Florida Boat insurance?
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01-18-2008, 03:59 PM
#5
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I just got a quote from Boat US ....they sent me a notice that they have 'new" lower rates ....only 7K for my 19 year old formula ....that was for 20K hull Value ......fug em
01-18-2008, 07:37 PM
#7
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What about Statefarm?
I want to insure a 38 ft scarab hull around 60-65K. I assume 2% of hull is standard in Florida?
I was thinking around 1800 bucks a year? Is this a ballpark fiqure?
I want to insure a 38 ft scarab hull around 60-65K. I assume 2% of hull is standard in Florida?
I was thinking around 1800 bucks a year? Is this a ballpark fiqure?
01-18-2008, 07:43 PM
#8
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Join Date: May 2005
Location: West Michigan/ Florida
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Come on....that is ridiculous...what a way for the insurance companies to rip off people by using the policy holders location to overcharge them....they're as bad as the oil companies at ripping people off.
01-18-2008, 08:47 PM
#9
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Thread Starter
Got 4 estimates and all were thru progressive agents. Actually it was real reasonable. Went with a $5k deductible cause I wouldnt dare make a claim anyways as they'll cancel me anyways. I dont think insurance god writes fl. policies anymore.
01-19-2008, 07:18 AM
#10
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Type of Boat : 311SR 1989 FORMULA 31
Cruising Area : U.S. Atlantic Coastal Waters incl Florida East + West Coast
SUMMARY OF COVERAGES
Boat and Boating Equipment (Agreed Hull Value) : $20,000.00
Boat and Boating Equipment Deductible : $620.00
Storm Deductible : $1,000.00
Boating Liability : $100,000.00
Fuel and Other Spill Liability : $800,000.00
Medical Payments : $1,000.00
Boat Trailer : $7,500.00
Trailer Deductible : $50.00
Personal Effects : $.00
Personal Effects Deductible : $.00
Uninsured Boater Protection-Limit each Accident : $100,000.00
TOTAL ANNUAL PREMIUM : $6,430.00
STATE SURCHARGE : $64.00
BOAT U.S. MEMBERSHIP (Required if not a Member) : $19.00
TOTAL ANNUAL COST : $6,513.00
Cruising Area : U.S. Atlantic Coastal Waters incl Florida East + West Coast
SUMMARY OF COVERAGES
Boat and Boating Equipment (Agreed Hull Value) : $20,000.00
Boat and Boating Equipment Deductible : $620.00
Storm Deductible : $1,000.00
Boating Liability : $100,000.00
Fuel and Other Spill Liability : $800,000.00
Medical Payments : $1,000.00
Boat Trailer : $7,500.00
Trailer Deductible : $50.00
Personal Effects : $.00
Personal Effects Deductible : $.00
Uninsured Boater Protection-Limit each Accident : $100,000.00
TOTAL ANNUAL PREMIUM : $6,430.00
STATE SURCHARGE : $64.00
BOAT U.S. MEMBERSHIP (Required if not a Member) : $19.00
TOTAL ANNUAL COST : $6,513.00
