texasfishingforum.com logo
Main Menu
Advertisement
Affiliates
Advertisement
Newest Members
Brasberry, Ryan Butler, Hemingway, TxFalcon, Stan D
109268 Registered Users
Top Posters(All Time)
TexDawg 90,106
hopalong 78,911
Pilothawk 77,517
John175® 69,819
JDavis7873® 67,393
Derek 🐝 61,665
Tritonman 58,392
LoneStarSon® 54,816
Mark Perry 54,775
facebook
Forum Statistics
Forums60
Topics777,000
Posts12,998,550
Members109,268
Most Online36,273
Jan 23rd, 2013
Print Thread
Boat Insurance Question #12361549
07/27/17 10:10 PM
07/27/17 10:10 PM
Joined: Mar 2011
Posts: 317
Texas
B
Bees Marine Electronics Offline OP
Angler
Bees Marine Electronics  Offline OP
Angler
B

Joined: Mar 2011
Posts: 317
Texas
Time for renewal on boat insurance.
Is agreed value policy the best way to go?
Thanks!

Bass Fishing Ad
Re: Boat Insurance Question [Re: Bees Marine Electronics] #12361609
07/27/17 10:42 PM
07/27/17 10:42 PM
Joined: Apr 2010
Posts: 761
barbarian Online content
Pro Angler
barbarian  Online Content
Pro Angler

Joined: Apr 2010
Posts: 761
I vote yes. Guarantees you don't get screwed too bad.

Re: Boat Insurance Question [Re: Bees Marine Electronics] #12361626
07/27/17 10:55 PM
07/27/17 10:55 PM
Joined: May 2017
Posts: 125
T
TrailHand Offline
Outdoorsman
TrailHand  Offline
Outdoorsman
T

Joined: May 2017
Posts: 125
Absolutely. Value or why bother.

Re: Boat Insurance Question [Re: Bees Marine Electronics] #12361685
07/28/17 12:17 AM
07/28/17 12:17 AM
Joined: Sep 2012
Posts: 615
Granbury, TX
B
bbassfishes Offline
Pro Angler
bbassfishes  Offline
Pro Angler
B

Joined: Sep 2012
Posts: 615
Granbury, TX
Agreed value is the ONLY way to go if it is an option.

Re: Boat Insurance Question [Re: Bees Marine Electronics] #12361910
07/28/17 02:49 AM
07/28/17 02:49 AM
Joined: Dec 2004
Posts: 4,265
Lewisville, texas
J
joebass2 Offline
TFF Team Angler
joebass2  Offline
TFF Team Angler
J

Joined: Dec 2004
Posts: 4,265
Lewisville, texas
Just remember that agreed value policies only pay out more in a complete loss. Hitting a stump, trailer damage, knocking a hole in the boat, knocking off a lower unit....... it pays the same. How many total losses have you heard of?

Last edited by joebass2; 07/28/17 02:50 AM.
Re: Boat Insurance Question [Re: joebass2] #12361930
07/28/17 03:02 AM
07/28/17 03:02 AM
Joined: Jul 2004
Posts: 18,705
NRH, TX
buda13 Offline
TFF Guru
buda13  Offline
TFF Guru

Joined: Jul 2004
Posts: 18,705
NRH, TX
Originally Posted By: joebass2
. How many total losses have you heard of?


3 or 4





Re: Boat Insurance Question [Re: Bees Marine Electronics] #12362098
07/28/17 08:11 AM
07/28/17 08:11 AM
Joined: Oct 2009
Posts: 379
lubbock,tx
J
jafish Offline
Angler
jafish  Offline
Angler
J

Joined: Oct 2009
Posts: 379
lubbock,tx
That may work well on a little older boat. I'm talking about a very nice boat but older and they don't want to pay anything when it gets killed. This older boat may have been updated with new seats,carpet and so on. If it's worth more than the book shows you may need to make an adjustment. If the insurance co. will go along with you. You may need to show them some invoices on the money you dumped into the boat.


TAKE A PHOTO HOME NOT THE FISH. CATCH AND RELEASE
Set the hook first and ask questions later.
Re: Boat Insurance Question [Re: Bees Marine Electronics] #12362511
07/28/17 03:52 PM
07/28/17 03:52 PM
Joined: Feb 2005
Posts: 6,377
The Colony, TX
T
texasbass1 Offline
TFF Celebrity
texasbass1  Offline
TFF Celebrity
T

Joined: Feb 2005
Posts: 6,377
The Colony, TX
Talk to Bob at Worldwide Marine Insurance. He will give you the straight scoop. I have Agreed value best bet for me

Last edited by texasbass1; 07/28/17 03:55 PM.

Pat Leach
USAF MSgt Retired
93 Procraft 180 Pro
16 Mercury 150 4 Stroke
Minn Kota Ulterra 80
Re: Boat Insurance Question [Re: Bees Marine Electronics] #12362588
07/28/17 04:35 PM
07/28/17 04:35 PM
Joined: May 2010
Posts: 938
Denton, Texas
Classic Fiberglass Offline
Pro Angler
Classic Fiberglass  Offline
Pro Angler

Joined: May 2010
Posts: 938
Denton, Texas
We see about one total loss a month. Its in your best interest to pay for a agreed value policy. You don't have to agree on a value that's way above the actual value. If its a $15000 boat insure it for $20000. That will make sure all your electronics and everything are paid for. You will be paying around $60 a year more in premiums.
Always make sure you have enough coverage on your trailer. Most only insure the trailer for $1000-$1500 and that wont buy any good trailer.


Chris
940-458-0164
Re: Boat Insurance Question [Re: Bees Marine Electronics] #12362831
07/28/17 07:30 PM
07/28/17 07:30 PM
Joined: Nov 2008
Posts: 5,284
somervell county
3
361V Online content
TFF Celebrity
361V  Online Content
TFF Celebrity
3

Joined: Nov 2008
Posts: 5,284
somervell county
http://worldwidemarineins.com/ Great reviews on the TFF and saved me 1/2 over State Farm for better coverage.


Re: Boat Insurance Question [Re: Classic Fiberglass] #12362882
07/28/17 08:09 PM
07/28/17 08:09 PM
Joined: Nov 2008
Posts: 4,574
crowley
C
coachallentca Online content
TFF Team Angler
coachallentca  Online Content
TFF Team Angler
C

Joined: Nov 2008
Posts: 4,574
crowley
Originally Posted By: Classic Fiberglass
We see about one total loss a month. Its in your best interest to pay for a agreed value policy. You don't have to agree on a value that's way above the actual value. If its a $15000 boat insure it for $20000. That will make sure all your electronics and everything are paid for. You will be paying around $60 a year more in premiums.
Always make sure you have enough coverage on your trailer. Most only insure the trailer for $1000-$1500 and that wont buy any good trailer.


This is what I did..^^^^


Media Tournament Director Northeast Division
Re: Boat Insurance Question [Re: Bees Marine Electronics] #12362896
07/28/17 08:20 PM
07/28/17 08:20 PM
Joined: Mar 2007
Posts: 12,233
Plano,Texas
F
forkduc Offline
TFF Guru
forkduc  Offline
TFF Guru
F

Joined: Mar 2007
Posts: 12,233
Plano,Texas
There is a sub forum for this.

Previous Thread
Index
Next Thread


© 1998-2018 OUTDOOR SITES NETWORK all rights reserved USA and Worldwide
UBB.threads™ 7.6.2