boat valued at approx. $35,000 - $40,000. I only found 1 quote under $400 and it was with BOAT US.

[Will Watters]

I sold my old boat for 5500 dollars. So yes, I would expect to pay more for my new one, just not sure how much. Do not know if Progressive will give me a break for insuring both or not, guess it will be worth to shop. I will give Progressive a call to get a quote to see if having the RV already gives me a break.

[clark]

Not sure. I would definitely check into it. If not, give some other companies a try. SKI SAFE will replace the boat within the first 30 months if totalled, and gives a layup discount, meaning that you can choose 4 months that you will not use the boat, and they discount it. For the Mobius LSV, it was still a touch over $400. Another item that I am NOT looking forward to is getting a tax bill for personal property on the boat. That sucks.

[Dave A]

State Farm is $610 anually on $35000 with a 500.00 deductable. I am going to check with my dealer when I go out there this weekend about companies that specialize in boats.

[clark]

Dave,

I have a friend who is a State Farm agent and quoted my $425 for $35,000 coverage if I had a boaters safety course, $473 without it.

That is another thing to consider. In Georgia for someone without a valid drivers license, you must have a boaters saftey course. My son took it online. Cost $15. I took it a few weeks ago. I now qualify for the discount.

You may want to look into that to also lower your rates. Like I said, I got much better than the $610 thru BOAT US and SKI SAFE.

Clark

[Lpfeil]

I have my outback insured with state farm for $30,000. with $500. deductable and only pay $297.00 per year. I have the safe boating course discount and also all my other insurance with them.

Larry