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Old     (consigliereg8r)      Join Date: Aug 2009       01-15-2010, 2:33 PM Reply   
I live in Fl and just paid my insurance bill for the year. I have an 06 SAN 220 with 300k liability insurance--the rate with State Farm was almost $900.00 for a year. Anyone know of better deals?

Old     (ixfe)      Join Date: Aug 2008       01-15-2010, 3:35 PM Reply   
I have State Farm, and I only pay about 1/2 that.
Old     (sailing216)      Join Date: Oct 2007       01-15-2010, 4:32 PM Reply   
My state farm is $600 for $500k on my 06' Cent Avy. My previous insurance (Grange which is local I think) was $500 for the same coverage.

I'd shop around as for that coverage it should be under $500 bucks a year.

I trailer and keep in a locked storage place. If you leave in the water and chance of hurricane then maybe that's the difference, don't know as I'm in landlocked mid-West.
Old     (h20king)      Join Date: Dec 2009       01-15-2010, 4:37 PM Reply   
progresive insurance on my 08 centurion falcon is only 390.00 a year
Old     (boarditup)      Join Date: Jan 2004       01-15-2010, 4:37 PM Reply   
Global Marine Insurance. They specialize in our kind of boats and are they only coverage effective if your boat is used in a sanctioned tournament. Everyone else has a boatload of exclusions leaving you exposed.
Old     (blastmaster)      Join Date: Aug 2001       01-15-2010, 5:08 PM Reply   
Insurance in Florida is more expensive due to climate being fair,longer seasons and hurricanes which destroy boats. Rates vary by region, carriers, policy type=being stated value, actual cash value or full replacement cost. Deductibles affect rates as well as driving record of primary operator.

I see in your profile you are an atty. It surprises me you would accept what I consider a low limit of liability @ $300K? Expecially since Fl is a no fault state? I would bet the uninsured underinsured boater coverage mirrors the liability limit.

Be careful on policies that are auto form following with split limits. Seek a Protection & Indemnity single limt policy. Be careful warranting lay up periods, seek wreckage removal and pollution along with high medical limits.
Old     (brett564)      Join Date: Jul 2006       01-15-2010, 7:03 PM Reply   
Boat US. My 08 Malibu LSV is insured for $340. Everyone else quoted me $700 to $900.
Old     (consigliereg8r)      Join Date: Aug 2009       01-15-2010, 7:23 PM Reply   
What liability does limits does everyone else carry? I thought I had the max offered by State Farm.

Florida is not a no-fault state for boating liability. You still have to show fault to obtain a recovery-that being said, Rick is correct on seeking higher limits.

I had client who was pulling several tubers with his Moomba Outback. He didn't see a teenager who was far from shore on his port side. He hit the kid and the child's foot was severed. If not for his actions after the accident, the child would had died. The visibility on the boat on the port side was/is terrible. There really is a blindside especially on a ski type boat that rides low and where the drivers seat is so low.

I have never had a claim (knock on fiberglass) either with my boat or my car. We also live in the Panhandle away from the coast so I don't know if hurricanes are a factor. The boat is trailered and not in the water.

I am going to try some other companies and see if I can get some higher limits at a better price.
Old     (05elitevc4)      Join Date: Jan 2008       01-15-2010, 8:29 PM Reply   
Seahorse Underwriters, The Saint Paul. $340 per year. Agreed value of $35K. 2005 Centurion Elite V C4 in Fresno CA.
Old     (silvermustang35)      Join Date: Jul 2008       01-15-2010, 9:21 PM Reply   
Switching from State Farm to Boat US...Boat US for the upcoming Axis will be $525 per year, agreed value of $50K. Medical payments of 5K if the person doesnt have med-insurance. $50 trailer deductible and $500 trailer deduct. My I/O with statefarm was agreed value of $23K, $500 trailer deduct, $500 boat deduct. and it was $350 year...was not impressed what Statefarm could do for the Axis...
Old     (mhunter)      Join Date: Mar 2008       01-16-2010, 5:25 AM Reply   
Boat US they only do boats and are very good when things go wrong.
Old     (dudeman)      Join Date: Mar 2005       01-16-2010, 5:33 AM Reply   
$360 a year at Progressive for an '06 Supra 21v. It was only $276 until I hit some hidden objects and had 5k in damage. I came from State Farm where we had everything insured, boat, 4 vehicles and house. Had been there 10 years and they still charged me about $950 a year for boat insurance without a claim.
Old     (justsan)      Join Date: May 2009       01-16-2010, 8:06 AM Reply   
X 2 for Seahorse Underwriters...same coverage same payment as mentioned.
Went through and they brokered it to Seahorse and I couldn't be happier. I even am covered into Mexico 190 miles -was pretty impressed that was included in my policy.
Old     (cwfletch)      Join Date: Dec 2009       01-16-2010, 1:13 PM Reply   
+1 for Global Marine Insurance, I have used them from the beginning. Declared Value on boat & trailer, 500.00 deduct, 57.00 a month on a 2006 SANTE 220.
Old     (consigliereg8r)      Join Date: Aug 2009       01-16-2010, 1:32 PM Reply   
you guys with Sea horse and global, what are your liability limits
Old     (you_da_man)      Join Date: Sep 2009       01-16-2010, 2:22 PM Reply   
Boat US for me as well. $450 per year on declared value and trailer on 2008 Moomba XLV and Boatmate tandem axel trailer

(Message edited by you_da_man on January 16, 2010)
Old     (consigliereg8r)      Join Date: Aug 2009       01-16-2010, 3:05 PM Reply   
Old     (cwfletch)      Join Date: Dec 2009       01-16-2010, 3:48 PM Reply   
Global Marine has my insurance through Travelers, here are the rates:

Boat & Aux Equip: 44,000.00 - 440 ded

Trailer: 3,000.00 - 100 ded

Personal Property: 2,000.00 - 250 ded

Commercial Towing: 500.00 - 0 ded

Watercraft Liability: 300,000.00 - 0 ded

I should probably bump the trailer to 5k. Hope this helps.
Old     (dirwoody)      Join Date: Apr 2003       01-16-2010, 3:55 PM Reply   
What you need to do is get the liability limits between your homeowners and boatowners to a level where you can get an umbrella policy. You can get a 1M policy for a decent price.

this is an option to look at, I don't know the prices for sure, I just handle the claims!
Old     (ajholt7)      Join Date: Apr 2009       01-17-2010, 7:30 AM Reply   
Boat US was the best deal for me. I have told other people about it and it seems there are many variables. Such as location, age, and type of boat. They are at least worth looking into. By the way, I had to make a claim with them after 2 months of being with them. They handled it excellent.
Old     (blastmaster)      Join Date: Aug 2001       01-17-2010, 11:54 AM Reply   
Quick FYI:
There are 2 carrier I know of and probably others depending on state that offer Underinsured/Uninsured motorist coverage as an option on umbrella policies. I like the US Liability(Berkshire Hathaway) and Navigators umbrellas. They cost a bit more, but IMO worth the extra.
If you meet underlying limit on your boat/auto home etc and someone in your boat,car etc.. is permamnantly disabled or disfigured you look to your own policy for big limits. Additional cost is aboput $100-$150 a year.
Old     (mcfatty)      Join Date: Apr 2003       01-18-2010, 10:19 AM Reply   
Fletch the personal property coverage isn't necessary because if you have any items stolen of enough value to file a claim you can go through your homeowners. On a boat policy personal property premium is high for what it is.
Old     (ottog1979)      Join Date: Apr 2007       01-18-2010, 10:33 AM Reply   
Boat US.
Old     (cwfletch)      Join Date: Dec 2009       01-18-2010, 11:27 AM Reply   
mcfatty - thanks I never thought about that, I will call to get it removed and bump my trailer to 5k as well.
Old     (consigliereg8r)      Join Date: Aug 2009       01-18-2010, 11:33 AM Reply   
Here is the quote I got online from Boat US. When my policy expires, I am changing.
Application#: Name: HARRY M FUQUA
Quote Date: 1/18/2010 Quote Valid Until: 4/18/2010
Boat Year: 2006 Boat Length: 22
Document #: Registration #:

Coverage Description
Coverage $ Deductible $
Boat and Boating Equipment (Agreed Hull Value) 40,000 400
Storm Deductible 2,000

Boating Liability (Protection and Indemnity)
Property Damage/Bodily Injury

Fuel and Other Spill Liability

Medical Payments -- Limit Each Accident

Boat Trailer
2,000 50
Personal Effects

Uninsured Boaters Protection -- Limit Each Accident

Commercial Towing Assistance - Each Incident/Annual Limit
Total Premium


Credit No Loss 71.00

State Surcharge
Net Annual Premium 638
Old     (wakesurfer08)      Join Date: Sep 2008       01-18-2010, 4:36 PM Reply   
On our boat, 2001 MasterCraft X-Star w/MC Trailer

Farm Bureau Ins. As Listed for the Boat,

Bodily Injury Liability 250,000 each person
500,000 each occurrence
Property Damage Liability 100,000 each occurrence
Watercraft Med. Payments 2,000 ea.person No Ded.
Physical Damage 30,000 agreed amount 500 Ded.

Cost on Boat $300.61 per year

As Listed for MC Trailer,

Collision 4,000.00 agreed amount 500 Ded
Comprehensive 4,000.00 agreed amount 500 Ded

Cost $34.41 per year

Total Boat and Trailer $335.02 per year I don't think this is bad at all for our Insurance. We also just added a 1 Million Umbrella also for $278.00 per year.


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