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Insurance check up

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ultrarunner View Drop Down
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Joined: October-02-2005
Location: Ridgefield, Ct.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ultrarunner Quote  Post ReplyReply Direct Link To This Post Topic: Insurance check up
    Posted: June-29-2024 at 3:07pm
I logged into my account to make sure it had been paid and I had forgotten it was auto pay. In any event, I took a look at the details:

SkiSafe, underwritten by Axis.
$425 annually.
25,000 agreed boat value, 5k agreed trailer value. 28 year old boat and trailer.
7k coverage eng, trans, running gear, etc...
2.5k personal property/equipment.
Freeze coverage
25k liability/medical limits.
Inland waters only.

That is the bulk of it. Other coverages, such as towing and such, are with BoatUS.

OD.
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TRBenj View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote TRBenj Quote  Post ReplyReply Direct Link To This Post Posted: June-30-2024 at 5:49am
25k liability?
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ultrarunner View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ultrarunner Quote  Post ReplyReply Direct Link To This Post Posted: June-30-2024 at 9:31am
Yeah, I noticed that also. WAY low. That will be corrected manyana!
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Roy87SN View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Roy87SN Quote  Post ReplyReply Direct Link To This Post Posted: June-30-2024 at 10:15am
For my 1987 Ski Nautique, we have had Progressive insurance with 
300K Bodily injury & Property Damage Liability
997K Fuel and Oil Spill (per occurrence)
300K Uninsured Boater
10K Medical Payments (each person)
$0 deductibles for Comprehensive and Collision
$2000 Replacement Cost Personal Effects w/ $250 deductible
Physical Damage option is Agreed Value (although I don’t know what the agreed value is)

For these coverages, I paid $235.00 for the year which I think is fair.
The boat was bought and has lived on Candlewood Lake in Connecticut it’s whole life.
Regards
Roy




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