Insurance

[Rich Mako 228]

How much are you guys paying for insurance. I checked online with Progressive and they want $2,200 for ACV and $2,700 for agreed value. Seems like alot of money .

The liability portion is only a few hundred.

[mako224]

ACE Boatmens policy, $600 per year. $15,000 agreed value policy. I do get a discount though because I am a licensed captain.

[Dunwell]

Mako 224,

Do you have a contact number. I got a new quote for 1800.00 a year and was a little shocked

Brian

[dtmackey]

I'm paying about $300 for the year with a $10,000 boat value with full coverage. This is through USAA, but you can only get insurance with USAA if you are, or have been a military officer (or dependant of one).

David M

1986 - 1991 U.S. Coast Guard

Holder USCG 6-pass license

[Justin]

quote:

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Originally posted by dtmackey


I'm paying about $300 for the year with a $10,000 boat value with full coverage. This is through USAA, but you can only get insurance with USAA if you are, or have been a military officer (or dependant of one).

David M

1986 - 1991 U.S. Coast Guard

Holder USCG 6-pass license

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USAA has GREAT rates; my fiance is a member (and soon I shall be too).

Back to the original post, that number is odd--I was quoted $710 for a similar mako w/ a 225. And, my driving record is far from perfect.

[tuskanraider]

state farm $540 per year $18000 replacement value

[classic73mako]

I am also with USAA (started in 1967) and think I am paying about $500 per year for the boat. I think that's for $25,000 personal and full coverage on the boat, motor and trailer which is valued at about 10K. Good point, however - we all should take another look at our policys and see if they are still OK for the 2005-2006 boating season.

Mike