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Insurance for 34' CC?

Old 02-18-2021, 11:41 AM
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Default Insurance for 34' CC?

What should/would insurance cost for a new 34 center console with twin 425?
Old 02-18-2021, 12:27 PM
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~$5k/year
Old 02-18-2021, 12:35 PM
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Depends on where you live but in the northeast I was paying a little north of a grand for a 4 yo 35’cc with replacement cost on the motors. The rate stayed the same pretty much as the depreciated value went down. $5k seems like a lot.
Old 02-18-2021, 12:50 PM
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Originally Posted by BACKTOTHESEA View Post
Depends on where you live but in the northeast I was paying a little north of a grand for a 4 yo 35’cc with replacement cost on the motors. The rate stayed the same pretty much as the depreciated value went down. $5k seems like a lot.
$5400 for 36 with trip 300's NE Florida, as a reference.
Old 02-18-2021, 03:31 PM
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Call a couple of brokers....
Old 02-18-2021, 03:36 PM
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I’m at $3200 for a 33 Grady thats rack stored in a Hurricane proof building. 2013 so a little older, but still a lot I think. I’m going to start shopping around again. I’m with Geico. A lot of the high rates have to do with the overall value. I think I’m going to try with a larger deductible and see how that works.
Old 02-18-2021, 03:42 PM
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An acquaintance just got a brand new 32 sea vee. We are in south florida (miami). And his insurance is crazy expensive 6800. He was quoted 5400 but when the boat was about to be delivered the that actual statement was much higher. There is nothing you could do about it . Either pay it or sell it. It's only going to get worse. My insurance stayed the same and I was shocked .
Old 02-18-2021, 04:19 PM
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Twins vs trips? Where it is used? Who is the builder? Where is it stored? How is it stored? What is your credit like? What is your insurance record like? Are you insuring declared value or replacement cost?

No one in here is going to be able to give you even a remotely accurate WAG without some more information.There are plenty of brokers out there that will help you get in the ballpark.
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Old 02-18-2021, 05:19 PM
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Originally Posted by BACKTOTHESEA View Post
$5k seems like a lot.
Welcome to FL!
Old 02-18-2021, 05:20 PM
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A bunch of factors here, your age, driving record, credit, location, age of boat etc.
Old 02-18-2021, 05:52 PM
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$4100 for a new Cobia 350 just delivered with twin 425s. SW FL. $17k Deductible($250 on electronics only), $350k agreed value, $500k Liability, $25k medical, 1m fuel/other spill, $500k uninsured boater. Can go with a high 90k deductible on Storm, Theft, and Lift accidents for about a grand cheaper.
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Old 02-18-2021, 06:05 PM
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Call Michelle at Total Dollar.
Old 02-18-2021, 06:06 PM
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$1,550 Agreed Value, mid atlantic use area.

Old 02-18-2021, 06:47 PM
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Also depends if have a Bahamas endorsement, that seems to have made mine go up a lot!
Old 02-18-2021, 07:59 PM
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$2,200 in the Mid-Atlantic. 34 Regulator, trip 300's. Agreed Value. Must be north of the GA line during hurricane season.
Old 02-19-2021, 06:10 AM
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$1950. New 2021 290 SeaVee twin Merc 300 v8's. South Florida, agreed value policy, full Bahamas coverage. Timing was right where a few policies opened up offering the coverage amount I wanted. All other quotes were around $3000

Old 02-19-2021, 06:20 AM
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2% of replacement value is good rule of thumb in s florida.
Old 02-19-2021, 07:13 AM
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Originally Posted by SeaDawg95 View Post
2% of replacement value is good rule of thumb in s florida.
Yes
Old 02-19-2021, 09:58 AM
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Unfortunately I'm in hurricane alley in Miami. But on the flip side, 5o years old, good record, no insurance claim history, new boat which will be secure. Let's see what I get...
Old 04-07-2021, 07:56 AM
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Originally Posted by joemat View Post
$1950. New 2021 290 SeaVee twin Merc 300 v8's. South Florida, agreed value policy, full Bahamas coverage. Timing was right where a few policies opened up offering the coverage amount I wanted. All other quotes were around $3000
This seems like a great price - who are you with?

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