Boat Insurance - Learned Something New Today!

[DMW1960]

Been Talking With Shockley32 About Him Loosing His Lower Unit On His Boat. Brad Hit Some Stuff And Bent His Shaft And Lost His Grease And Bamb It Locked Up. Well He Was Telling Me That His Insurance Covered All But $250.00 Of The $2750.00 Total Bill.

Ok So I Am Thinking, Just Upgraded The Prop On My Boat To A Stainless Steel Prop. Maybe I Better Call My State Farm Agent In Bolivar To Make Sure I Have Insurance On My Lower Unit! I Sure Wouldn't Want To Take A $2750.00 Hit Right Now!

Well What Do You Know My Standard State Farm Boat Insurance Policy Has A $250.00 Deductable On Me Having Impact Damage To My Lower Unit!

Now I Can Stop Taking Those Nerve Pills When I Try To Follow Oss On Truman! I Am Covered! Now All I Have To Worry About Is Not Turning The Boat Upside Down! Lol!

And Thanks Again Brad For Answering This Green Pea Boat Owners Questions!

Those Of You That Have Boat Insurance Might Want To Check To Make Sure You Have Coverage For Lower Unit Damage!

Those Of You Who Don't Have Boat Insurance Might Want To Check Into It!

[shockley32]

Dan,

Don't rest too easy I have a friend that flipped my 17' alumnium with a 70 horse johnson upside down! It was the crazyiest thing ever. Happened at Talley Bend boat ramp. The worst part of it all, he had the trailer backed into the water and was trying to load the boat when it happened. It was a mess, I lost my trolling motor, motor cover, electronics, several, several, several jigs and a handful of rods and reels. It happened on April 1st and I like to never convince my dad to come help!!! He just kept saying, "Yeah, your boat is floating upside down. I really believe that."


The real reason to carry insurance is more than just the lower unit. If you sink a boat the EPA will make you remove it, of course with specialized people. They then stick you with a great big fine for every day the boat is in the water. There is no more of the "if it sinks we'll just leave it at the bottom" stuff.

After the boat flipping over incident I went to my insurance agent and said cover me for everything. Told her if I had a problem I was going home and she would have to take care of it.

Brad

[DMW1960]

Ouch! Well The Main Reason I Carry Insurance Is Because Of All The Morons Out There! When Someone Runs Over Me On The Highway Or On The Water I Want To Make Sure My Funeral And Medical Costs Are Paid For! I Just Hate Pulling My Boat Across Town Here In Springfield! I Have Had People Just See How Close They Could Get To That Prop! Or If Someone Steals My Boat I Want It Replaced. Some Insurance Policies Cover What Ever You Pull With Your Pickup Or Car And Some Don't. I Have Every Trailer That We Own Covered On It Own Policy. Everything Thing From The Stupid Little 4x6 Atv Trailer That Dad Hauls The 4-wheeler On, The Enclosed Fireworks Trailer Wife Or I Pull To Shows, To The Flat Bed Gooseneck That I Haul Tractors And Equipment On And The Gooseneck Cattle Trailer. If I Have A Registered Cow Break Her Leg As I Am Or Dad Is Taking Her To The Vet She Is Covered. Every Trailer Has A Locking Hitch On It. It Is Sure A Pain To Keep Keys Around For All Of Them. Especially Since The Trailers Can Be 60 Miles Apart At Any One Time.

Finding Out Today That My Insurance Covered The Lower Unit To Me Was Just A Bonus! Fact Is I Have Been Worried What Would Happen And How Much It Would Cost Me If I Lost The Lower Unit. I Never Thought About It Even Being Covered, It Was More The Accident Or Stealing Side Of It I Was Thinking About.