Posts: 551
Location: Columbus, Georgia | World Wide Marine Underwriters.
I insured my first boat with my standard insurer, State Farm. When I purchased my second boat I actually examined the State Farm policy. Yeah, it was inexpensive. It also covered next to nothing other than the outright disappearance (theft) of the boat.
Now I have replacement cost coverage, my motor is covered just in case I tear it apart on rocks or reef, and there is ample tackle coverage just in case the boat would go completely down, and adequate medical thresholds if you or a passenger gets hurt in an accident.
Around $300 per year, but at least I can rest a little easier concerning claims with the boat. The premium decreases 5% for every consecutive claim-free year
Call Bob at World Wide Marine Underwriters.
Edited by cjrich 4/25/2011 8:48 PM
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