Insurance cost 2005 Sea Ray 420

Discussion in 'Announcements & FAQs' started by Scott’s 420, Oct 24, 2017.

  1. Scott’s 420

    Scott’s 420 New Member

    Oct 24, 2017
    2005 Sea Ray 420 Sundancer
    Cummins 6 CTA
    New to the forum, hello all!

    I’m in the process of purchasing “my new” 2005 Sea Ray 420. Will be located in Panama City Beach, FL. Survey is scheduled for Wednesday. I called Sea Worthy (Geico) and was quoted almost $9000 / year for insurance. Not what I was expecting. Any recommendations would be greatly appreciated!

    Thanks in advance
  2. Great Lakes

    Great Lakes Active Member SILVER Sponsor

    Oct 11, 2016
    Lake St. Clair (MacRay Harbor)
    2005 390 Sundancer
    I almost spit out my coffee! I pay $950 a year up here in Michigan
  3. Jaybeaux

    Jaybeaux Active Member SILVER Sponsor

    Jan 3, 2016
    Upper Potomac River
    420 Sundancer 2004
    Naught On Call
    Cummins 6CTA-8.3's with V-Drives
    9KW Onan Genset
    Here is an article that I ran across when researching my insurance needs. I hope this works, as I am copying from my OneNote.



    Kevin White likes this.
  4. Boater420

    Boater420 Well-Known Member

    Mar 11, 2015
    Clearwater, FL
    '97 330 Sundancer
    Westerbeke 4.5BCG
    Twin Merc 454's
    I pay $125 a month here in FL from Progressive. $1,000 Deductible 50k agreed value.
  5. ttmott

    ttmott Well-Known Member GOLD Sponsor

    Apr 3, 2012
    Space Coast Florida
    2006 52 Sedan Bridge
    Cummins QSM11
    I just wrapped up coverage for my new to me 2006 52 Sedan Bridge which will be kept in East Central Florida.
    Rates are based upon Insurance Credit Score, Driving Record, Captain's experience and safety / nav courses taken, Boat's age, completed Survey's, Boat's location, Owner's residence, type of marina or harborage, levels of coverage, how the boat is to be used, and the greatest impact is the coverage deductible. Regardless $9K is excessive no mater where you keep the boat. The quotes came in for the 52DB between $5200 and $6500 which included a complete Bahamas rider. Suggest you shop around; try Jerry Norman or Traci Meier at Novamar; they are in Sarasota Fl.
    Kevin White likes this.
  6. Great Lakes

    Great Lakes Active Member SILVER Sponsor

    Oct 11, 2016
    Lake St. Clair (MacRay Harbor)
    2005 390 Sundancer
    Wow! Thank you for this. I will be looking over mine soon
  7. The Bill Collector

    The Bill Collector Well-Known Member SILVER Sponsor

    Jun 2, 2008
    Tacoma, WA
    450 Sundancer
    3126 Cat's
    $1250/yr agreed value & 10% of value= deductable
  8. becnme

    becnme Member SILVER Sponsor

    Oct 31, 2008
    Fort Myers
    06 Tiara 36 Sovran
    Cummins QSC 500
    I had a 2005 420 insured in Fort Myers that was just sold and my policy was $2400 from Geico!
    I do have over 40 years experience with no claims which as stated in a previous post helps. I also have my cars and umbrella with Geico.
  9. JVM225

    JVM225 Well-Known Member

    Apr 8, 2008
    Farmingdale, NY
    2002 410 Sundancer, Monaco Edition.
    3126 Cats.
    About 950 per year through NBOA for agreed value with 12/15-4/15 winter out of the water lay up.
  10. FootballFan

    FootballFan Well-Known Member GOLD Sponsor

    Jun 20, 2012
    Marquis 59
    MTU Series 60
    You need to be talking to a marine insurance broker.

    Yacht policy, agree value should be well under 5k.
  11. JimT

    JimT Well-Known Member SILVER Sponsor

    Jul 7, 2009
    Charlotte, NC- LKN
    2010 330 Sundancer
    T-350mags w/BIIIs & Axius, 5.0 kw Kohler
    Call NBOA as mentioned above.
  12. The Bill Collector

    The Bill Collector Well-Known Member SILVER Sponsor

    Jun 2, 2008
    Tacoma, WA
    450 Sundancer
    3126 Cat's
    Premier Marine is who mine is with.....
  13. Fly'n Family

    Fly'n Family Active Member

    Sep 19, 2013
    TX / CO
    2002 Cruisers Yachts 3870
    2003 Boston Whaler Sport 130 w/40 hp Merc
    Twin 425hp Crusaders
    BoatUS for my 98' 370DA in Colorado was 578/yr 80k agreed value 2000 deductible

    BoatUS for my 06' 340DA in TX quoted at 1581/yr 120k agreed value 2000 deductible

    Where you boat impacts insurance quite a bit. I went from what was most likely a very, very low claim type of lake - to what undoubtedly is a much higher claim lake.

    35 yrs of boating/800+ credit/boater safety course/never a claim
    secured slip

    I got a quote from Farmers Ins, where we have home, autos, umbrella, life.......and they were double the above TX quote.
  14. bobeast

    bobeast Dance the Tide SILVER Sponsor

    Oct 22, 2017
    Isleton, CA
    2002 310DA
    350 MPI w/V-drives
    I just went under contract on a 310 here in the People's Republik of Kalifornia (non seasonal). I'm getting quotes right around 8-900 / year.
  15. Steve S

    Steve S Active Member SILVER Sponsor

    Jun 5, 2007
    Northern IL.
    2000 400 Sedan Bridge with twin CAT 3116's

    2000 340 Sundancer - SOLD!
    210 Monaco 1987 - SOLD!
    Twin Caterpillar 3116's 350 HP straight drives
    I just closed on a 2000 400DB. Insurance is $660 per year here on Lake Michigan.

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