Boats For Sale:
Insurance check... |
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ultrarunner 
Platinum Member 
Joined: October-02-2005 Location: Ridgefield, Ct. Status: Offline Points: 1809 |
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 Topic: Insurance check...Posted: August-29-2020 at 11:31am |
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Just doing a check:
‘96 SN GT-40. Boat is stock with exception of Stargazer PP. Agreed value boat 12k Agreed value trailer 1.5k Towing, road side, etc. $500 ded. $384.00 annually. In reviewing, Isee I have no personal effects coverage. So approx 4K needed there when you factor in skis, barefoot boom, sky-high pole, custom cover and misc. “stuff”. My thoughts are I’m likely at a good number for the boat, way low on the trailer by half, and need to add for gear. Thoughts? Thanks. |
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Jonny Quest
Grand Poobah 
Joined: August-20-2013 Location: Utah--via Texas Status: Offline Points: 2840 |
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Posted: August-29-2020 at 3:07pm |
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Reasonable rates and coverage to my view.,,but that is without knowing what your policy limits are...
JQ
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Current
2003 Ski Nautique 206 Limited Previous 2001 Ski Nautique Open Bow 1994 Ski Nautique Open Bow Aqua skiing, ergo sum |
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TRBenj
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Joined: June-29-2005 Location: NWCT Status: Offline Points: 21108 |
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Posted: August-29-2020 at 5:30pm |
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Liability limits will far and away the most costly piece of the premium. Without knowing your limits, it’s impossible to say if your cost is moderately high vs extremely high. I carry pretty high limits with similar replacement value and pay considerably less fwiw.
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ultrarunner
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Joined: October-02-2005 Location: Ridgefield, Ct. Status: Offline Points: 1809 |
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Posted: August-29-2020 at 5:44pm |
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Yep, excellent points:
$100,000 boating (body/property) $100,000 uninsured boater $900,000 environmental Likely low on the first two. As litigious as we are, likely low on the first two;-) |
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TRBenj
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Joined: June-29-2005 Location: NWCT Status: Offline Points: 21108 |
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Posted: August-29-2020 at 6:42pm |
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Yeah a bit low imho. Premium looks quite high.
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ultrarunner
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Joined: October-02-2005 Location: Ridgefield, Ct. Status: Offline Points: 1809 |
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Posted: August-29-2020 at 7:54pm |
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Thanks Tim.
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93/70 ccpb
Senior Member 
Joined: March-05-2006 Location: United States Status: Offline Points: 448 |
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Posted: August-30-2020 at 8:52am |
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ski safe around 275 for a 93
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what you dont want to hear from jbear and bill.you cant get in the boat till you get your minute,and they throw you back in water!
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frozenskier
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Joined: September-19-2011 Location: northern ny Status: Offline Points: 102 |
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Posted: September-02-2020 at 9:42am |
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Sounds high. I have an 09 SN 196. $30K boat $2K trailer, $500,000 Liability and Uninsured Boaters Liability. $500 deductible for $311/yr. If you have a Homeowners or renters policy a lot of your Personal Property will have coverage when in the boat or anywhere else you take them. Subject to whatever limitations/exclusions on the policy. Call your Ins Co & find out. You may not need to have the $4K covered on the boat policy, possibly only things like the Sky-lon & boom, etc.
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AAM196
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Joined: October-23-2012 Location: Pittsburgh, PA Status: Offline Points: 846 |
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Posted: September-02-2020 at 7:04pm |
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Call Boat US... I pay $168 per year.
Valued at $17,300 boat and trailer 300k liability 300k uninsured boater 950k spills/enviro lot of other boater perks (more for larger vessels) with Boat US... cover towing up to $250 per occurrence.. more can be purchased for cheap. Make sure you tell them you took a boater safety coarse (boat us has an online course), if you have Geico auto etc. If you need/want more liability, look for an Umbrella policy. For $250-$300 a year, you can have a $1M additional liability over everything (homes, cars, boats, motorcycles, etc)... even drop the liability on auto to supplement the cost of this. For me it was $270... but trimming the liability on auto to $100k... I saved $150 a year on auto....so it really cost me $120 for the extra coverage... Ok... I sound like my dad talking... |
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