What is the going rate for boat insurance?

Question

I was thinking of purchasing a 17 to 24 foot in length crownline boat with a V-8 engine (not sure how big of V-8) and trailer. I have no idea what insurance will run and thought I would ask. Thanks in advance for your answers.

Answer 1

There are so many variables to consider that providing an answer is not easy. Things like your experience, location, where you're going to be boating, age of the boat/trailer, etc.

A 17, 18, 19 footer with a V-8 may/may not be insurable and considered over powered by some insurance agencies.

Guesstimate? Our 33' cruiser w/ twin V-8's runs us a little more than $1,000 per year. You might figure on maybe $500 - 700 per annum.

The easiest way to find out is to let your fingers do the walking by either calling or emailing carriers. BoatUS, National Marine Underwriters are two good ones specializing in marine insurance and don't forget to check with your auto insurer.