The single biggest difference between boat policies is how they pay after a total loss. Ask this question before you ask about price.
After a total loss, the payout is your boat's depreciated market value on that day, minus deductible. Ten seasons of sun and salt come off the check. Cheaper premium, and you find out what it really bought at the worst possible time.
Total loss on a boat you insured at $40K: market says $24K
You and the carrier agree on the hull value when the policy is written. A total loss pays that number, and partial losses typically replace parts new for old without depreciation. This is the coverage marine specialists write for themselves.
Same loss, agreed value policy: pays the $40K
The boat itself, motor and attached equipment, settled at the agreed number.
The line your marina wants proof of, plus protection when the other boat has nothing. Fuel spill and wreckage removal included where required.
A dead engine off the jetty is a phone call, not a crisis. Towing and emergency service riders are cheap and worth it.
Rods, reels, GPS, fish finders, wakeboards, and the gear that actually makes it your boat.
Trailer coverage for the ramp-and-driveway fleet. Year-round SoCal navigation, with Mexico endorsements available for Ensenada and Coronado Islands runs.
Wakes, weekends, and bay cruising. The Mission Bay standard.
often $25 to $50/moMost sailboats nationally insure for under $500 a year. Coastal SoCal runs somewhat higher.
frequently under $60/moGear coverage matters as much as hull. Up to five figures of tackle rides along.
quoted with gearLiability-heavy, theft-prone, and cheap to insure properly.
from ~$20/moQuote it this week, boat this weekend. One agent, one office on Garnet Ave, and a certificate your marina will accept.
Quote my boat Or call Cesar direct: (619) 673-8504