www.iFourWinns.com

So as an almost there boat owner, I'm looking around for insurance.

Full coverage:
Progressive: $489/yr
Geico: $388/yr (included a little more coverage than Progressive)

Just curious as to what everyone else was paying and if they know of any good companies to get insured by?

Thanks..this forum rocks!

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2006 Four Winns H240 5.7GXi

About $600, but that's for an agreed value policy with no depreciation through BoatUS. Yes, it's a lot. I don't scrimp on insurance. Also, my boat is stored an hour away from home in an area that is secured only by it's remoteness and a single padlock.

If you stop and consider all the things that can go wrong when boating, you'll see that it's really not the same as insuring a car. Of course it also depends on what you paid for the boat, your ability to cover large losses out of pocket, etc.

Also consider your liability insurance. A large umbrella liability policy is a smart thing to have if you own a boat IMO, and doesn't cost much.

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Mike
2005 Four Winns 230/240
VP 5.7GXi/DP
1998 F-150 XLT
Boat Pic

We purchased a brand new 2011 boat this past October. For whatever reason my auto/home insurance underwriter is not able to put the boat under my existing policies (I think it had to do with the horse power rating, 300HP). Anyways, as a result we had to get a separate policy just for our boat. We went with Progressive, our boat is insured for $43,000.00 which includes the boat, engine and trailer. Based on that information our annual with Progressive is $610.00. Of note, make sure whomever is insuring your boat has the correct horse power rating. Our agent wrote down something other than what we told him. I later discovered that he had our boat down having 350 HP opposed to 300, which actually made a bit of difference in price ($50.00 worth or so) Hope this helps.


Jim

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2011 H210 SS
MerCruiser 350 MPIC/Bravo I 300hp
"Crooked Wake"


Prior Boat
1999 Bayliner 1950 CL

If I recall correctly, mine is about $550.00/year for an agreed value policy. Mine is through Farmers (Foremost)

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Current Boat:
2004 Sea Ray 320 Sundancer "Nauti Luvin'"

Previous Boats:
1999 298 Vista "Seas The Day"
2008 H200SS "Nauti Luv"
2006 Tahoe Q4

http://www.westmarinsurance.com/

I just recently bought insurance for my performance boat through westmar marine insurance services.

Before calling westmar, I did two online insurance quotes with both Boat US and progressive insurance companies.

Progressive online wanted about $50.00 more for much less coverage then westmar offered, And Boat US came back wanting $236.00 more going through progressive as well.

You might try giving Barry Paulsen a call, Barry helped me out with my boat insurance needs. Good luck.

Yacht Underwriter

Westmar Marine Insurance Services

Norman-Spencer

4226 Coronado Avenue

P.O. Box 208016

Stockton, Ca. 95208-9016

California 800-252-9597 ext.1338

All Other States 888-466-6402 ext. 1338

Fax 209-466-4515

INSURANCE YOU CAN BOAT ON!

Pregressive here also and paying $360/year on an agreed value policy.

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1998 Baja Boss 252 7.4L MPI Bravo 1 (SOLD)
2007 FW H200SS 5.0GXI (Sold)
2004 Chevy Silverado 2500 Crew 6.0L (tow vehicle)
1991 FW 170 Freedom 4.3L (SOLD)

Hi, I am paying just under $300 I changed from state farm to all state. H200 4.3 GXi 225hp .

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Agreed value through Progressive for $260/year.

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-Rob.


Current boat: 2011 Yamaha AR210
Previous boat: 1998 Horizon RX 4.3GL SX

$343 agreed amount coverage - United Marine Underwriters, Louisville KY.

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Lakebum
2006 378 Vista
Nashville, TN
Current
04 Hustler Cheetah
06 Seadoo sportster 150
Past
06 378 vista
328 vista
240 horizon
21' glastron
20' celebrity

I pay $360 (agreed value) through SeaInsure...

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-Tony
2016 Robalo R200 w/Yahama 200!

Previous boats:
2003 Four Winns 248 Vista - sold
1994 Sunbird Corsair 200 - sold
1980 Checkmate Predictor - sold

Man Im getting ripped off royal.

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2011 H210 SS
MerCruiser 350 MPIC/Bravo I 300hp
"Crooked Wake"


Prior Boat
1999 Bayliner 1950 CL

$302 per year with agreed value through Global Marine.It's actually a bit less than we were paying for
our 268 Vista 2 years ago. Not bad for a 31ft boat.

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One of 4 Previous (Sold) Boats:
2000 Four Winns 268 Vista

Current Boat: 2004 Chaparral 235 ssi cuddy

2007 H200 5.0GL 372/year with Boat US

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2007 Four Winns Horizon 200
Santa Clarita, CA

Try http://www.nboat.com. I just bought a 28' Searay and went through them. Progressive wanted $830. Nboat cost $590 for a lot more coverage.

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2004 230H 5.7 Gi DP - SOLD!

Pretty hard to compare policies without "apples to apples" on what boat is being insured. Would you expect to pay the same insurance for a 10 year old car worth $10K as a new Mercedes worth $100K? As much as I've heard State Farm thrown under the bus, they have insured multiple boats for me at a price I could not match from anyone. My agent tells me that I can pick how many thousands I want to insure my boat for (up to the value) and that's what my policy will be based on. If I pick too low to save money and total my boat, then I'll be paying the difference out of my pocket. I've insured my new boat for what it would cost to buy another identical new one (at a good discount) with full coverage for $490/year. When it gets a couple more years older, I'll go in and reduce what it's worth and lower my premium. Also, my boat is listed with 420 hp on my policy and makes no difference. My thoughts on insurance are, when you're a winner.....you're a loser.

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2011 Four Winns H260 Frenzy $ea Note
VP 8.1GXi/DP EVC 420HP
2007 Silverado 1500 CrewCab 4x4
Previous:
2002 Four Winns H200
5.0GXI 270HP