View Poll Results: What do you pay for insurance ?
$500 to $1000
200
35.52%
$1000 to $1500
100
17.76%
$1500 to $2000
75
13.32%
$2000 to $2500
55
9.77%
$3000 to $4000
60
10.66%
$4000 and over
73
12.97%
Voters: 563. You may not vote on this poll
What Do You Pay For your boat Insurance ?
05-15-2004, 03:38 PM
#61
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Join Date: Dec 2003
Location: Vermont
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Rocky, paying $600 with Allstate. Called BoatUS for a quote, and correct me if i'm wrong, but they only write up to $100,000 liability. If any of you out there have a personal umbrella policy, you better check your underlying limit requirement section for the minimum limit. Most policies require a minimum of $300,000, so if you're insured with Boat US, and get sued, you'll have a $200,000 gap in coverage. Thats a pretty big deductible.
05-15-2004, 07:55 PM
#62
Platinum Member
Platinum Member
Re: What Do You Pay For your boat Insurance ?
Watch Allstate for top speed you might need to stay uder 70!!! Or at least ot post it if it goes above.
05-16-2004, 08:15 PM
#66
Registered
Re: What Do You Pay For your boat Insurance ?
$1,800/year in Chesapeake area for 1995 Sonic 35SS. I have a DUI on my record and it's via Progressive (via a local agent)
07-06-2004, 04:51 PM
#67
VIP Member
VIP Member
Re: What Do You Pay For your boat Insurance ?
Originally Posted by Love Machine
$1,800/year in Chesapeake area for 1995 Sonic 35SS. I have a DUI on my record and it's via Progressive (via a local agent)
07-06-2004, 10:04 PM
#68
Platinum Member
Platinum Member
Re: What Do You Pay For your boat Insurance ?
Originally Posted by eMotiondriver
Too many deaths and stolen boats mine went up 100%
from what I have been reading wait until next year. OH baby it's going up again. more deaths, and stolen boats = higher rates
07-07-2004, 11:20 AM
#69
Guest
Posts: n/a
Re: What Do You Pay For your boat Insurance ?
02 252 Baja islander 415 HP (what i told them) 500 hp (what it really has), speed told them 62 mph.
Originally Posted by formula31
I never heard of an insurance company running dyno tests on an engine of a boat involved in an accident or claim. Do they do that?
I doubt they would do a dyno test, but here's the issue:
At the pottom of the policy, very close to the signature line, there is a statement to the effect of "all information herewithin is accurate and truthful to the best of my knowledge. If (the insurance company) determines any statements or information given on this application is false, untrue or misrepresented, this policy is null and void. Siganture X________________
If your boat has more HP or is faster than you have stated, you are simply not covered. Why even bother sending in the premium since you're paying for nothing. You're better off not carrying any insurance, because at least that's free. If you have a major incident (when you'll need the insurance the most), the first thing the insurance company will do is investigate to see if they can easily deny the claim. The insurance companies are pretty sharp and they WILL find out you lied and you WILL NOT be covered. Period. Then when some person's family is sueing for everything you got, you'll realize that good insurance is priceless.
If I were you, I would go find out how much it's going to cost you to be COVERED, because they way you're stating it now, your NOT!
Last edited by Ranman; 07-07-2004 at 11:22 AM.
