Insurance questions?

[HiLife619]

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]

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

[mrJB]

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

[StinkyMatt]

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]

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...