Where do you insure your boat???
 

I currently have mine insured with Progressive because other vendors wanted a full survey due to the age of the boat being a 1973. I could get a survey done but I didnt because i wanted it insured ASAP when i bought it so i would be covered when trailering it home. I could do a survey now but would rather not just due to time constraints.

However it is almost time to renew and I think $1,150 is a bit much for a 20 foot boat that is kept on a trailer.


Who do you use?
SOS

Re: Where do you insure your boat???
 

Wow! thats expensive, I have State Farm Agreed value coverage for 20K and I pay 32 per month 1984 Cris Craft Offshore.

Re: Where do you insure your boat???
 

I would say so as well, I have a few quotes for even more... :D

No accidents ever (boat or truck), single owner, boat is paid off, recreational use only... ????

SOS

Re: Where do you insure your boat???
 

State Farm. 1972 20' Seafari, agreed value 12.5K, $29.82 per month.

Re: Where do you insure your boat???
 

Get "agreed value" coverage your premium will be based on that $ value. otherwise if an incedent occurs the ins. co. will depreciate everything they can. If for instance you obtain agreed value coverage on the whole rig, boat, motor trailer, electronics etc. for 20k and it all gets stolen, sunk , wrecked... the ins. co cuts you a check for 20K no dickering about this or that. It may be a good idea to Base your Agreed value coverage amount on what it may cost to replace what you have.

Re: Where do you insure your boat???
 

You should contact Charter Lakes. A lot of cos. I approached wouldn't insure a boat this old.

Re: Where do you insure your boat???
 

AAA homeowners. Agreed value on my 23 for 30K I don't remember what it costs per month they tack it on my homeowners insurance. It's a lot cheaper then the amount you were quoted for a 20 footer.

strick

Re: Where do you insure your boat???
 

No return call from Charter Lakes since Friday.

My agreed policy for 15K was $1200....

We will see what Charter Lakes can do if they call back...

Thanks for the info!
SOS

Re: Where do you insure your boat???
 

Mine's 2/3 of that for more coverage through C Lakes. Here's some contact inf...

Elizabeth Bielski
Charter Lakes Marine Insurance
P.O. Box 1648
Wrightsville Beach, NC 28480
(910) 256-4148 tel
(910) 256-6844 fax
www.charterlakes.com

Re: Where do you insure your boat???
 

I use progressive for my 23 savage. Great coverage for around 450 a year even includes towing.