Boat Insurance

[muskybob]

It's that time of year again and thought I"d do a little research. I did a search on boat insurance but didn't come up with anything helpful.

What boat insurance company would you suggest, and what is the approximate yearly rate either as basic coverage or with add-ons. Thanks for any info.

[skipper19]

http://www.erie-insurance.com/

Bob, I have mine insured here thru a local office in Albion. Not sure of the rate on what I have but it is reasonable. Check them for a Quote. Mark

https://www.erieinsurance.com/Applicati ... Type=agent

Search here for a local agent to talk to in your area

Mark

[on the lam]

This is who i use Bob, about 10 years now. I did have a claim once and they were very accomidating. Tha rates are fair as far as i can tell.

http://www.unitedmarine.net/boat_insurance.asp

[Splitshot115]

Bob,

I have mine thru the local Nationwide office and pay $430 per year with a few add-ons,

which I feel is a good price. I'd be interested to see some other figures from different companies to compare also.

Splitshot115

[Legacy]

Bob,

Erie is worth checking out. Great company to deal with.

[Misty IV]

I was shopping around, as well, recently. I currently have Allstate, and while they are good, my annual bill premium went up almost $40 this year. Boat is older, yet premium went up. I found that BoatUS has some excellent plans available, directed specifically for anglers. All the angler plans offer tournament reimbursement, should you miss a derby due to a claim. Also have a lot of standard features and coverages which other companies charge you for. I had them do up a quote for my Islander 221 with all the fishing equipment, electronics, trailer, etc, and my annual quoted premium was $260 for the high-end angler's package. I'm probably going to switch to BoatUS shortly.

[Splitshot115]

I need to check that out!! That's another $170 for the gas tank

[Misty IV]

I definitely would! I didn't look at a ton of other insurance companies, but probably 5 others, aside from Allstate, and BoatUS just seemed to be much more oriented at the boater, where-as Allstate does boat, home, car, motorcycle, etc. BoatUS knew exactly what I was talking about when I mentioned the downriggers, tackle, GPS, chartplotter, VHFx2, etc.

[muskybob]

Thanks a lot guys. I contacted Erie, United Marine, & Boat US this afternoon. I'll let ya know when I find out.

[Misty IV]

Bob,

You have an Islander, as well, correct?

[High Bidder]

Last month, after reading other posts here on boat insurance I did a little research about my policy with Progressive. I found out that all of the electronics and autopilot are considered part of the boat and are included in the value of the boat and not the value of accessories like tackle, downriggers and the like. So I had to increase the value of my boat 6k to cover these items. I also made sure that the tackle would be completely covered. Be sure when shopping for insurance to ask a lot of questions as to what is covered and by what part of the policy. It will now cost me 25% more but at least if the worst happens I'll be able to replace everything.

High Bidder

[muskybob]

Bob,

You have an Islander, as well, correct?

Yes Tag, a '96

[rustyrat]

320 a year for my islander with progressive. Full replacment value and all my gear up 10K on the gear. I'm not sure what the liability is but I know i went high on it. Like a 250k or so.

Ummmm I had to use it once. Thought my premiums would have gone up last year after the incident but thay actually went down. Not to mention I got excellent service after my wreck. I had a full replacement check 2 days after the situation and a new boat 5 days later.

RR

[seasquirrel]

My boat is insured by Progressive. Around $400 for the year. I would have to look at the breakdown on coverages as I cant remember exactly what it entails. I do know I thought it was sufficient coverage for me

[muskybob]

$255 from United Marine so far for just basic coverage

[Legacy]

Heres another one for you, the company i currently use.

http://www.charterlakes.com/

[traveling man]

i went with progressive because rustyrat had good customer service with his claim. that is what make a good insurance company. mine is about $320.00 a year but my policy is structured different than his (more on the boat and less on the equipment)

[Bad Habit]

I have United Marine Underwriters. Premium was about $240 last year for a 1986, 25' Regal. That includes agreed boat value of $10,000, a 2001 loadrite trailer and $2500 personal property. Never made a claim so I can't comment on that. Rick

Rick

[Lil Troller]

I found really inexpensive insurance through BoatUS Angler. It covers the boat and all equipment if it is on the water or on the road being trailered or parked in the driveway. They only cover BOATS

[on the lam]

I got my renewal from Untied Marine Underwriters this week. I gave Boat US a shot at the same exact coverage. They quoted me at $105 dollars more. I'll renew with UMU.

[mostlymuskies]

I have a 1998 Tracker Targa 2000 21' glass walleye boat with a Merc 250 hp outboard and Honda 15 hp kicker.I have Insurance for running Fishing Charters in NY,PA & Ohio by ACE Insurance Co. through Parsons Assoc. http://www.parsonsinsurance.com/

I have 1 million Liability & 500 thousand Medical per person,$50,000 set loss price on boat and motors,$10,000 on equipment,$3000.00 on boat trailer. No lay up period!This also includes Uninsured Operator Coverage of $50,000 incase someone without Insurance hits your boat.I also have a rider for Liability for Clients walking from their vehicle to the dock and into the boat for the Erie County Small Boat Harbor. Cost is $756 a year!

Then if you park your boat near your house remember to get a boat coverage rider on your house insurance incase of the house burning down and burning up your boat,regular insurance will usualy only cover if the fire started in the boat!

Capt. Larry D. Jones

http://www.mostlymuskies.com

[muskybob]

Thanks guys, basic liability quote from Boat US Angler is $112. I gotta call them for the add ons to see how much more for what I need.