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Re: Boat Insurance

Posted: Mon Jan 17, 2022 3:14 pm
by makala
I just renewed with geico. My agent was wrongly told they wouldn’t cover Bahamas during hurricane season but that is not the case! We will just need to call them with our travel dates and we are good.

Re: Boat Insurance

Posted: Mon Jul 17, 2023 6:59 am
by MikeH
Is anyone hearing anything on the Florida boat insurance market? I've been hearing that Geico is not renewing policies and/or raising rates. A newer PDQ owner says he went thru a broker and the best rate they found was Progressive at about $4500 per year.

Re: Boat Insurance

Posted: Mon Jul 17, 2023 9:27 am
by duetto
we renewed with gieco but not thru agent. price was roughly the same.

Re: Boat Insurance

Posted: Mon Jul 17, 2023 5:31 pm
by makala
We are in Florida and have Geico and are at $2800/yr. Talk directly to a Geico agent and you shouldn't have a problem- have them look at other PDQ rates in the state. When we first got quotes they thought we were a "high power" catamaran and quoted us a much higher rate- Then they realized these are cruising cats with relatively low HP engines. I think they are raising rates and possibly not covering the go-fast boats with triple/quad outboard engines which run at much higher speeds and theft of the outboards and boats themselves have been a very big problem in Florida. Its hard to remove the Yanmars out of our boats and they are too slow for a thief to take the whole boat :P !!!

Re: Boat Insurance

Posted: Tue Jul 25, 2023 11:36 am
by dstrecker1
Alan,
Is the reduce rates because of the docking system?

Dennis & Cindy Hull 95

Re: Boat Insurance

Posted: Sun Aug 20, 2023 7:52 am
by MikeH
Hi Dennis - I'll answer on behalf of my cousin Alan -

He gets a good discount for the combination of his location - very protected in Palm Coast - and for his Slide-moor system, which is pretty slick.

When I moved Easy Riders' home dock from Madeira Beach, FL to Branford, FL up the Suwanee River, my rate decreased a little with Geico.