"Tamaroak" wrote in message
...
I'm paying about $1100/year to insure a 1997 36' Monk trawler (hull value
$195,000) for chartering in Lake Superior. The low rates probably come
from a short season, fairly boring boating up here and a slow boat.

Capt. Jeff

That's pretty inexpensive considering you charter the boat. I briefly had
charter coverage on one boat and was shocked at the increase in premiums,
even at the minimum number of allowable charters.

RCE

JimH wrote:
............for boat insurance each year, including liability?

I know there are a bunch of variables, most especially where you live. The
bottom line is cost/foot/year.

For 'us':

We have always had an "agreed to" hull value policy and are presently paying
$12/foot/year for both the boat and trailer on our modest 7 year old 20 foot
runabout. We live in NE Ohio and dock in Vermilion, OH on the south shore
of Lake Erie. We also carry an umbrella policy to cover us over and beyond
the boat policy basic $500K liability limits, but that is not figured into
the cost I quoted.

I no longer have the records on what we paid for other previously owned
boats since we sold them so I cannot offer other comparisons, although I
think the cost/foot/year was pretty comparable to what we paid for our 32
footer in 2003.

So what is your cost/foot/year for property and casualty insurance on your
boat..........and where do you live/dock?

Boat US has some excellent rates on their West Coast trawler policies.
My friends in the business have all asked me at least once to quote my
boat insurance, but when they hear that I insure through Boat US they
don't even bother. $90k hull value, cruising area "restricted" to Puget
Sound, Strait of Juan de Fuca as far W as the Washington coastline, and
up the inside to the northern tip of Vancouver Island, (where 90% of
regional boaters spend 99% of their time), and the premium recently
went up from the $350-400 level to about $500. It would be easy to pay
twice as much in the local market.

Note: Read your umbrella policies carefully. We have an umbrella policy
with a limit that is large enough to cover our asse(t)s but one of the
factors the underwriter took into account was our boating pastime. Make
sure your agent and underwriter know you are a boater, or some
companies may deny coverage for a boating related claim.

wrote in message
oups.com...

JimH wrote:
............for boat insurance each year, including liability?

I know there are a bunch of variables, most especially where you live.
The
bottom line is cost/foot/year.

For 'us':

We have always had an "agreed to" hull value policy and are presently
paying
$12/foot/year for both the boat and trailer on our modest 7 year old 20
foot
runabout. We live in NE Ohio and dock in Vermilion, OH on the south
shore
of Lake Erie. We also carry an umbrella policy to cover us over and
beyond
the boat policy basic $500K liability limits, but that is not figured
into
the cost I quoted.

I no longer have the records on what we paid for other previously owned
boats since we sold them so I cannot offer other comparisons, although I
think the cost/foot/year was pretty comparable to what we paid for our 32
footer in 2003.

So what is your cost/foot/year for property and casualty insurance on
your
boat..........and where do you live/dock?

Boat US has some excellent rates on their West Coast trawler policies.
My friends in the business have all asked me at least once to quote my
boat insurance, but when they hear that I insure through Boat US they
don't even bother. $90k hull value, cruising area "restricted" to Puget
Sound, Strait of Juan de Fuca as far W as the Washington coastline, and
up the inside to the northern tip of Vancouver Island, (where 90% of
regional boaters spend 99% of their time), and the premium recently
went up from the $350-400 level to about $500. It would be easy to pay
twice as much in the local market.


$85k hull value. $2100/year. Hurricanes suck.

JimH wrote:
............for boat insurance each year, including liability?


My cost is modest compared to most here, but then so is my boat. About
$160/year Canadian for my 1984 Sirius 21'Sailboat.

Stella

Black Dog wrote:
JimH wrote:

............for boat insurance each year, including liability?



My cost is modest compared to most here, but then so is my boat. About
$160/year Canadian for my 1984 Sirius 21'Sailboat.

Stella


Mine is about $100.00 and is an addition to my home policy.
This covers my 1986 Sandpiper 565, the 6hp Evinrude outboard and the
original Easy Hauler roller boat trailer.

"Don White" wrote in message
...
Black Dog wrote:
JimH wrote:

............for boat insurance each year, including liability?



My cost is modest compared to most here, but then so is my boat. About
$160/year Canadian for my 1984 Sirius 21'Sailboat.

Stella


Mine is about $100.00 and is an addition to my home policy.
This covers my 1986 Sandpiper 565, the 6hp Evinrude outboard and the
original Easy Hauler roller boat trailer.

I used to insure that way - basically a rider on the house policy. Nothing
wrong with it for smaller boats. However, as the boats got bigger and
heavier the potential damage to it or things I might accidentally hit grew
larger. That, plus the fact that oil/fuel spills are not covered by these
types of rider policies became the influence to change to a full bore marine
policy.

RCE

On Fri, 3 Mar 2006 12:23:44 -0500, "RCE" wrote:

That, plus the fact that oil/fuel spills are not covered by these
types of rider policies became the influence to change to a full bore marine
policy.

There are other good reasons as well. My experience many years ago
with a modest claim on a homeowners type policy was that the adjustors
knew almost nothing about boats and marine equipment.

"Don White" wrote in message
...
Black Dog wrote:
JimH wrote:

............for boat insurance each year, including liability?



My cost is modest compared to most here, but then so is my boat. About
$160/year Canadian for my 1984 Sirius 21'Sailboat.

Stella


Mine is about $100.00 and is an addition to my home policy.
This covers my 1986 Sandpiper 565, the 6hp Evinrude outboard and the
original Easy Hauler roller boat trailer.

My homeowners covered my 14' / 15 hp boat and trailer for no additional
cost. But for the 21' $20k boat they wanted $600 and not an agreed on
value. I have BoatUS for $250 a year, and this is an all year boating area,
plus I add the trailer towing insurance as 3A will not tow the trailer if
problems. Called one time to alert them that I might need the trailer
towed, and they were very helpful. Managed to tie up the axel that lost the
spindle and made it home about 60 miles.