On 12 May 2005 11:15:36 -0700, wrote:

I have lurked on this newsgroup for quite a while and I am about to get
my first boat, a Swee****er 20 foot pontoon. I ordered it and will take
delivery in about a week or so. My family and I are extremely excited!

I have some questions about insurance though. How much insurance should
I carry on a new boat like this? How much do you guys pay annually for
your insurance and who is it with? I just got a quote back from BoatUS
and it was $1000.00 per year! That seems extremely high to me. A
Progressive Direct came back at $100 per year. That seems a bit low.

By the way, I have taken the USCGA/USPS boating safety course so
that should save me a little.

Thanks for your help!

-Trent

I pay Progressive about $130 for a $6,000 agreed value policy on my
boat. This includes a muliple boat discount as I also insure my
jetski. Just a little plug for Progressive. Last year I bought my
first used boat (not counting jetskis or a jon boat) in late August.
It was docked on the Allegheny River in Pittsburgh and the marina was
paid up for the season by the prior owner so I left it docked. Along
came Ivan, a near historic flood, and the marina was destroyed. My
boat was found about 80 or 90 miles downstream (5 lock and dams
downstream) beached where it was unreachable by land and literally
broken in two. Progressive arrainged for a salvager to pull it out,
paid them and paid my agreed upon value (not even charging me the
deductible) with no hassle. I managed to take that boat out one time
during my ownership :-(

The Other Dave Hall

My Progressive policy has something that reduces my deductible by 25%
each year so after four years it's zero. That might be why they didn't
charge you.

Dan


Dave Hall wrote:




I pay Progressive about $130 for a $6,000 agreed value policy on my
boat. This includes a muliple boat discount as I also insure my
jetski. Just a little plug for Progressive. Last year I bought my
first used boat (not counting jetskis or a jon boat) in late August.
It was docked on the Allegheny River in Pittsburgh and the marina was
paid up for the season by the prior owner so I left it docked. Along
came Ivan, a near historic flood, and the marina was destroyed. My
boat was found about 80 or 90 miles downstream (5 lock and dams
downstream) beached where it was unreachable by land and literally
broken in two. Progressive arrainged for a salvager to pull it out,
paid them and paid my agreed upon value (not even charging me the
deductible) with no hassle. I managed to take that boat out one time
during my ownership :-(

The Other Dave Hall

You may be right. Even though I had had the boat (and its insurance)
for only a couple of weeks, I did have the jetski insured by them for
a few years. I was also suprised that they paid the full agreed upon
value for the boat and trailer but didn't ask for the trailer. Anyone
want to buy a galvanized trailer for a 19 ft boat. I believe the
weight rating is 3,200 lbs, but is does not have brakes. I put new 2x6
bunks on it and they never saw the boat. I am in Pittsburgh, Pa area.
The trailer is currently in the Marietta, OH area (at Mom's house on
the Ohio river).

The Other Dave Hall

My Progressive policy has something that reduces my deductible by 25%
each year so after four years it's zero. That might be why they didn't
charge you.

Dan


Dave Hall wrote:




I pay Progressive about $130 for a $6,000 agreed value policy on my
boat. This includes a muliple boat discount as I also insure my
jetski. Just a little plug for Progressive. Last year I bought my
first used boat (not counting jetskis or a jon boat) in late August.
It was docked on the Allegheny River in Pittsburgh and the marina was
paid up for the season by the prior owner so I left it docked. Along
came Ivan, a near historic flood, and the marina was destroyed. My
boat was found about 80 or 90 miles downstream (5 lock and dams
downstream) beached where it was unreachable by land and literally
broken in two. Progressive arrainged for a salvager to pull it out,
paid them and paid my agreed upon value (not even charging me the
deductible) with no hassle. I managed to take that boat out one time
during my ownership :-(

The Other Dave Hall

On 12 May 2005 11:15:36 -0700, wrote:

I have lurked on this newsgroup for quite a while and I am about to get
my first boat, a Swee****er 20 foot pontoon. I ordered it and will take
delivery in about a week or so. My family and I are extremely excited!

I have some questions about insurance though. How much insurance should
I carry on a new boat like this? How much do you guys pay annually for
your insurance and who is it with? I just got a quote back from BoatUS
and it was $1000.00 per year! That seems extremely high to me. A
Progressive Direct came back at $100 per year. That seems a bit low.

Cant help you on insurance. I am self-insured because I am rich.

Have you seen my driveway?
Me and the wife
http://pg.photos.yahoo.com/ph/harkra...bum?.dir=/1323

Thanks to everyone for their replies. This is a great group.

I'm going to see if Nationwide writes boat policies in my area since
they cover everything else for me and I could get a discount.

So far, it looks like Progressive and BoatUS are major players that
I'll be looking at. Boat US needs to come down a good bit before I'll
consider them though.

-Trent


-Trent