Great boat Insurance?!

[H2on22]

Just thought I would share the good info. Was looking to insure my new boat and I think I got a great deal from State Farm. Just over $700/year w/ really great coverage. They can't do the REALLY high performance stuff but mine has a 496 HO in it. Any better deals out there I should know about??
Call Tony Freeman @ (909) 280-3516
[ April 10, 2003, 11:51 AM: Message edited by: H2on22 ]

[Edmond]

That sounds like a good deal, I just got mine for 950 and I was happy with that based on some other quotes I got. I also have the 496 HO. what type of coverage ?? 50/100/50 ????

[dimarcobros]

I work for my brother who is a agent for State Farm in Pasadena, CA. Would be more than happy to run quotes for anyone interested. Send email or give us a call, ask for Jon or Matt.
626 395-7220
matt@jonshepherdins.com

[H2on22]

Coverage is 100K BI, cost of boat is 64K, med pay 5K per person, personal prop 1K, and $500 for towing on water or road. Pretty good right?

[RiverLife]

Is it a cat or V? Doesn't it make a difference?

[CJ]

I pay just under $500 for a 23' with 454. I had a $5,000 claim for theft of stereo, guages, etc. and they paid only seeing the receipts.

[Lakemead1]

I'm at 600$/year for 22 ft. 454 through west marine - they treated me great and they've been my insurer for 3 years.

[steve0123]

I'm soo jealous of those rates, I could only get insurance with one company and their charging me $3,600/yr for ok coverage.
no accidents, claims, tickets...nothing. Its almost the most expensive part of boating!!

[dimarcobros]

We pay just over $500 for a 21' DiMarco with a 427 but we also have a Million dollar liability. You never know what is going to happen at the river.

[mbrown2]

steve0123:
I'm soo jealous of those rates, I could only get insurance with one company and their charging me $3,600/yr for ok coverage.
no accidents, claims, tickets...nothing. Its almost the most expensive part of boating!! I noticed you have a DCB extreme...you are paying that much for a V? What type of motor you have in it?

[silver surfer]

I have Progressive nsurance for my 25' with a 496HO. Cost is 580 yearly. State Farm and others were about 300-400 more yearly. Hopefully Progressive will pay a claim if I ever have one. There AM Best Rating is not as high as State Farm.

[HammerDown]

Not fair...no one will touch my 21 Daytona..."nope no way", thats all I here. frown

[steve0123]

I noticed you have a DCB extreme...you are paying that much for a V? What type of motor you have in it?
It's got a Teague 800. State Farm, Allstate and Farmers wouldn't touch it. I really have to do something....

[H2on22]

RioDog, will talk to Tony today and pass the message along...you said you need some more theater tickets right? :D

[Catmando]

Call Bob Luellen at Worldwide Marine 800/339-1235.
He found insurance for my Carlson Vcat raceboat. Expensive at more than $2200/year, but he was the only one who could help me.

[Forkin' Crazy]

I don't know how you are doing it. State Farm would not touch mine with a 10 foot pole. She actually showed me "confidential" pictures of boats they would not insure.
My boat is faster than 70mph so Progressive would not do it either.
burningm

[mtndewdrops]

I just purchased a 1999 ESSEX Sterling 21 :cool: with 300hp 350MAG BravoIII.
I recently shopped Progressive, AAA, and U.S.Boat. Boat Value 35K, Liability 100K/300K, $250 Ded Comprehensive, $500 Collision, $1500 Trailer coverage, $250 Equipment coverage,...etc
AAA $649 :o
Progressive $589 eek!
U.S. Boat $489 :)
I have been a member of U.S Boat to get towing coverage for $14 per year.
[ April 11, 2003, 08:40 PM: Message edited by: mtndewdrops ]

[C-2]

Today at the boatshow (and at the L.A. boat show) I spoke with Mike Garner from Westmar Marine Insurance. He said they have a new program that will insure any cat or other high performance boats with reasonable rates.
You might give him a call if you have a boat that is hard to insure or are paying too much. Tell him Craig from Extreme Boats America sent you, he'll give anybody a great deal with that reference.
Personally, I carry my 95 Hallett 21' w/454 mag thru State Farm, $630 yearly on full replacement value, full value trailer replacement, under a million dollar liability policy (only $220 more per year to wrap my home, autos and boat, well worth the money).
Hope it helps!

[buck183]

26' Scarab w/502 Mag. Agreed value 40k. $400 a year through my State Farm agent. $500 Deductible.
Buck