Boat Insurance

[funtooner]

This is something our guy the insuranceman could help with... where are you.?

[insuranceman]

All the comments and recommendations of the posts are pretty accurate so far. One other option offered by Progressive and a few other companies is a "Full Replacement Value Policy" for new boats. It is typically only available if you are the original owner of the boat or your boat is 3 years old or less. You will pay a little extra for it but if your boat is a total loss they will buy you a new model year boat to replace your damaged one.
Another option is to put the boat as a rider on your homeowners insurance policy. This can be the most cost effective but with 2 draw backs. Coverage is more limited and if you do have a boat claim is gets attached as a claim to your home policy which if you have 2 claims in 3 years you could be cancelled. Then it really gets expensive.
One typical rule of boat insurance still is "You get what you pay for"
Final thought...Trust your agent and not a website!!

[mreddyspag]

Boat US will not cover pontoon boats.

[cwag911]

Boat US will not cover pontoon boats.

I beg to differ. I have Boat US.

[Capt Sully]

I beg to differ. I have Boat US.

Yep, so do I. and it was the best price I was given compared to others, most coverage.

[jbosey]

I just joined up with Boat US and even insured my old pontoon boat. Do not forget, boat insurance is not just to repair or replace your boat, it also covers what you may do to someone else or someone else's property. it is too inexpensive per month not to have any!

[jbosey]

I forgot to mention Boat US also has some very. very inexpensive unlimited towing should you have an older boat like mine and just want to feel more confident on a big lake or even the ocean (which my boat will never see!)

[craig and mary chase]

im with state farm, and we got full coverage on my boat for full replacement and half million dollar liability on it and if anything is stolen from the boat there is a hundred dollar deductible and it cost us $341 for a full year. we also have our home and cars under with state farm so you get a multi policy discount.

[skysmith]

Shameless plug...I am a specialty insurance agent. I insure boats, aircraft, custom cars and motorcycles. All the toys. I do business in 44 states and I use a number of different companies. Some companies are better in some states for certain products and coverage. I try and tell people to look for a replacement or agreed value policy when possible on newer boats. In my personal situation this year I have progressive for my pontoon. Used to have ACE but rate was better this time with Progressive. I have never needed a social security number to place the coverage, but yes, most companies use credit history in their rates.

[BuckeyeBoater]

Thanks for the information skysmith.
Welcome to the forum.