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Insurance & top speeds

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Old 09-08-2007, 01:13 PM
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Default Insurance & top speeds

i was talking to my progressive agent and was told that my max speed could be no faster than 75 but a bass boat can be insured up to 90mph.

Why is it that a smaller less stable boat is allowed to be insured for faster speeds?does not make sense to me
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Old 09-08-2007, 02:40 PM
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yeah, I don't get it either........
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Old 09-08-2007, 04:09 PM
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based on the amount the boat is worth and insured value is in the case of a loss. don't hear about many bass boat incidents.
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Old 09-08-2007, 11:19 PM
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bass boats carry inland coverage only as well...most offshore stuff needs well OFFSHORE coverage....
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Old 09-09-2007, 12:28 AM
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I dont know if this is cheap but my 25ft convincor with a 454 motor, my insurance is only $485 for the year. I dont know if that is cheap but that is what it is. John
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Old 09-09-2007, 06:30 AM
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Quote:
Originally Posted by GEORGE YURICK View Post
bass boats carry inland coverage only as well...most offshore stuff needs well OFFSHORE coverage....
True......and a 90 MPH 39 OL cost a bunch more to replace as well as the amount of damage if it hits another vessel at high speed. Ocean, River and lake boating insurance all have different premiums assigned to them with ocean being the most expensive with all the surcharges.
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Old 09-09-2007, 08:05 AM
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The cost of the boat, any boat, is peanuts as compared to what personal injury costs can be.

Just a thought........Maybe bass boats are cheaper because they normally have a max of 2 people on board. As compared to a pleasure boat with 2-6, or more. Plus, you don't hear of DUI's and night time collisions on bass boats nearly as often.
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Old 09-09-2007, 09:28 AM
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Progressive SUCKS A$$! Steer clear from them!
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Old 09-09-2007, 09:55 AM
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Quote:
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Progressive SUCKS A$$! Steer clear from them!
Do you have a reason for making this statement? I used them on my last boat as their rates are close to half of what the big boys charge. Then again, I never had a claim.

Yeah, the bass boat statement is the exact same thing Bob Luellen said to me when I was looking for coverage on my new boat.
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Old 09-09-2007, 10:08 AM
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I had a theft claim. They don't pay! They want to believe YOU are the guilty person.
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