[C320-list] Insurance renewal

[Greg Arnold]

I have $300K liability on my boat policy, with my umbrella policy
covering me from $300K up to $5M.


On 5/19/2023 3:18 PM, Greg Flanagan via C320-list wrote:
> FYI.  I pay ~$C500 (~$US375) on a $C100,000  replacement. However, I am intrigued by the low liabilities people are carrying. I had $1 million a few years ago but had to raise it to $2 million in order to use yacht club reciprocal docking. A $million doesn’t buy you much these days.
>
> Cheers,
>
> Grreg
> Hoop Dancer #1076
> Sidney, BC
>
>> On May 19, 2023, at 1:52 PM, Dave Hupe via C320-list<c320-list at lists.catalina320.com>  wrote:
>>
>> Sorry to relay this after reading other's input, but my boater's insurance is $186/year total ($15.50/month) from State Farm, bundled with our car and apartment renters insurance. Our premium was $473/year when we first insured it with them in 2017, but the rate dropped substantially after 3 years (still don't know why but didn’t want to question too much). I argued the initial high premium with them that didn't make any sense compared to a friend's younger/more valuable 320 at a lower premium.
>> Our 1994 boat value is listed at $48k, we have $500 deductible, $300k liability coverage, $1k medical insurance per person, $1k emergency service.
>> Dave Hupe
>> 1994 C320 #32
>> Holland, MI
>>
>> Sent from Yahoo Mail on Android
>>
>> On Fri, May 19, 2023 at 2:35 AM, Christopher Nichols via C320-list<c320-list at lists.catalina320.com>  wrote:   I had my increasingly frequent sticker shock yesterday seeing my
>>    insurance renewal come in at just over 1800 bucks. For an inshore
>>    policy in NE US this appears rather high (and 400 more than last
>>    year).
>>    Is anyone else in a similar situation and importantly has anyone found
>>    a better deal?
>>    For background I have been with the firm since I bought the boat in
>>    2010 and have never had any claim. The boat is afloat for only 5 weeks
>>    a year for our annual cruise and lives in a dry storage shed inland for
>>    the rest of the year.
>>    Chris
>>    (C320 #476 AmandaRose)
>>
>>
>>