I was looking at a fishing tournament application and it said I needed to have minimum of $300,000 boat liability insurance coverage. Is this something most boaters have even if they don't do tournaments? I had never really thought about it but I guess makes sense to protect your assets in case of an accident.
My old 1996 has full covreage. I think I pay $250 a year.
So when you say full coverage, are you also talking about boat & motor replacement if they get damaged? What kind of deductible? I'd pay for something like that on my '83 Evinrude. That thing's gotta die in the next few years, right? Of course, insurance probably would only pay me what it was worth (nothing) instead of what it would cost to replace with a new one ($4000).
If I remember right, its just like auto insurance. I would have to look it up.
I just checked my USAA insurance and they refer me to Progressive. They have a pretty good wizard allowing me to enter all of the info/options and get an estimate. It makes sense for me to get at least liability insurance so that I'm not at risk in case something bad on the lake happens. Plus, at a certain point, they throw in towing coverage in case something happens on the road and for a little more, include boat tow coverage as well. Regardless, for my 1983, it was still around $125 to $175 per year depending on the options. I can spend that much fairly quickly with boat supplies, reel, camping gear, etc. Makes complete sense to me to get it (I'm not a risk taker really).
Progressive is great, they don't treat your boat like a car, they actually cover the gear in the boat. They are also great for RV insurance as well. There costs are low and the coverage exceeds everybody else.
Ditto on Progressive. 170 bucks a yr for my rig.
bought it.
Just updated my insurance for my boat. I have comprehensive and collision with low deductible. I was wondering if others have confirmed if normal mounted fish finders fall in the category of permanently fixed or portable. Reason is they have a "Portable Fishing equipment" item I have no coverage and that would cover things like rods, reels, tackle box, portable fish finder, etc. Getting portable fishing equipment covered for $1000 with $250 deductible costs me $70/year more - seems a bit high. I can get a good portion of my zebcos and tackle for the cost of that $250 deductible.
What's the general consensus - pay the extra amount for portable fishing equipment covered? Obviously I plan to stow away any expensive stuff but may be cases by boat ramp you can't control.
I asked the guy that given my fish finder has hand-tighten screws is that considered portable or not and he said it's not portable - it's part of the fixed unit.
I know someone on this site got stuff stolen - just want to hear from experience. FYI I use Progressive for USAA members.
Talk to both your boat & homeowners insurance agents as some of the "non attached" or "portable" stuff like rods, tackle & possibly your electronics could be covered under your homeowners policy. Everything is through State Farm for me....
Another thing for the casual fisherman with a small boat (12 foot and under, 9.9hp and under) used to be covered under home owners automaticaly for liability
Matt--Check your home owner policy for coverage on rods/reels/equipment etc coverage. However, be advised---Insurance companies do not tolerate "personal claims" ---claiming a loss for personal items often result in one being placed on what I call an Insurance "Black List"---once a claim is paid, renewal and obtaining future coverage BECOMES , NOT ONLY DIFFICULT , BUT EXTREMELY EXPENSIVE---Do the math---if your electronics and other "equipment" would happen to disappear and you file a claim--$250 deductible + future insurance costs---talk to your insurance agent--they , often, will give you valued advise--
I carry full coverage, however, on the portable items---I "No Bid" the coverage---I have the usual electronics--2 Hummingbird Fish Finders, plus the Hummingbird 597, the usual rods/reels and tackle--accumulative, the replacement costs would be significant. However, if my boat were to be completely destroyed--after pro-rating all the stuff---the significant factor is the MOTOR, then the boat, then the trailer , then the trolling motor- ( I do pull the 597 and the trolling motor when I store the boat)--replacing the other "stuff" is off set with a $250 deductible-Your calculus may differ
I am on another site quite a bit , Walleyecentral.com ,some of are as well , if you have boating insurance questions check this out , http://www.walleyecentral.com/forums/forumdisplay.php?f=42 , I do not know if he is licensed in AZ but Bob insures all of my boats ,he is a straight shooter and will answer your questions ,he is also a semi pro walleye fisherman and knows boats and the industry. as for Progressive there is are reasons most of my fellow northern walleye fisherman do not use progressive . But don't take my word for it check out the link, watch the vedio ask questions and decide on your own , low price dosen"t always mean a good deal . Tight lines and soon I will be returning to AZ