Insurance questions? - Kayak Fishing Adventures on Big Water’s Edge

HiLife619 · 12-21-2012, 05:26 AM

I'm looking into getting my PA 14 insured. I gotten this company Foremost Insurance that is based in Michigan. So I have it insured for $3500. Paying $260/year $1000 deductible. Haven't finalized it yet but was wondering if anyone has their kayak insured and how much you are paying and the coverage you are getting for it?

bus kid · 12-21-2012, 06:00 AM

http://www.bigwatersedge.com/bwevb/s...ad.php?t=16306

mrJB · 12-21-2012, 06:21 AM

Try "BoatU.S.", they are affiliated with West Marine...

StinkyMatt · 12-21-2012, 10:01 AM

Trying to figure this out....

So a year from now your yak sinks or is stolen......

You have paid a 1000 deductible, 260 in premiums

You boat is no longer new so it's replacement value has dropped significantly.

You can sometimes find a used Pa for way below 2000.

So you are really insuring a value of about 700 dollars for 260 a year.

What are the odds of your Pa being "lost"?

If you end up making a claim two years from now, the numbers make even less sense.

Just trying to figure it out for myself.

Baja_Traveler · 12-21-2012, 03:35 PM

I've been going through the same thought process, and figure it just is not worth it. Realistically the only thing I would be insuring against is theft, but my PA is cable locked while on the truck, and behind a locked garage door at home. I did have my HDS chartplotter insured though, its much more likely that someone could grab that and run...

12-21-2012, 05:26 AM	#1
HiLife619 Member Join Date: Oct 2012 Location: San Diego, CA USA Posts: 47	Insurance questions? I'm looking into getting my PA 14 insured. I gotten this company Foremost Insurance that is based in Michigan. So I have it insured for $3500. Paying $260/year $1000 deductible. Haven't finalized it yet but was wondering if anyone has their kayak insured and how much you are paying and the coverage you are getting for it?

12-21-2012, 06:00 AM	#2
bus kid Team Keine Zugehörigkeit Join Date: Nov 2010 Location: Way out there Posts: 2,854	http://www.bigwatersedge.com/bwevb/s...ad.php?t=16306 __________________ Não alimente os trolls------------Don't feed the trolls---------------インタネット荒らしを無視しろ

12-21-2012, 06:21 AM	#3
mrJB Senior Member Join Date: Feb 2007 Location: O.C. Posts: 352	Try "BoatU.S.", they are affiliated with West Marine... __________________ "I Brake for Halibut"

12-21-2012, 10:01 AM	#4
StinkyMatt Senior Member Join Date: Jun 2010 Location: Under a bridge Posts: 2,169	Trying to figure this out.... So a year from now your yak sinks or is stolen...... You have paid a 1000 deductible, 260 in premiums You boat is no longer new so it's replacement value has dropped significantly. You can sometimes find a used Pa for way below 2000. So you are really insuring a value of about 700 dollars for 260 a year. What are the odds of your Pa being "lost"? If you end up making a claim two years from now, the numbers make even less sense. Just trying to figure it out for myself.

12-21-2012, 03:35 PM	#5
Baja_Traveler Senior Member Join Date: Nov 2005 Location: Table 17, Bay Park Fish Co. Posts: 943	I've been going through the same thought process, and figure it just is not worth it. Realistically the only thing I would be insuring against is theft, but my PA is cable locked while on the truck, and behind a locked garage door at home. I did have my HDS chartplotter insured though, its much more likely that someone could grab that and run...