Boat insurance rate went up

[shintoooo]

My insurance rate went up by $156 for the year. Nothing has changed. No claims and my boat like everyone else's is worth less now. :grumble:

I'm with State Farm. Anyone else experiencing this?

 

[HavasuHank]

not with allstate

 

[shintoooo]

It has been the same for three years and then BAM!! :bash:

 

[WTDecker]

not with allstate

X2 Here!

 

[HavasuHank]

if you are interested in switching to another company ... contact riverdiva:thumbsup

 

[RiverDiva]

Give me a call. We'll see if we can get you a lower rate

760-651-2628

 

[milkmoney]

lol....i tell my insurance compnay what i want to pay and then they work out a plan that i am happy with cause they know i will go somewhere else, and i am on my fourth year and never had a increase..

call the young cute pregnant lady, she will help you i am sure of it..

 

[shintoooo]

Give me a call. We'll see if we can get you a lower rate

760-651-2628

I'm going to email you right now.

 

[shintoooo]

lol....i tell my insurance compnay what i want to pay and then they work out a plan that i am happy with cause they know i will go somewhere else, and i am on my fourth year and never had a increase..

But do you have enough coverage?

 

[milkmoney]

But do you have enough coverage?

ummmm more than enough......

 

[BigDeck]

We use AAA just because they have my other policies and it is easy. Obviously there is a discount for multiple policies so I cannot say how they are if it is a stand alone policy, but this year ours went down by $210. I almost fell out of chair when I opened it.

The down side is they are not a "boat insurance place". I asked some questions of a guy there on the phone about declared value and actual value and he had no idea what I was talking about. I was hoping he could educate me a little. Nope. But cheap. Sometimes cheap is good, sometimes you get what you pay for I guess. Time will tell.

 

[BigDeck]

But do you have enough coverage?

That was my first question. Sure they will lower your bill, but at what cost? I want to know if something goes bad we have plenty of coverage.

 

[milkmoney]

That was my first question. Sure they will lower your bill, but at what cost? I want to know if something goes bad we have plenty of coverage.

well lets jus say i was way over insured and it was doing me no good to pay that rate so i shopped around and told them i was going to go somewhere else unless they met my conditions and so they did and still over insured jus not as much as i was. nobody can touch my rate...at this point...

 

[DirtyWhiteBoy]

Mine went up $185 with Allstate this year.

I might be stuck tho, I had a heck of a time getting coverage at all with mainstream companies.

They are all CAT haters:grumble: unless it is a "deck boat"

 

[milkmoney]

Mine went up $185 with Allstate this year.

I might be stuck tho, I had a heck of a time getting coverage at all with mainstream companies.

They are all CAT haters:grumble: unless it is a "deck boat"

u know my auto ins, jus went up every year or should i say every time for renewal, which every 6 months and the lady that insured me was a friend and told me some of the insights on this stuff and i was jus shocked of why with no accidents and clean driving record that my rates went up, as of then i left allstate...and wont be going back...:thumbsdown was with them for years

 

[RiverDave]

Mine went up $185 with Allstate this year.

I might be stuck tho, I had a heck of a time getting coverage at all with mainstream companies.

They are all CAT haters:grumble: unless it is a "deck boat"

Call my wife.. LOL Cats / Decks / no problem.. Over the Transom Headers / no problem / no engine hatch / no problem / Turbo's / no problem / blowers / no problem.. 200+ mph / No problem.. Basically no problem.

Hell she got what I thought was an unbelievably cheap quote on Sharp Shooters K BOAT! (agreed value as well)

RD

 

[BigDeck]

Right, ours is just a pontoon made of fiberglass.

 

[riverman140]

Call my wife.. LOL Cats / Decks / no problem.. Over the Transom Headers / no problem / no engine hatch / no problem / Turbo's / no problem / blowers / no problem.. 200+ mph / No problem.. Basically no problem.

Hell she got what I thought was an unbelievably cheap quote on Sharp Shooters K BOAT! (agreed value as well)

RD

she wanna insure my Pile? tryin to wrap this project up in the next few months. been looking for someone some what affordable

 

[RiverDave]

I was talking to a friend the other day about how much insurance you need on a boat..

He had what I thought was ridiculously low coverage... I'm going to tell you right now if you have less than 300 / 500 / with a 1 million dollar umbrella on top of it you're under insured..

A lot of people have 100K medical etc..

Do the math, 1 prop strike.. I'm talking a fraction of a second encounter with a prop (and it happens all the time), you burned up most of your 100K with the life flight or if its less serious ambulance and just getting said person to the hospital.. If you hit any kind of arteries or anything serious, medical bills will go into the 100's of thousands in minutes..

The difference between low premiums and good premiums is negligeable when you add it up.. And for a couple hundred bucks a year you got an umbrella that protects you from damn near anything up to a million on top of all your policies..

It's worth it to me.

Then again, I've seen 1st hand what a fraction of a second encounter with a prop can do.. And I know 2 people that one second were going for a boat ride, and the next was questionable whether they were going to live or die in ICU.

Stacy cut her ankle on Andy's old galvanized trailer while we were going to put his Spectre 30 in the water.. The little cut that I didn't even think was that serious ended up being 4K. That was for a couple stitches in Parker hospital.

 

[Cole Trickle]

well lets jus say i was way over insured and it was doing me no good to pay that rate so i shopped around and told them i was going to go somewhere else unless they met my conditions and so they did and still over insured jus not as much as i was. nobody can touch my rate...at this point...

Insurance dosent really work like that....

Companies have base rates. If they all of a sudden can get you a lower rate when there hasn't been a formal rate change filed and accepted than they changed something on the agents side to make the rate lower.

Agents don't make the rates....

 

[RiverDiva]

she wanna insure my Pile? tryin to wrap this project up in the next few months. been looking for someone some what affordable

I would love to insure your "pile" Just give me a call and we'll get you taken care of!

 

[milkmoney]

Insurance dosent really work like that....

Companies have base rates. If they all of a sudden can get you a lower rate when there hasn't been a formal rate change filed and accepted than they changed something on the agents side to make the rate lower.

Agents don't make the rates....

huh what i did was talk to a friend of mine(ins. person) and wa stold that i was way over covered, so when i talked to them they changed my policy to be where my friend said i should be, and then the rate went down.? still over insured for my pos but not as much as i was..

 

[460]

The ole ford powered jet boat with open headers asked me if in going to get him some inc one of these days

 

[riverman140]

I would love to insure your "pile" Just give me a call and we'll get you taken care of!

sounds good! i want to get the restore wrapped up, but want to insure it before it hits the water, well be calling you, thanks again

 

[RiverDave]

sounds good! i want to get the restore raped up, but want to insure it before it hits the water, well be calling you, thanks again

Perhaps you should e-mail..

RD

 

[riverman140]

Perhaps you should e-mail..

RD

LOL.. dammit

 

[steamin rice]

My insurace went down around $100 or so this year, but I think I'd probably still trade insurance payments with you...

 

[BigDeck]

I was talking to a friend the other day about how much insurance you need on a boat..

He had what I thought was ridiculously low coverage... I'm going to tell you right now if you have less than 300 / 500 / with a 1 million dollar umbrella on top of it you're under insured..

A lot of people have 100K medical etc..

Do the math, 1 prop strike.. I'm talking a fraction of a second encounter with a prop (and it happens all the time), you burned up most of your 100K with the life flight or if its less serious ambulance and just getting said person to the hospital.. If you hit any kind of arteries or anything serious, medical bills will go into the 100's of thousands in minutes..

The difference between low premiums and good premiums is negligeable when you add it up.. And for a couple hundred bucks a year you got an umbrella that protects you from damn near anything up to a million on top of all your policies..

It's worth it to me.

Then again, I've seen 1st hand what a fraction of a second encounter with a prop can do.. And I know 2 people that one second were going for a boat ride, and the next was questionable whether they were going to live or die in ICU.

Stacy cut her ankle on Andy's old galvanized trailer while we were going to put his Spectre 30 in the water.. The little cut that I didn't even think was that serious ended up being 4K. That was for a couple stitches in Parker hospital.

I am no insurance adjuster by any means but I thought something like a prop strike would be covered by your liability part of the policy not the medical side.

 

[RiverDiva]

I am no insurance adjuster by any means but I thought something like a prop strike would be covered by your liability part of the policy not the medical side.

You are correct on that. I think that's what Dave was trying to say.

 

[ultra26shadow]

So you mean to tell me if some bonehead swims by your boat while parked say in the channel and strikes his leg on the prop your liable? And why wouldn't the person use there own medical insurance? If I was swimming around someones boat and hit the prop I would use my own medical insurance its my dumbass fault for not looking out.

 

[RiverDave]

So you mean to tell me if some bonehead swims by your boat while parked say in the channel and strikes his leg on the prop your liable? And why wouldn't the person use there own medical insurance? If I was swimming around someones boat and hit the prop I would use my own medical insurance its my dumbass fault for not looking out.

Its the way of the world..

RD

 

[Mandelon]

Once you have some $$$ set aside, stocks, or real estate, you should consider an Umbrella Policy. Cheap protection.

RD is right, the legal minimums most policies provide are used up in a day or two of ICU care. After that they go after your personal assets.

Man--->has a $2,000,000 Umbrella Policy<---delon

 

[Ultra26 # 1]

I am no insurance adjuster by any means but I thought something like a prop strike would be covered by your liability part of the policy not the medical side.

This is correct.

Medical Payments coverage are for those riding in the insured vehicle/boat. Medical Payments coverage is generally no more than 5 to 10K.

Dave is right with regard to liability limits. If you own a home or have anything of value, a one million dollar umbrella is necessary.

 

[BigDeck]

So you mean to tell me if some bonehead swims by your boat while parked say in the channel and strikes his leg on the prop your liable? And why wouldn't the person use there own medical insurance? If I was swimming around someones boat and hit the prop I would use my own medical insurance its my dumbass fault for not looking out.

In this case I would tell him to have his lawyer call me and then sue because you can get fucked. No way this is my fault.

I was thinking we were talking about if you drive into someone. Kind of like a car hitting a pedestrian. That was why I was thinking it would be covered by liability not medical. Thing vary state to state but in California the main reason for medical is to cover peps in your vehicle regardless of fault in the crash.

Lots of talk about umbrella policies but another important policy is uninsured motorist. In southern Cal. it seems lots of people don't have insurance. Uninsured motorist is cheap. I am not sure if you can get it on your boat. I will looking to it today.

 

[RiverDave]

In this case I would tell him to have his lawyer call me and then sue because you can get fucked. No way this is my fault.

I was thinking we were talking about if you drive into someone. Kind of like a car hitting a pedestrian. That was why I was thinking it would be covered by liability not medical. Thing vary state to state but in California the main reason for medical is to cover peps in your vehicle regardless of fault in the crash.

Lots of talk about umbrella policies but another important policy is uninsured motorist. In southern Cal. it seems lots of people don't have insurance. Uninsured motorist is cheap. I am not sure if you can get it on your boat. I will looking to it today.

Big Deck, I believe you can get uninsured motorist for a boat..

Quick story.. My neighbor in the keys has a nice house. His neighbors were out there, and there kids were playing on the docks etc.. Like kids do. Well they were hanging on his railing (about 5-6' up) and doing all kinds of stupid shit until they finally broke it. Kid hurt himself when he fell.
He was sued and He lost..

If someone swims by your boat and cuts their self on the prop.. No matter how stupid it sounds, you will be found liable.

RD

 

[BigDeck]

That just seems wrong.

I am all for making someone pay if you truely hurt them, but a case like that is crazy.

 

[RiverDave]

That just seems wrong.

I am all for making someone pay if you truely hurt them, but a case like that is crazy.

It's the way it is..

I could goto your house, smash your window, and stab myself with your kitchen knife, and probably have a pretty good case.. because you didn't protect me from myself. LOL

RD

 

[76 Hondo]

All this talk about prop injuries, and not one Bash from the Jet Boat crowd,
Way to stay on the high road boys,

 

[RiverDave]

All this talk about prop injuries, and not one Bash from the Jet Boat crowd,
Way to stay on the high road boys,

Nice..

You have any problems with insurance with your headers?

RD

 

[RitcheyRch]

I'm with AAA on my outboard fishing boat.

 

[76 Hondo]

Nice..

You have any problems with insurance with your headers?

RD

No, with AAA, since 1978 when I bought the boat,their rules have changed
but after my restoration in '03, increased coverage it went to the underwriters and I believe because of my longtime with them they continued to insure. They also insure pontoon very reasonable.

 

[Ultra26 # 1]

In this case I would tell him to have his lawyer call me and then sue because you can get fucked. No way this is my fault.

I was thinking we were talking about if you drive into someone. Kind of like a car hitting a pedestrian. That was why I was thinking it would be covered by liability not medical. Thing vary state to state but in California the main reason for medical is to cover peps in your vehicle regardless of fault in the crash.

Lots of talk about umbrella policies but another important policy is uninsured motorist. In southern Cal. it seems lots of people don't have insurance. Uninsured motorist is cheap. I am not sure if you can get it on your boat. I will looking to it today.

My thought is buy as much UM coverage as possible. Besides the small amount of Med Pay coverage that is available, UM is the only coverage you can buy to protect you.

 

[RiverDiva]

Lots of talk about umbrella policies but another important policy is uninsured motorist. In southern Cal. it seems lots of people don't have insurance. Uninsured motorist is cheap. I am not sure if you can get it on your boat. I will looking to it today.

Uninsured Boater is absolutely available for your boat policy. There are quite a few people motoring around out there without boat insurance. It's highly advisable to add this to your current policy if you don't already have it.

 

[BigDeck]

Wow, rarely do I get pleasent suprises like this. I looked through my policy binder and found that there is uninsured already on my policy.

 

[Flyinbowtie]

Like Stacy, my wife Cindy is in the insurance business in NorCal, and has been for almost 21 years. She deals with people wanting just the bottom dollar deal all the time, when the truth is buying insurance coverage on a boat and going for basic,no uninsured coverage type stuff is foolish.
And I agree on the umbrella. If you own a home or other assets and do not have one you are taking an unrealistic risk.
Consdering the number of people out there with ZERO insurance on their cars, the number of boaters and gawd help us lake lice owners out there who are flying around with no coverage should give you the chills.
IMHO, the way to shop for insurance is to do some due dilligence and make sure you will get what you are paying for. Good compaines...outfits with the reputation of delivering service when you need it are worth paying a few bucks more for, in the long run.

 

[Mrs.HLB]

My insurance rate went up by $156 for the year. Nothing has changed. No claims and my boat like everyone else's is worth less now. :grumble:

I'm with State Farm. Anyone else experiencing this?

If you like, you can call me @714-777-8000. I work for State Farm. Maybe I can help with why your premium increased. We did not have any rate changes.

Thanks,
Mrs.HLB

 

[shintoooo]

I would like to thank Stacy (RiverDiva) for helping me with my insurance for my Howard.

My rate went up with State Farm and She was able to get me a GREAT rate with better coverage with a very reputable insurance company.

Thanks Stacy.

Hamed

 

[RiverDiva]

I would like to thank Stacy (RiverDiva) for helping me with my insurance for my Howard.

My rate went up with State Farm and She was able to get me a GREAT rate with better coverage with a very reputable insurance company.

Thanks Stacy.

Hamed

No problem Hamed. Glad I could help!!

 

[bunkrepair]

i have a question, my brother took care of the insurance on our other boat and now im gonna be insuring the pontoon is it a good idea to insure it for what it is worth with all new sterio and stuff or what it is worth on nada,etc?

any what does boat insurance run on a 5 to 10k boat per year?