I have full coverage on my Z7 but with my business and all the vehicles (11) total my boat is basically free I asked about coverage and got the run around..I have full replacement up to $33,200 plus 2 mil in personal life liability. And 1 mil in property damage .
With the multiple coverage discount its around $132 per month
2011 Raptor--Full coverage ($1k deductible)
2013 BMW 650i--Full coverage ($1k deductible)
2008 Prius (x2)--both liability only
30' Cruiser ($50k replacement) ($1k deductible)---sits on a lift in the lake
Double axle Aluminum trailer for the above ($7500 replacement-$250 deductible)--in storage lot at the marina
For the record, I have my 2008 BassCat Pantera Classic + 2014 Merc Pro XS 200 + trailer insured for $26,000. $250 deductible. $224 per _year_. I also have my homeowner's, + 3 automobiles insured. All with Allstate. I have no accidents or tickets on my driver's history.
Oldtimer, You will want to check your coverage's and make sure you do not have an Actual Cash Value policy. You always want to get an Agreed Value policy. Feel free to call if you would like. Thanks Bob Luellen 517-627-8080
Actually I would be happier with an actual cash value policy. Blue Book gives $32,000 as the retail value of the boat as it sits... I simply insured it for what I paid for it, not that I ever expect to have a claim. But lower units do hit the bottom of the lake from time to time so that is my main interest.