re: Boat Insurance

I just have liability through State Farm. Super cheap.


Unless you have a yacht or a 100k boat then full coverage boat insurance is a waste of money in my opinion. I carried it for awhile and tried to use it once. I hit a stump going 20 mph and it broke off the skeg on my outboard motor. Quoted a price of $1,400 to fix it. I called State Farm and they said my deductiable was $2,000. I said ok, well this almost takes care of my deductible for the year and they told me the deductible amount starts over every month. Are you kidding me! Also, they said hitting underwater objects is not covered anyway. What a complete waste of money. I dropped the policy the next week.