Re: [Paddlewise] Insurance for Boat Theft,

Robert C. Cline wrote:
> 
> I second the motion.  Who else has boat insurance??

We talked with out agent (state farm) about boat insurance awhile ago,
trying to sort out what sort of insurance made sense.
Their rates really are more geared more toward larger, power or sail boats.
Adding to the complexity, is the two pygmy coho's, homebuilt, which
the insurance company really doesn't have a clue about replacement
value.  I might be able to get reimbursment for the cost of
the kit, but not my time building them, or finished value.

I think what it worked out is that under the homeowners policy, the 
store bought kayaks would be covered up $1000.  If they were valued 
above that, you needed to get a per boat insurance policy, like for 
a car or power boat.

So since we mostly have rotomolded in the fleet other than the pygmys, 
it wasn't worth getting a seperate policy, If I had a nice, expensive
fiberglass or kevlar kayak, worth several thousand, it might be
worth having a seperate policy for that.

So, ask around, what will be covered, what is the deductable, is there 
a maximum payout per incident (and what if gear is stolen at the 
same time)? When if at all does it make sense to have a seperate 
policy per kayak.  What does the boat policy cover?

dave
***************************************************************************
PaddleWise Paddling Mailing List - All postings copyright the author and not
to be reproduced outside PaddleWise without author's permission
Submissions:     paddlewise_at_lists.intelenet.net
Subscriptions:   paddlewise-request_at_lists.intelenet.net
Website:         http://www.paddlewise.net/
***************************************************************************