Boat Insurance ?

N1265

N1265

Petty Officer 1st Class
Joined
Oct 17, 2010
Messages
200
I am conserned that if my boat should happen to sink and the Coast Guard makes me raise it , that the cost would be more than I can handle.

So I am wondering where do you guys buy your boat insurance at ? years ago I had a rider on my home owners policy to cover a boat but I am no longer with that carrier.

I am not conserned with the boat itself because I only have $800. into it, just the cost of raising it if something goes wrong...


Also have any of you guys had to deal with raising a boat from the bottom ? if so what it cost ?
 
D

df909

Petty Officer 1st Class
Joined
Nov 28, 2009
Messages
333
Re: Boat Insurance ?

We have Progressive and so far are happy with them. Of course, all they've done so far is take our money. We haven't had a claim with them for anything. By the way, I think we pay $20 a month for ful coverage that includes towing, hitting a submerged object, lifting the boat out of the water if it's sunk, and for environmental damage.
 
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Pugetsound

Lieutenant Commander
Joined
Apr 5, 2009
Messages
1,824
Re: Boat Insurance ?

df909 said:
We have Progressive and so far are happy with them. Of course, all they've done so far is take our money. We haven't had a claim with them for anything. By the way, I think we pay $20 a month for ful coverage that includes towing, hitting a submerged object, lifting the boat out of the water if it's sunk, and for environmental damage.
Click to expand...

WHO - Who= dat be For pres and v-p of what??????????????????
 
fshngho

fshngho

Lieutenant
Joined
Apr 1, 2009
Messages
1,332
Re: Boat Insurance ?

Although the value or replacement cost of your boat is important, even more important is if you were to have an accident (God forbid). Towing fees can run well over a grand and if anyone were to be hurt on your boat or by your actions....get some insurance. It's really not that expensive for the basic kind.
 
Deadwood

Deadwood

Chief Petty Officer
Joined
Jan 21, 2010
Messages
442
Re: Boat Insurance ?

Progressive. When a wheel bearing went south on my trailer :eek: the flat bed towing cost went over my AAA coverage. Progressive picked up the difference no questions asked.
Easy to do on line also.;)
 
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df909

Petty Officer 1st Class
Joined
Nov 28, 2009
Messages
333
Re: Boat Insurance ?

Ever see Fast Times At Ridgemont High? It's a movie from 1982. Spicoli was the stoner, surfer that was a moron & Mr. Hand was his English teacher. It was a bit of a political message that if I explain I imagine the post will get closed and some people will get pissed.
 
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Pugetsound

Lieutenant Commander
Joined
Apr 5, 2009
Messages
1,824
Re: Boat Insurance ?

The one with Shawn Penn ?Crazy saw it on Yv couple of nights ago. Crazy
 
elkhunter338

elkhunter338

Master Chief Petty Officer
Joined
Jun 27, 2009
Messages
818
Re: Boat Insurance ?

I use state farm, which is where i have my home/auto/boat/some of my life insurance.
I have a replacement cost that chose on the boat, and all the other coverage.
Towing insurance is covered via my vehicle because I pay towing insurance and it covers trailers.
I had a boat motor stolen out of my pickup in 2001, I had insurance on my boat/motor (14' car top, on the boat rack, motor in the back locked in a canopy and chained). I called state farm and they where willing to send me a check that night for what it would have cost to order a motor from cabelas. I told them wait until I price one locally which I saved them a few hundred dollars. Got a check right away with no questions asked. So far that is my only boat claim and would love to keep it that way.
 
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Pugetsound

Lieutenant Commander
Joined
Apr 5, 2009
Messages
1,824
Re: Boat Insurance ?

I also am over insured with State Farm. Every thing I own covered. They replaced two stolden motors and never a bad note from them They have been very helpfull. However very well paid.
 
G

GL Carvajal

Recruit
Joined
Dec 29, 2009
Messages
3
Re: Boat Insurance ?

Guys,
One thing you are missing here in your discussion is Liability / Bodily Injury Coverage on your boat. If for instance you hit a submerged object or run into the shore at night at cruising speed, and your passengers get thrown out or banged against hard surfaces....you will wish you had Liability when your best friend's lawyer sends you greetings and copies of the hospital bills.

As an insurance agent, a number of companies will provide boat policies with Liability Coverage just like your car...

Check with your agent...and if not check online....but make sure your policy has enough Liability / Bodily Injury Coverage....

Got My 21 foot Starcraft covered with $300,000 Liability and $5000 in hull coverage for $130 a year....


Garo
 
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Pugetsound

Lieutenant Commander
Joined
Apr 5, 2009
Messages
1,824
Re: Boat Insurance ?

I also have liability on all my toys . You never know and when you have it you dont need it. ( did Yogi Berra say that??
 
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