boat and motor value - rough

[derrhon]

I am trying to get insurance on a boat and motor.<br /><br />1979 alumacraft 16 ft with steering<br />1980 35 HP evinrude<br /><br />I paid about $2200 for boat, motor and trailer.<br /><br />Is that about right for replacement cost?<br /><br />I need a rough estimate on the motor cost alone and the boat cost alone. <br /><br />Regards,<br /><br />Derrick

 

[KCLOST]

Re: boat and motor value - rough

You can make the value anything you want... I believe you will be paying for whatever the replacement cost ends up being on paper...

 

[roscoe]

Re: boat and motor value - rough

Hi Derrick, If you have home owners or renters insurance, the best deal for you would be a rider on that policy. Some companies even include boats in that price range in the original policy at no charge. My ins company charges $44 for a boat like that. <br /><br />If you don't have a renters policy, now might be a good time to get one. Kill two birds with one stone. Probably around $125 a year.<br /><br />If you have to buy a separate boat policy, it may cost you more than it is worth.<br /><br />Your replacement cost is going to depend on your location, as market prices vary. Around here (WI) I would say $900 for the boat, $900 on the motor, and $400 on the trailer.<br /><br />Happy Boating.

 

[quantumleap]

Re: boat and motor value - rough

Check ebay, iboats, and other dealers used stock online for comparisons and make sure you insure your setup so you could replace it if something happened.

 

[Solittle]

Re: boat and motor value - rough

Location and season are the major factors in pricing and how quickly boats/motors will sell.<br /><br />Here in Florida I would guess at $600.00 for the motor if in perfect condition, $500.00 for the boat & $400.00 for the trailer if perfect.<br /><br />Florida prices are usually lower than most other places. Got a lot of boats here.

 

[derrhon]

Re: boat and motor value - rough

Thanks so much. I appreciate the help.

 

[hack_62863]

Re: boat and motor value - rough

i have state farm insurance and they asked me what it would cost to replace my boat with a new one and then they quoted me a price