1 reply to this topic

[Kevin Leclair]

I want to share some potential cost savings that might help some of you out in regards to boat insurance. In shopping for boat insurance on our 210 Wake to replace our coverage of our 180 Challenger we compared two companies - Progressive vs. Boat U.S.

I got a quote (see quote attached below) from Progressive which is who we had our 180 Challenger insured with previously, when the quote came back it was a lot higher than I expected. I bumped it up to a $1000 deductible to see how this would affect it, but still that didn't make much difference - it was $1039 per year.

 progressive-quote.png   24.12KB   15 downloads

I then decided to get a quote (see quote attached below) from Boat U.S. to see how they compared. To my surprise they were almost half what Progressive was quoting with lot less of a deductible. Their dedectible is typically 1% of the insured value so it made it $450 for our policy. The quote came in at $553 per year which was much better so this is what we went with.

 boat-us-quote.jpg   758.38KB   15 downloads

When comparing the two I kept the coverage amounts the same so I would have a "true" comparison in the quotes. Even keeping them the same it seemed that Boat U.S. offered some better options than Progressive. To quote the rep I spoke too he said, "This is what we do - insurance for boats, we don't insure anything else". With this statement I believe he was trying to tell me that while other companies out there offer boat insurance it doesn't mean this is their expertise.

It is worth a shot, if you don't already have Boat U.S. for insurance, get a free quote and see if they can save you any money!

Please let us know if you end up saving any money, we would like to hear about it.

[arboldt]

I want to share some potential cost savings that might help some of you out in regards to boat insurance. In shopping for boat insurance on our 210 Wake to replace our coverage of our 180 Challenger we compared two companies - Progressive vs. Boat U.S.

I got a quote (see quote attached below) from Progressive which is who we had our 180 Challenger insured with previously, when the quote came back it was a lot higher than I expected. I bumped it up to a $1000 deductible to see how this would affect it, but still that didn't make much difference - it was $1039 per year.

I then decided to get a quote (see quote attached below) from Boat U.S. to see how they compared. To my surprise they were almost half what Progressive was quoting with lot less of a deductible. Their dedectible is typically 1% of the insured value so it made it $450 for our policy. The quote came in at $553 per year which was much better so this is what we went with.

When comparing the two I kept the coverage amounts the same so I would have a "true" comparison in the quotes. Even keeping them the same it seemed that Boat U.S. offered some better options than Progressive. To quote the rep I spoke too he said, "This is what we do - insurance for boats, we don't insure anything else". With this statement I believe he was trying to tell me that while other companies out there offer boat insurance it doesn't mean this is their expertise.

It is worth a shot, if you don't already have Boat U.S. for insurance, get a free quote and see if they can save you any money!

Please let us know if you end up saving any money, we would like to hear about it.

Interesting. Our policy renews first of July, and I also compared Progressive and Boat US. For us, Progressive had a slight edge, and once I added in Boat US membership, Progressive was a lot less. I also checked about adding the Doo as a rider on our homeowners policy but that carrier won't cover jetboats for some reason. I'd briefly checked a couple other carriers, and Progressive and Boat US were the best. Must be the location makes a big difference -- our annual premium is $122.