Boat Insurance

Team Beef · #1 04-25-2019, 04:23 PM

Well its that time again.
Time to renew and I just got an INCREASE of $175 to my policy from last year.
Grrrrrrr

Dont know why, no claims in over 30 plus years.
Who do you insure with?
Thanks

dodgeboy1979 · #2 04-25-2019, 04:35 PM

I use Nautimax for my boat insurance.

Gretz5582 · #3 04-25-2019, 05:02 PM

Just got my renewal from nautimax. Up 100 bucks

old dog · #4 04-25-2019, 06:02 PM

Seems like all insurance types went up this year

Drewski Canuck · #5 04-25-2019, 06:10 PM

Insurance companies do not lose in the long run

Even with catastrophic losses like Slave Lake and Fort Mac there are reinsurers like swiss re, and Aetna to spread global risk.

At the end of the day rates go up to cover claims experience

Drewski

Buckhead · #6 04-25-2019, 06:16 PM

Boat went up $30.
Pickup down $65.
House up $200.

calgarygringo · #7 04-25-2019, 07:28 PM

All you Nautimax guys actually are insured throigh Aviva. They are hurting bad so everyone is paying. Welcome to the insurance world that I live in every day. Lucky for me I dont deal with you customers.

astepanuk · #8 04-25-2019, 08:20 PM

Check Out portside marine insurance paying 500 a year for my pontoon boat *1 (844) 491-0963‬

AndrewM · #9 04-25-2019, 09:21 PM

Quote:

Originally Posted by astepanuk

Check Out portside marine insurance paying 500 a year for my pontoon boat *1 (844) 491-0963‬

Switched to them and saved $100 off Aviva Nautimax. Worth a call.

SamSteele · #10 04-25-2019, 09:48 PM

Portside is the cheapest for boat insurance and usually has higher liability coverage than others. Switched from NautiMax and saved a bunch.

Puma · #11 04-27-2019, 04:20 PM

Definitely shop around, huge difference in premiums for same coverage in my case.

I ended going with my home insurance, Wawanesa and saved a couple hundred bucks.

FishHunterPro · #12 04-28-2019, 06:37 AM

Check your policy with Aviva natimax , I noticed a huge change that’s probably going to make me switch. The boats not covered now while being trailered on land.

-JR- · #13 04-28-2019, 07:38 AM

So whats your reason for getting Insurance on your boat .
Mine is theft

dodgeboy1979 · #14 04-28-2019, 09:07 AM

Quote:

Originally Posted by -JR-

So whats your reason for getting Insurance on your boat .
Mine is theft

Various, theft being at the top, incidental damage while using it, liability if you hit a swimmer etc......

Duramaximos · #15 04-28-2019, 11:21 AM

Quote:

Originally Posted by FishHunterPro

Check your policy with Aviva natimax , I noticed a huge change that’s probably going to make me switch. The boats not covered now while being trailered on land.

Where do you see this on your policy?
Just checked mine and I don't see any specifics on this.

Sent from my SM-N960W using Tapatalk

Ken07AOVette · #16 04-28-2019, 11:50 AM

My boat is insured through Co-operators, $800 for $125,000.00 including trailer and gear, not including tackle. Nothing went up this year.

calgarygringo · #17 04-28-2019, 12:05 PM

Just an insurance tip for anyone that adds your boat to your vehicle or home insurance. If you do make a boat claim that is a strike against your home or auto insurance. In these crazy insurance times it is the last thing you need. We always recommend boats,rv, trailers on a separate policy. You get better coverage separately too. Just trying to make sure you guys know some basics that may save you now and later thst most are not aware of and insurance people may not have mentioned.

FishHunterPro · #18 04-28-2019, 08:45 PM

Quote:

Originally Posted by Duramaximos

Where do you see this on your policy?
Just checked mine and I don't see any specifics on this.

Sent from my SM-N960W using Tapatalk

I will have a look, it’s said on my renewal I just got that there was important policy changes and that was one of them . I haven’t phoned them yet about this but there’s no way I’m paying the same price and loosing over land coverage.

FishHunterPro · #19 04-28-2019, 10:04 PM

There’s no liability coverage now while trailering over land.

SamSteele · #20 05-01-2019, 07:26 PM

Just got my boat insurance from Portside. $81k boat with content insurance additional, $2mm liability, etc for $597 per year. Covers trailering as well.

Mountain Guy · #21 05-01-2019, 11:28 PM

Fact is, your not paying to insure your stuff....your paying to cover everybody else's losses.
Get used to it because its not going to get any better.

7magtime · #22 05-02-2019, 11:42 AM

Quote:

Originally Posted by FishHunterPro

There’s no liability coverage now while trailering over land.

Wow, did your bill for this year go up from last year with losing that coverage?

fish99 · #23 05-03-2019, 12:36 PM

Quote:

Originally Posted by 7magtime

Wow, did your bill for this year go up from last year with losing that coverage?

liability is with the tow unit.

Team Beef · #24 05-04-2019, 06:51 AM

Well it pays to shop around.

Thanks to the tips I just saved $400 by changing to Portside. Same coverage, deductibles etc plus there are NO restrictions as to when I can use my boat. Last policy stated I had to have the Boat in storage from Dec 01 too Mar 31.

old dog · #25 05-04-2019, 12:43 PM

So after reading this. I emailed my insurance agent and she is going to check out the changes as she has heard the same thing within the industry. Would strongly advised others to do the same

FishHunterPro · #26 05-05-2019, 04:33 PM

Quote:

Originally Posted by fish99

liability is with the tow unit.

I will double check to see if that is the case than it’s no big deal, you need to be covered if your trailer broke free and killed people. Worst case scenario