Insurance...

[HollaGeo]

I have a 1987 19 Foot Invader that I bought for $2k. The boat isn't bad looking and I can probably sell it for a lot more that I bought it for. Anyway, this is my first boat and it's about time to get some insurance. I need help...The boat cost me $2k....What kind of insurance would make sense for me to get???

 

[Kenneth Brown]

Re: Insurance...

Depends on how soon it "accidently" sinks.

 

[Boomyal]

Re: Insurance...

Originally posted by Kenneth Brown:<br /> Depends on how soon it "accidently" sinks.

<br /><br />Actually, HollaGeo, IMHO for a 2 to 5k$ boat, the only thing you should get is liability. It is dirt cheap for a boat.

 

[roscoe]

Re: Insurance...

Do you own a house? Or have a renters insurance policy?<br /><br />Check to see if they will add it to that policy.<br />Mine costs me $90 for liability and $4000 worth of fire/theft coverage.<br /><br />Coverage may depend on the age, value, motor size, etc.<br /><br />For a $2000 boat, I would go with liability only.<br />If you get theft coverage, make sure it will pay a specific amount, not "book value."

 

[ndemge]

Re: Insurance...

My insurance guy put a liability policy as a rider to my home owners for $13 a month for my boat when i had it.