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View Poll Results: What do you pay for insurance ?

563. You may not vote on this poll
  • $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%
Page 8 of 19 FirstFirst ... 67891018 ... LastLast
Results 71 to 80 of 189
  1. #71
    OSO Moderator Charter Member BillR's Avatar
    My Boats:
    '00 Scarab Sport 302 CC
    Join Date
    Oct 2000
    Virginia Beach, VA

    Re: What Do You Pay For your boat Insurance ?

    $2900 for an '02 Top Gun wth 575's
    4% deductable
    250K agreed value

    Total Dollar Ins.- Sy. He's the best!

    Old boat:

    $1900 -for an '02 PQ 340 w/ 496HO's
    130K Value
    4% deductable

    '00 Scarab Sport 302 CC
    '02 Cigarette Top Gun TS
    '02 PQ 340
    '00 PQ 280
    '98 Scarab 22
    '97 Baja Outlaw 20
    '72 Checkmate
    '65 Glastron

  2. #72
    Registered eMotiondriver's Avatar
    My Boats:
    Pontoon 2002 Crestliner
    Join Date
    Mar 2001

    Re: What Do You Pay For your boat Insurance ?

    Quote Originally Posted by CAP071
    from what I have been reading wait until next year. OH baby it's going up again. more deaths, and stolen boats = higher rates
    Cat owners with middle class income earners will have to buy Vee's. And pay HIGH dollar to maintain the speed addiction(in power to see the same mph). Fortunately I'm over mine and will be looking for a boat like my old 38 Scarab.

    I see it coming.... Than Trader.

    I like both now it comes to, what's it worth? Maybe an older cat? Nope, was told the cats are too high of a risk. 2-3 deaths in the past year in the Cheasapeake. Insurance love and hate it, you can't win.

  3. #73
    Registered eMotiondriver's Avatar
    My Boats:
    Pontoon 2002 Crestliner
    Join Date
    Mar 2001

    Re: What Do You Pay For your boat Insurance ?

    Quote Originally Posted by Spicy
    $786.00 a year 33' Concept 2001 (renewal next week )
    Chesapeake Bay area...
    Did it go up? stay the same? fill us in for the C. Bay owners..


  4. #74
    Race Fast, Race Safe!!!! Platinum Member OffshoreRescue's Avatar
    My Boats:
    83 HydroTechnology SOB
    Join Date
    Oct 2003
    Rock Creek, OH

    Re: What Do You Pay For your boat Insurance ?

    I pay $300 and change a year through BoatUS.
    The boat is a custom built hull (1 of a kind) v-bottom
    200hp Outboard Merc
    28ft long from bow to engine
    Top speed currently 52mph

    I had to send pictures.
    The only question they asked was if I raced it or not, which I do not, but I do participate as Rescue.

    The boat is pictured just left of hear as my avatar.
    Go wide open till you see God...then brake.

  5. #75
    Toxic FORMULA Platinum Member mopower's Avatar
    My Boats:
    1989 Formula SR-1 272 t/540's
    Join Date
    May 2002
    pitman nj

    Re: What Do You Pay For your boat Insurance ?

    Heard on the news last week some A$$ hole legistator in NJ wants to make insurance manditory , like I don't pay enough car ins. already.
    If you figure out what it costs per mile for boat insurance , it's already 10 times what car insurance is.
    You can never have too much horsepower or money...It's just hard to have both.

  6. #76
    Gold Member Gold Member thedonz's Avatar
    My Boats:
    one ballsy Top Gun, a very fast Skater, one real fun Avance....oh yeah, and two Boston Whalers
    Join Date
    Feb 2003
    Vice City & Tavernier, FL

    Re: What Do You Pay For your boat Insurance ?

    Having handled numerous insurance claims for clients, I would not recommend anyone misrepresent the horsepower or the speed of the boat to lower the rate. If it is discovered, the policy is null and void and there is no coverage. Most of the time you get away with a lower payment over the years and comply with the bank's requirement of maintaining insurance. However, in the event you are involved in a serious accident, with large property losses and/or significant personal injuries, you can bet that most insurers will thoroughly ivestigate the clam and use anything they find to void coverage.

    I have had very interesting depositions of insurance company experts talking about the purported HP gains of engine modifications. Knowing the science from my own engine building/repairing days, I've had them conceed that they truly cannot state the horsepower without having the engine dynoed. And, that sometimes there is horsepower loss with a modification. I've prevailed in the coverage dispute claims; however it is a great risk to take for insurance coverage when you need it the most. I wouldn't do it.

  7. #77
    Join Date
    Feb 2002
    Where ever there is a race.

    Re: What Do You Pay For your boat Insurance ?

    You can listen to Lenny Richileau of American Marine Insurance ( in the archives of His interview is very enlighting to those insuring in the high performance market. Lenny also takes some calls from listeners and answers some emails.

    The interview was this past Tuesday night and is now available to listen to "On Demand" at in the archives.

    Enjoy the show, it will give you plenty of answers to questions you have and ones you never thought about.

    Drew, Kell, Ted, Martin and Guests

  8. #78
    Emerald Coast of Florida Gold Member Panic Button's Avatar
    My Boats:
    '86 Cigarette Cafe Racer
    Join Date
    May 2004
    Navarre FL

    Re: What Do You Pay For your boat Insurance ?

    $288/yr for $100 deductable. 23' Velocity 7.4L. First quote from USAA was $894/yr because boat went faster than 62MPH. Called back a week later and they asked how fast, I told them 60MPH and it dropped to $288.00.

  9. #79
    Registered nautiintention's Avatar
    My Boats:
    '89 Sonic 42SS
    Join Date
    Mar 2004
    Pasadena, MD

    Re: What Do You Pay For your boat Insurance ?

    '89 42' Sonic 540's $1600.00/yr with Progressive
    '87 32' Sea Ray Pachanga 454's $600/yr with USAA

  10. #80

    Re: What Do You Pay For your boat Insurance ?

    WOW!! after reading these payments i guess im lucky. $295 yr, full coverage baja 232 boss, 502ci, 70+ mph

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