[C320-list] Insurance survey

[Jeff Church]

Russ,

Good idea. I've intended to change carriers but needed a few points of 
comparison.

My State Farm policy has low limits and lacks some essential coverage:
Year- 1998
Location- US and Canada
Deductible- 1000
Agreed value- 85000
Liability- 100000
Fuel spill- None
Medical- 1000
Personal effects- 100
Other losses- 1000
Uninsured boater- None

I received this quote from BoatUS in January of 2004:
Year- 1998
Location- Great Lakes
Premium- 625
Deductible- 850
Agreed value- 85000
Liability- 300000
Fuel spill- 500000
Medical- 1000
Personal effects- 3000
Uninsured boater- 300000

JeffC



----- Original Message ----- 
From: "Russell Monaco" <russgm at yahoo.com>
To: "C320-List" <C320-List at catalina320.com>
Sent: Monday, April 17, 2006 10:52 AM
Subject: [C320-list] Insurance survey


>I was wondering with such a large group what the situation is with boat 
>insurance.  Since we all have the same boat, and they are mostly within 10 
>years of age of each other, theoretically we should all pay about the same 
>thing for insurance(if we were in the same place).  But I bet alot of 
>differences exist, maybe this is some way we can figure out if one company 
>treats us better than another, and of course we can also figure out what 
>some of the geographical differences are, I have a feeling people on the 
>Great Lakes pay alot less than people in Florida as one example.  I have a 
>feeling Liability coverage/premium differences won't be so great, or such a 
>big component in our policies (at 7 MPH we don't do much damage) but I 
>think most of our premium is of the boat being damaged by weather variety.. 
>So feel free to pull out your most recent bill and let us know the 
>following:
>  A) Year of boat, B) Location, C) Insurance Co., D) Annual Premium, E) 
> Anything else I didn't think of.
>  Maybe we could even negotiate a group rate???
>  Russ Monaco
>  Commodore C320IA