clemsondds Posted January 26 Share Posted January 26 Sold my boat a few months ago and getting another here in a few weeks. I had my boat insured through farm bureau, but I never felt real confident in what exactly was insured. Now that I have well over a few thousand just in rods/reels...thought I might get a little better handle on insurance. Can you guys share any advice on insurance and what I should look for? Thank you for your thoughts Quote Link to comment Share on other sites More sharing options...
Super User ol'crickety Posted January 26 Super User Share Posted January 26 To be frank, I never even considered insuring my boat and tackle. I didn't consider it as a possibility. I hope you get some good advice. 1 Quote Link to comment Share on other sites More sharing options...
king fisher Posted January 26 Share Posted January 26 I use Tim's loose your shirt insurance. 100% guarantee zero reimbursement if insured items are lost or stolen. No premiums, or money down. I loose all my tackle, one lure at a time, I wonder if I could get snag insurance. 1 2 Quote Link to comment Share on other sites More sharing options...
Super User gimruis Posted January 26 Super User Share Posted January 26 I use Progressive. It has a vanishing deductible, and I've never submitted a claim so the premium has gone down every year. In 2 years, it will not have a fee at all and I'll still have full coverage (assuming I don't have a claim). It was originally a $500 deductible so anything I lose or gets stolen that's 500 bucks or less is just a loss that I accept. My boat policy covers anything that is physically bolted down to the boat or trailer. I have a rider policy added for tackle that covers up to $5000. Boat insurance is dirt cheap. Its not required by law here in MN but you would really have to be a gambler not to have it if your rig had any kind of significant value. 3 Quote Link to comment Share on other sites More sharing options...
Super User Bankc Posted January 26 Super User Share Posted January 26 Back when I had a boat, I used the same company as my auto insurance, USAA. But I didn't insure my tackle or anything. Now I just have a kayak and let my homeowner's and auto insurance cover it as part of their general policy. Insurance varies greatly from state to state. So I'd just shop around and see what options you have. What works for one person may not even be available in your area. Plus, most of the time you'll get discounts for using the same company to insure multiple things. So I'd start by asking your current insurance company, or companies, what they have to offer. Quote Link to comment Share on other sites More sharing options...
mcipinkie Posted January 26 Share Posted January 26 I agree with gimruls. I use Progressive, also. I have had a couple claims. Handled very well. No complaints. Very cost effective. Most of the bigger tournaments here in Missouri are requiring liability coverage. The one I fish mandates $300K. You need liability, period. Ambulance chasers can get everything you have, and ever will have. Your boat, and your stuff, is your risk unless you've financed it. 2 Quote Link to comment Share on other sites More sharing options...
Super User gimruis Posted January 26 Super User Share Posted January 26 I forgot about the tournament requirement. Good call @mcipinkie Quote Link to comment Share on other sites More sharing options...
Super User A-Jay Posted January 26 Super User Share Posted January 26 Been using Progressive through USAA to cover my rig since 2016. I bundle home, vehicle & the boat coverage. (USAA) Remember it's important to review your policy annually. Update & or modify it as needed. I do mine right before I re-new it in the spring. (May) https://www.progressive.com/usaa/ My policy covers Physical damage option Total Loss Replacement/Purchase Price Disappearing Deductibles Bodily Injury & Property Damage Liability Fuel and Oil Spill Uninsured Boater Medical Payments Comprehensive Collision Included with Comprehensive and (if purchased) Collision Disappearing Deductibles,Wreckage Removal,Marine Electronics,Trailer Included Propulsion Plus® Sign & Glide® Coastal Navigation Hurricane Haul Out Replacement Cost Personal Effects Roadside Assistance Selected with Trip Interruption A-Jay 2 Quote Link to comment Share on other sites More sharing options...
Super User Choporoz Posted January 26 Super User Share Posted January 26 Progressive through USAA would write a policy in NC. Got GEICO. Fairly cheap and comes with BoatUS tow insurance. Quote Link to comment Share on other sites More sharing options...
DaubsNU1 Posted January 26 Share Posted January 26 Updated: I have Progressive as well. Insured for purchase price ($30k). Full coverage with $500 deductible. $500k liability coverage for bodily injury, property damage, includes fuel spill liability, $2,500 medical each person. $105 for the entire year. Well worth the money in my mind! 1 Quote Link to comment Share on other sites More sharing options...
Super User Dwight Hottle Posted January 26 Super User Share Posted January 26 Another vote for Progressive. Quote Link to comment Share on other sites More sharing options...
Super User Jig Man Posted January 26 Super User Share Posted January 26 I have State Farm and have had it through several boat claims and three tornados. Quote Link to comment Share on other sites More sharing options...
Super User Columbia Craw Posted January 26 Super User Share Posted January 26 AFI and it’s part of my home and auto. The policy even covers the EPA fine if my boat pollutes. I added a binder to increase coverage on my tackle which is considerable. Quote Link to comment Share on other sites More sharing options...
Super User Bird Posted January 26 Super User Share Posted January 26 BIA " boaters insurance agency " they only do boats. Quote Link to comment Share on other sites More sharing options...
crypt Posted January 26 Share Posted January 26 progressive also....bundle was the way to go. 1 Quote Link to comment Share on other sites More sharing options...
T.J. Posted January 27 Share Posted January 27 I use All State. Same as cars. I fish a lake that requires $500k liability coverage to get a permit. It was only like $20 more a year over the standard $250k or $300k. Quote Link to comment Share on other sites More sharing options...
K1500 Posted January 27 Share Posted January 27 State Farm, same as the cars and house. I believe tackle is covered under homeowners (subject to limits). Quote Link to comment Share on other sites More sharing options...
Super User Log Catcher Posted January 27 Super User Share Posted January 27 I have American Modern Property and Casualty insurance. This is through AAA. Several years ago when I was shopping for a new insurance company the agent I talked to told me to always have a separate policy for your boat. He said if something happened and it was covered under your homeowners you could end up losing your house. Quote Link to comment Share on other sites More sharing options...
Woody B Posted January 27 Share Posted January 27 I've got minimal coverage on my boat, but I have $300K liability through NC Farm Bureau. I don't fish tournaments in this litigious age liability insurance seems like a good idea. Quote Link to comment Share on other sites More sharing options...
Wjk58 Posted January 27 Share Posted January 27 Progressive here also Quote Link to comment Share on other sites More sharing options...
Super User gimruis Posted January 27 Super User Share Posted January 27 1 hour ago, K1500 said: I believe tackle is covered under homeowners Homeowners insurance generally only covers items you lose or that get stolen from your residence. This is why I added a rider for my tackle. If someone steals your boat and all your tackle in it while its away from your house (like if your at a hotel or resort), your homeowners isn't going to cover it. And your boat policy only covers the actual boat plus items physically attached. I've heard of people having rod n reels stolen right out of their boat while it's sitting on the dock. Just something to think about. Quote Link to comment Share on other sites More sharing options...
Super User A-Jay Posted January 27 Super User Share Posted January 27 24 minutes ago, gimruis said: . And your boat policy only covers the actual boat plus items physically attached. Not all policies are the same. Many will cover tackle. I think mine caps out at 10k. So I could probably replace like 3 Pop Max and a vision 110 for that. A-Jay 2 2 Quote Link to comment Share on other sites More sharing options...
Super User gimruis Posted January 27 Super User Share Posted January 27 24 minutes ago, A-Jay said: Not all policies are the same. Ya you're right. I thought about my previous post after I made it and thought it could be different based on the policy. I had to add a rider to mine to specifically cover the tackle if something happened to it away from home. Quote Link to comment Share on other sites More sharing options...
VolFan Posted January 28 Share Posted January 28 State Farm for me. It is bundled with my home and auto and costs about $7 per month. Our local agent has been great through a few home/auto incidents and happily talks through any questions. I would say it’s like mechanics - find one you trust and hold onto them. 1 Quote Link to comment Share on other sites More sharing options...
Super User GaryH Posted January 28 Super User Share Posted January 28 5 hours ago, VolFan said: I would say it’s like mechanics - find one you trust and hold onto them. Best advice yet. 👏👏👏 Quote Link to comment Share on other sites More sharing options...
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