How Much Does Pontoon Boat Insurance Cost? (With examples) – Better Boat

Obviously, boat insurance costs will vary greatly depending on the cost of your boat, your driving history and demographics, etc. however, if you would like a rough estimate of costs, I have that information for you.

examples of pontoon boat insurance costs

(quotes were for my 22′ pontoon which cost $32,000 new and is a year old)

Reading: How much is pontoon boat insurance

basic insurance vs comprehensive insurance

  • Basic insurance: liability only (does not cover my boat, only damages I do to others) pays $50,000 per person and $25,000 for property damage. My quoted cost was $100 per year ($8.17 per month).
    • Comprehensive insurance: $100,000 per person and $50,000 for property damage. includes no-fault medical payments up to $5,000 and uninsured boater with a $500 deductible. My quoted cost was $334 ($29.13 per month).
    • Most of the insurance companies I checked didn’t offer personal watercraft insurance, but I was able to get a quick (and quite reasonably priced) quote from allstate on their boating insurance page.

      what insurance is recommended for pontoon boats?

      Personally, I think $23 – $35 per month is a pretty low price to pay to get good coverage for most pontoon boats under $40,000. if your boat is worth more than that, then you can expect to pay a bit more.

      See also: Harley Davidson Insurance Review: Great Coverage, High Price – ValuePenguin

      The fact is that many things can go wrong when browsing. Whether it’s a broken propeller, a cracked anchor, or a damaged hull, you don’t want a bad day on the water to lose your home and cause a lifetime of financial strain. If your boat costs so much that you can’t replace it, you may want to choose comprehensive insurance.

      Many boaters may be happy with basic insurance to make sure an injury on their boat is covered. $100 per year is a pretty reasonable cost in my opinion.

      featured nautical product

      check price on amazon: best boat dock lines are made from marine grade double braided nylon with a heat treated eyelet.

      See also: How To Make Break-In And Theft Claims On Home Insurance – Forbes Advisor

      3 reasons why every boater needs insurance

      • Many states require boaters to carry personal watercraft insurance. my state, idaho, doesn’t. probably should. Some states require only a minimum amount of liability insurance that can often be obtained for as little as $8 per month. that’s not ideal for more expensive boats, but can work well for less expensive boats.
        • boats are easy to steal! locks on trailers are incredibly easy to break (even the good ones). all a criminal has to do is hitch their boat (already tied up) to his hitch, pick the lock, and drive off into the sunset. it is highly unlikely that you will ever see the ship again.

Related Posts

How does roof insurance claim work

How Roofing Insurance Claims Work: What Contractors Need to Know

Understanding how roofing insurance claims work will help your insurance restoration business succeed and grow. By knowing the ins and outs of insurance, you can ensure a…

4 reasons your insurance company can cancel your auto policy – MarketWatch

Can they really cancel my policy without asking? Your insurance company can cancel your policy, but they must provide written notice before doing so. the amount of…

Best Cheap Health Insurance in Wisconsin 2022 – ValuePenguin

affordable health insurance is available in wisconsin through the state’s marketplace. Finding the best health insurance plan for you can be difficult, so to help you get…

Tesla Insurance Review: Costs and Coverage (2022)

car insurance for tesla models tends to be quite expensive with rates typically higher than the national average of $1730 per year for comprehensive coverage. A 2017…

How to read a life insurance policy

How to read your life insurance policy | Insure.com

A life insurance policy is a contract between an insurance company and an individual. there are a variety of policies, lots of riders, and many choices to…

The role of insurance providers in supporting treatment and management of hepatitis C patients | BMC Health Services Research | Full Text

hcv epidemiology Today, one of the most important global public health challenges is represented by the hepatitis C virus (HCV), which imposes a dramatically relevant burden in…