Boat insurance
#1
Hi,
I'm looking to buy a Formula 242LS. Boat has a single 454 magnum.
Contacted Boat/US for insurance and they want close to $1000. Is that high? I mean the boat only goes 60mph. My last boat was a 18' Sea Ray with a 140hp motor. Top speed was 45mph and my insurance was $86/year!
I called my auto/home broker Allstate and he's going to work on a quote once I get a hull number. I also requested a quote online through "United Marine Underwriters" I think I found them through boattraderonline.
Chuck
I'm looking to buy a Formula 242LS. Boat has a single 454 magnum.
Contacted Boat/US for insurance and they want close to $1000. Is that high? I mean the boat only goes 60mph. My last boat was a 18' Sea Ray with a 140hp motor. Top speed was 45mph and my insurance was $86/year!
I called my auto/home broker Allstate and he's going to work on a quote once I get a hull number. I also requested a quote online through "United Marine Underwriters" I think I found them through boattraderonline.
Chuck
#2
Originally posted by Downtown42
I don't know where you live but that is high for sure. Mine is 620/yr...35' 502's...with Allstate.
I don't know where you live but that is high for sure. Mine is 620/yr...35' 502's...with Allstate.
620.00 a year mine, is 2600.00 42/triple/540's
I need to switch to Allstate
#6
Originally posted by chuck21401
Oh, I'm in Annapolis, MD and would use the boat on the Chesapeake Bay.
Oh, I'm in Annapolis, MD and would use the boat on the Chesapeake Bay.
#8
Registered
Joined: Dec 2003
Posts: 219
Likes: 0
From: Wichita,Kansas
Where besides Allstate is a good place to shop for insurance? Do you have everything else with them? I've had two quotes for a 38' Tempest, both about $1800.00 and one even put Kansas waters only. Hellooooooo. I live here but will be going to other places!!!
#10
Originally posted by CAP071
I've been told I can get insurance but only for rivers stay out of the oceans?
I've been told I can get insurance but only for rivers stay out of the oceans?
Right Capo??



