How do you know if you got a good insurance rate?
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Why is there no "Blue Book" for insurance of boats? Simple enough to figure out how much they are worth and to finance them but when it comes to insurance who knows? I just insured my boat and although it sounded good, I really have nothing to compare to.
I have a completely rebuildt Scarab 34SS Centerconsole with three V8's outboards totaling 900HP and got full coverage for $465,- pr. year. Is this good? Any tricks to better it? The insurance agent was really nice and came out to take pictures of the boat and the trailer. I'm just wondering what everybody else is paying, and if it is a good rate or not. Seems like everytime somebody ask this question it goes into PM's for some slick insurance agents and the thread magically stops before any quotes are listed. Feel free to post what your rate is and maybe we can give others an idea as to how much it should cost with a OSO list of premiums.
I have a completely rebuildt Scarab 34SS Centerconsole with three V8's outboards totaling 900HP and got full coverage for $465,- pr. year. Is this good? Any tricks to better it? The insurance agent was really nice and came out to take pictures of the boat and the trailer. I'm just wondering what everybody else is paying, and if it is a good rate or not. Seems like everytime somebody ask this question it goes into PM's for some slick insurance agents and the thread magically stops before any quotes are listed. Feel free to post what your rate is and maybe we can give others an idea as to how much it should cost with a OSO list of premiums.
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Only way I know of is to shop around. Usually my quotes have been within a few hundred dollars but my last 2 quotes were over $1,100 apart for the same coverage, and yes they were both from marine insurance companies, not a State Farm.
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Why is there no "Blue Book" for insurance of boats? Simple enough to figure out how much they are worth and to finance them but when it comes to insurance who knows? I just insured my boat and although it sounded good, I really have nothing to compare to.
I have a completely rebuildt Scarab 34SS Centerconsole with three V8's outboards totaling 900HP and got full coverage for $465,- pr. year. Is this good? Any tricks to better it? The insurance agent was really nice and came out to take pictures of the boat and the trailer. I'm just wondering what everybody else is paying, and if it is a good rate or not. Seems like everytime somebody ask this question it goes into PM's for some slick insurance agents and the thread magically stops before any quotes are listed. Feel free to post what your rate is and maybe we can give others an idea as to how much it should cost with a OSO list of premiums.
I have a completely rebuildt Scarab 34SS Centerconsole with three V8's outboards totaling 900HP and got full coverage for $465,- pr. year. Is this good? Any tricks to better it? The insurance agent was really nice and came out to take pictures of the boat and the trailer. I'm just wondering what everybody else is paying, and if it is a good rate or not. Seems like everytime somebody ask this question it goes into PM's for some slick insurance agents and the thread magically stops before any quotes are listed. Feel free to post what your rate is and maybe we can give others an idea as to how much it should cost with a OSO list of premiums.
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Why is there no "Blue Book" for insurance of boats? Simple enough to figure out how much they are worth and to finance them but when it comes to insurance who knows? I just insured my boat and although it sounded good, I really have nothing to compare to.
I have a completely rebuildt Scarab 34SS Centerconsole with three V8's outboards totaling 900HP and got full coverage for $465,- pr. year. Is this good? Any tricks to better it? The insurance agent was really nice and came out to take pictures of the boat and the trailer. I'm just wondering what everybody else is paying, and if it is a good rate or not. Seems like everytime somebody ask this question it goes into PM's for some slick insurance agents and the thread magically stops before any quotes are listed. Feel free to post what your rate is and maybe we can give others an idea as to how much it should cost with a OSO list of premiums.
I have a completely rebuildt Scarab 34SS Centerconsole with three V8's outboards totaling 900HP and got full coverage for $465,- pr. year. Is this good? Any tricks to better it? The insurance agent was really nice and came out to take pictures of the boat and the trailer. I'm just wondering what everybody else is paying, and if it is a good rate or not. Seems like everytime somebody ask this question it goes into PM's for some slick insurance agents and the thread magically stops before any quotes are listed. Feel free to post what your rate is and maybe we can give others an idea as to how much it should cost with a OSO list of premiums.
I want a 26 ft cat with a HO (with no ownership experience) and have heard everything from "should be $1500" to it'd be impossible.
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Why is there no "Blue Book" for insurance of boats? Simple enough to figure out how much they are worth and to finance them but when it comes to insurance who knows? I just insured my boat and although it sounded good, I really have nothing to compare to.
I have a completely rebuildt Scarab 34SS Centerconsole with three V8's outboards totaling 900HP and got full coverage for $465,- pr. year. Is this good? Any tricks to better it? The insurance agent was really nice and came out to take pictures of the boat and the trailer. I'm just wondering what everybody else is paying, and if it is a good rate or not. Seems like everytime somebody ask this question it goes into PM's for some slick insurance agents and the thread magically stops before any quotes are listed. Feel free to post what your rate is and maybe we can give others an idea as to how much it should cost with a OSO list of premiums.
I have a completely rebuildt Scarab 34SS Centerconsole with three V8's outboards totaling 900HP and got full coverage for $465,- pr. year. Is this good? Any tricks to better it? The insurance agent was really nice and came out to take pictures of the boat and the trailer. I'm just wondering what everybody else is paying, and if it is a good rate or not. Seems like everytime somebody ask this question it goes into PM's for some slick insurance agents and the thread magically stops before any quotes are listed. Feel free to post what your rate is and maybe we can give others an idea as to how much it should cost with a OSO list of premiums.
unbelievable !
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Insurance depends more on the operator than it does what you own. There are SOOO many factors that go into insurance rating. The reason I have a problem ballparking people is that they hold you to it like it is a quote!
Insurance isn't like financing. Financing takes into account mainly your credit score. Insurance takes into account the following things:
location
value of boat
past experience on similar vessles
courses taken for credit
age
value of boat
engine horsepower
top capable speed
number of operators and their experience
mooring location and storage type
if there is a lay up
past claims history
if the boat has current insurance.
Now do you understand why we say PM, call me or fill out a form on our website?
It's a bit different and nothing that can be classified like NADA for values.
I am not trying to snap back, just trying to help you understand that there is a method to our madness
Insurance isn't like financing. Financing takes into account mainly your credit score. Insurance takes into account the following things:
location
value of boat
past experience on similar vessles
courses taken for credit
age
value of boat
engine horsepower
top capable speed
number of operators and their experience
mooring location and storage type
if there is a lay up
past claims history
if the boat has current insurance.
Now do you understand why we say PM, call me or fill out a form on our website?
It's a bit different and nothing that can be classified like NADA for values.
I am not trying to snap back, just trying to help you understand that there is a method to our madness
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