Boat Insurance

[zegm]

What companies does everyone recommend for insurance?
I have about 6 weeks to find the best rates.

[dtlaine]

I found my best rate with Boat US.

[zegm]

I have to insure 2 boats now, one a 1997 Proline 231 (25ft) and the other will be the new Moomba. I am getting quotes of 800 dollars for the Proline and 400 for the Moomba. I am at a loss of why the older boat cost so much more?

[dtlaine]

I pay about 400/yr for my Moomba. I'm 26, have a great driving record, the boat sits on the dock in my back yard, and I have a $500 deductible.

[deerfield]

zegm - Insurance on my 2007 Outback is Axis Reinsurance through Geico. Annual premium was about $400. Boat value $31,000, trailer value $3,000, and $500 deductible. - Deerfield

[maxpower220]

I have used Ski Safe since my first boat in 94. They are a company from the NorthEast and they specialize in Tournament type boats. If you plan Ocean, salt water use the rates go up. Also, when getting insurance I found that very few companies cover your boat if it is damaged in a hurricane. My home insurance (USAA) does not cover it even if it is in the garage(during a hurricane). I was paying $230/yr on my MasterCraft with a layup from Dec-Mar with $20K boat, $3K trailer, and $1500 ski equipment.

[cab13367]

Just paid the bill. $344 thru American Family but I forget the details as far as deductibles, etc.

[zabooda]

Don't forget to have enough medical coverage for skiers that now includes the whole gamut of people being towed behind the boat. Also, some insurance companies give a discount for passing a boater safety course. I used the Oregon State on-line program years ago and it took very little time and you print out the diploma. Washington State is now phasing in a boater licensing requirement so I will eventually have to take that test also.

[zegm]

I think everyone forgot what my question/problem is, I don't mind paying 400 dollars for the Moomba, it is the 800 dollars for the 1997 Proline 231 that is causing me fits. This boat is worth 20-25k but the insurance is double. Does anyone have experience with Salt water fishing boats??? I average maybe 6 to 8 trips out in the Gulf a summer (used to do more but the avearge cost of gas for one of these trips is 125 dollars) so I will have to pay 100 dollars for insurance now for each trip!!!! Add the gas, oil and gas in the truck and if will cost me 250 dollars a trip! That makes the fish I catch mighty expensive!!!!

[04OUTBACK]

Zegm,
Try Progressive. WHen I had outback and SeaDoo, they gave me a combo discount. I pay the same for my LSV as I did for my Outback and SeaDoo... multi-vehicle discount. Also, I did it all online and it was cheaper than through my ALFA ins agent who sold progressive.

BW