bwsdj

Boat insurance rates

31 posts in this topic

I have a 21slxp on order, hoping to get the call the end of this month that it's ready. Wanted to get some ideas on what boat insurance costs a year and what coverage I need. I appreciate your feedback. 

 

Thanks Brad

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I pay $124/year "full value coverage" plus $900K+ spill coverage through BoatUS

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$248 a year through BoatUS. 

Damn! Double Semps premium. Hmmmmmmm........

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53 minutes ago, SEMPERFI8387 said:

I pay $124/year "full value coverage" plus $900K+ spill coverage through BoatUS

Why get the spill covereage? You could just carry a sponge and soak up the tainted water. You're only spilling a thimble full at a time.

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Wow, mine is $853 (cdn) for the boat, plus I think another $2-250 for the trailer. 

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53 minutes ago, BulldogsCadillac said:

Wow, mine is $853 (cdn) for the boat, plus I think another $2-250 for the trailer. 

WOW!

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I really like Semperfi rates :Like:

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3 minutes ago, bwsdj said:

I really like Semperfi rates :Like:

I believe that's what 20hp gets you.  :o

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$115 per year with Progressive. I've been with them for a while so have zero deductibles (you get that automatically after so many years without claims). I did check with them about spill coverage after a discussion thread here a couple years ago. Though I can't remember the amount, I found out I had very sufficient coverage for spills. 

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Do most of you have it added as a rider on your house insurance?  That is actually cheaper than it used to be!!

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Mine is not a rider. Separate policy altogether from my other insurances with a different company. 

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Ours is on our homeowners policy. We also have a $1mil umbrella.

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Well that is quite a substantial difference!  One more thing us poor Canadians get screwed over on! :)

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2 hours ago, cwag911 said:

I believe that's what 20hp gets you.  :o

Didn't think about the 20hp. But the rest of the boat is gorgeous and worth some bucks!!!

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We are getting a 150 yammie, hoping the rates won't be to high 

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$450 for boat and trailer through BoatUS

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18 hours ago, BulldogsCadillac said:

Wow, mine is $853 (cdn) for the boat, plus I think another $2-250 for the trailer. 

Well, someone has to pay for all of that  government supplied medicine up there. ;)  

My boat insurance is $367.00

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I just changed all my insurance to Geico and it costs me $165 for the year. 

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$162/yr Progressive + 1mil umbrella for $160 (I had it when my teens drove and got it again when I got the boat)

add:  went up from $142 last yr  (14+%)    what inflation???  <_<

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$290/yr through Boat US / Geico Marine for boat and trailer. 

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$250 thru Boat US/Geico

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Mine is 32$ a month through progressive including trailer and full replacement.

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2017 20SLXP w/ 115 Yamaha, Full coverage for boat and EZLoader Trailer for $350 from Progressive... 500K coverage for each.

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So far have got quotes from $400 to $550 a year. Have checked GEICO, progressive, boat us

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What's your thoughts on Propulsion Plus® Mechanical Breakdown Coverage from progressive?  Sounds good, just wonder on the fine print. 

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