Insurance for 42' 2005 Executioner
#1
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Insurance for 42' 2005 Executioner
Thinking about putting together a 2005 42' Executioner, with 600 HP, Bravo drives, on a trailer. I boat on the Great Lakes have a good driving record, and older than I would like to ADMIT!! Boat with trailer should be valued at $200.000.00
What should I expect? Paying $1000.00 per year on a 2001 358 Sonic now.
What should I expect? Paying $1000.00 per year on a 2001 358 Sonic now.
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Re: Insurance for 42' 2005 Executioner
Originally Posted by Downtown42
Mine is 891. yr ...05 42 Ex 525's ...Cat Killer (for offshore drillin )...210k value + Myco...Allstate...I'm in WI Lk Mich.
Been with Allstate for over 20 yrs and have most everything with them.
Been with Allstate for over 20 yrs and have most everything with them.
with progressive.
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Re: Insurance for 42' 2005 Executioner
My 38 is a 99. I pay 948/year. Insured for 125k I am 30 years old with a clean driving record. Having a clean record helps a bunch. Oh. I am with progressive.
#6
Re: Insurance for 42' 2005 Executioner
Originally Posted by Downtown42
Not sure, gave them new price when I purchased in 05 and dropped it some this year which dropped the premium about a 100 buks.
Lay up is Nov thru March. Great Lakes Mississippi river inland lakes only. If I went to FL or Gulf, Ocean I would have to call and prob pay a surcharge. 2100 deduct. Never had a boat claim in 20+ yrs of boating.
Lay up is Nov thru March. Great Lakes Mississippi river inland lakes only. If I went to FL or Gulf, Ocean I would have to call and prob pay a surcharge. 2100 deduct. Never had a boat claim in 20+ yrs of boating.
With boats like what we are all mostly buying an Agreed Value policy is the only safe way to go.
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Re: Insurance for 42' 2005 Executioner
Originally Posted by epeek
Jeez those are good rates. 05,35x paying 1700.00
with progressive.
with progressive.
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Re: Insurance for 42' 2005 Executioner
Originally Posted by FeverMike
You best know what your policy is. If you do not have an agreed value policy (which Allsate, Sate Farm and insurance company's like this DO NOT write) and your boat is a loss then your insurance company will give you "market value". So say your boat cost you $250K and you financed $200K and your boat is stolen or damaged in a tornado ect and is a loss then you insurance company will only give you a percentage of it's real worth...probably only around $120-150k.
With boats like what we are all mostly buying an Agreed Value policy is the only safe way to go.
With boats like what we are all mostly buying an Agreed Value policy is the only safe way to go.
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Re: Insurance for 42' 2005 Executioner
Thanks for the replies, I'm getting some very positive figures,and it looks like the insurance won't be an ISSUE. I will be giving Bob at World Wide a call on Monday and see what he can come up with.