Insurance cost
#1
Guest
Posts: n/a
Insurance cost
I'm not sure my insurance guy is giving me the straight scoop. The boat is a Baja 272 1999 with a 454 mag rated at 385 HP, rated at 68 MPH and valued at $68,000.00. I was paying $2,000.00 per year. Then found Progressive at $500.00 per year. Now I've had a claim and Progressive says that they made a mistake all along and they have to raise my rate to $1,136.00 per year - They say I was 'lucky' to have had it at the mistaken rate of $500.00. Also was quoted $1,978.00 for a 2003 Baja 33 Outlaw with 2x496HO's. Anyone care to share rates for similar boats?
#2
Platinum Member
Platinum Member
2001 25 Outlaw, 496HO, rated at 65mph, agreed-hull-value policy for 65000, 100/300 liability, 500K enviro protection(fuel spill, grounding, etc), year-round use, 25mile offshore navigation = 1300.00/year with boat-us.