Re: What Do You Pay For your boat Insurance ?
 

2 F'n much!! :mad:

Re: What Do You Pay For your boat Insurance ?
 

the answer I got was yes! if its over 500hp you gotta pay :mad:

Re: What Do You Pay For your boat Insurance ?
 

5250.00/yr with an 8 month layup, 11k deductable. 37 Outerlimits Quadstep, w/twin 1000hp.

Re: What Do You Pay For your boat Insurance ?
 

What do you guys think premiums will be in 3-4 years. Will they level out somewhat, or be cost prohibitive?

Currently boatless so 0, last boat was paid for, so I lived dangerously w/o insur. Prior boat ran 525's and insur. was jumping 20-30% Each renewal. Next boat is gonna make me think twice about buying when I price insur.

By the way I think many firms look at highway speeding tickets as an opportunity to upcharge on boat coverage.

Re: What Do You Pay For your boat Insurance ?
 

State farm just dropped my policy so now im on the hunt for insurance in south Florida, No one wants to write a boat policy, they lost their azz with Wilma last year now I cant even GET insurance.
GRRRRRRRR
Might have to register the boat at my mother in laws house in PA and have it provisioned to come to florida. Sy quoted me 7 grand a year for 80K of coverage.
Can I get a HELL NO?

Re: What Do You Pay For your boat Insurance ?
 

I live in Florida and got it insurance from John Campbell at Alliance Marine in Ft. Lauderdale ( 1-800-441-7755). I paid $8300 a year for a 2005 Fountain 47 Lighting with triple 525s. Give him a call he was great to deal with. Tell him Mike from Apollo Beach sent you over and tell him I said hello.

Re: What Do You Pay For your boat Insurance ?
 

Ill try, Thanks Mike!
Atlas just called, they want 3935 a year for the Apache.
Thats a possibility.

Re: What Do You Pay For your boat Insurance ?
 

Mark,

What is your coverage/deductible etc...?
Does it include wind, offshore, lay-up etc...?

Re: What Do You Pay For your boat Insurance ?
 

Maybe during the next storm more people will either take the boat with them or secure it better.


I heard at the Miami Boat Show most people who lived in Fla. were walking around with ins checks looking to buy a new boat because theirs was totaled by the ins co. :rolleyes:


Someone has to pay for all those new boats

Re: What Do You Pay For your boat Insurance ?
 

WOW! I can not believe what everyone here is paying for insurance. I pay $325 per year for a 91 Formula 311 with twin 500HP's. The boat is rated at 70 mph, with a deductibe of $1000.00 and a 6 month lay-up period. I do have a home and 2 automobiles on the same policy which helps.