07-10-2007, 01:03 PM
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#9
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Senior Member
Join Date: Jul 2004
Posts: 2,984
Thanks: 246
Thanked 743 Times in 443 Posts
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Quote:
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Originally Posted by NightWing
My experience with BOATUS Insurance was that the annual premium was pretty close to 10% of the declared value of the boat. When my boat was new, I declared the sticker value at 56K and the insurance was around $560. After a few years, I dropped the declared value down to 40K and the insurance dropped to around $400. That was several years ago and it may have changed.
Your carrier might consider your PWC a high liability risk.
Check with BOATUS. You have to join to buy insurance, but the membership cost is very reasonable.
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You mean 1%, right?
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