All Ski Safe Policy Holders

[GMLIII]

Like many members, I purchased SkiSafe insurance because of their reputation and low premiums, but the one issue I had with my policy was that it had extremely high deductables vs competitive carriers. On my 2017 G23 I had a $5,000 deductable and $15,000 deductable during lay up periods which to me seemed off the charts. When I called SkiSafe they said the reason the deductables were so high was because the value of your boat. After I saw another member's, SkiSafe policy with a $1,000 deductable and $3,000 lay up deductable , I said I want to change mine. The difference was his boat value was not as high as my G. I reduced my boat value by like $20,000 and I was able to receive the much lower and realistic deductables. Anyway my 2 cents if other G owners are experiencing the same issues. There will be members who will say I'm an idiot for lowering my boat value, but I thought the lower deductables make better sense in the grand scheme of boat coverage. I understand there is a trade off between lower deductables and a complete boat loss but that is the gamble I have chosen.

[XBIGPUN66]

I have markel and I picked my deductible and value. The premiums are reasonable.

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[bturner]

I just got insurance for my "new to me" 2016 200 Sport Nautique. I priced out Progressive, Ski Safe and BoatUS. I have used all 3 over the years and check prices yearly as I've noticed that while all have disappearing deductibles their rates typically go up as the disappearing deductibles go down. Go figure, right? On any given year one has been cheaper than the other for me but this time around BoatUS was the clear winner both from coverage to deductibles. This was a real shock for me as I left them about 4 years ago when they raised my insurance by close to $100 after the hurricane that hit the northern east coast. Living in Michigan I had a hard time with the reasoning that my insurance was going up because of hurricane damage in another part of the country, but I digress.

Point is don't get all hung up on Ski Safe because you think they may be skier friendly. BoatUS this time around had better medical, comprehensive, collision and deductibles and was just shy of $100 less for the year. They even threw in $2500 in on the water towing with the deal this year. It doesn't take long to do a rate check these days and while $100 might not be much cash to some I'll keep it for gas and beer rather than give it to an insurance company.

[Nautiquehunter]

Geico is BoatUS

[Uncle Phil]

My previous boat trailer failed while I was towing to the lake. SkiSafe sent a guy to do a claim and he said that the leaf springs on the trailer had failed and that was a wear item so no claim. I called SkiSafe - guy got fired and my boat and trailer got fixed..

[dhanni848]

I actually tried to raise mine with skisafe this year and they told me not to. Leave it and if it’s a total loss they evaluate market value either way. Not sure who to trust these days but was only going to raise it a few grand. In the middle of a claim from some on water storm damage now and they have been good so far.


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[GMLIII]

I actually tried to raise mine with skisafe this year and they told me not to. Leave it and if it’s a total loss they evaluate market value either way. Not sure who to trust these days but was only going to raise it a few grand. In the middle of a claim from some on water storm damage now and they have been good so far.


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Understandable but my $5,000 deductible and $15,000 lay up deductible was just outright ridiculous. I have never heard of a boat deductible that high .

[dhanni848]

Understandable but my $5,000 deductible and $15,000 lay up deductible was just outright ridiculous. I have never heard of a boat deductible that high .

Oh I am completely with you on that, was just adding to the thread I guess.

[scottb7]

I guess I am kind of confused. It has been a few years, but if I remember right when I signed up with ski safe, I picked the deductible. So I don't understand why you would be complaining about something you yourself picked.

P.S. Since it came up I was curious and emailed them to find out that for $43 additional I could move to the vanishing deductible plan. Not sure what I think about that.

[GMLIII]

I guess I am kind of confused. It has been a few years, but if I remember right when I signed up with ski safe, I picked the deductible. So I don't understand why you would be complaining about something you yourself picked.

P.S. Since it came up I was curious and emailed them to find out that for $43 additional I could move to the vanishing deductible plan. Not sure what I think about that.

Nope that is incorrect . They told me the for my G $5000 was normal for deductible and 15000 during layup based on boat value . It was not till I reviewed another members policy thereby reducing my boat value to achieve a 1000 deduct and 3000 during layup

[scottb7]

They told you what was normal or they did not let you choose? I am very sure I picked what I wanted. Maybe you failed to ask if you had to take their recommendation...

[GMLIII]

They told you what was normal or they did not let you choose? I am very sure I picked what I wanted. Maybe you failed to ask if you had to take their recommendation...

I don’t want to get in a back and forth argument with you but in a nutshell they said for a boat valued at $152,000 the deductible would be 5000 and 15000 for layup . No money could lower the deductible therefore I lowered my value to get were I needed to be .

[Kmayotte]

I don’t want to get in a back and forth argument with you but in a nutshell they said for a boat valued at $152,000 the deductible would be 5000 and 15000 for layup . No money could lower the deductible therefore I lowered my value to get were I needed to be .

I actually have to pay my insurance this month with Ski Safe to I happened to have the paperwork in front of me when reading this.
My coverage is for boat at 120K and trailer at 5K (Paid a good bit less)
Deductible is 1K and it notes 3K for windstorm. It does not mention a layup deductible.
Full premium is $770 with liability at 500K

Interested to see feedback on coverage.

[GMLIII]

I actually have to pay my insurance this month with Ski Safe to I happened to have the paperwork in front of me when reading this.
My coverage is for boat at 120K and trailer at 5K (Paid a good bit less)
Deductible is 1K and it notes 3K for windstorm. It does not mention a layup deductible.
Full premium is $770 with liability at 500K

Interested to see feedback on coverage.

Since I lowered my the boat value to $120,000 the deduct is $1,000 . Lay-up deduct is thrown in with the windstorm section which is a $3,000 deduct. I have 500 K liability as well. I have a layup period which really helps lower the premium . My layup period is Oct 15 - April 15. When I recently made this change I added the disappearing deductible. Total fully loaded premium is $614. For this premium rate, safe boat course and PN discounts were applied.

Broken down, my recent changes are as follows:

( - $59.00) Decrease in boat value
Change in lower deductible (+$22.00)
Adding disappearing deductible (+$77.00)

[Kmayotte]

Since I lowered my the boat value to $120,000 the deduct is $1,000 . Lay-up deduct is thrown in with the windstorm section which is a $3,000 deduct. I have 500 K liability as well. I have a layup period which really helps lower the premium . My layup period is Oct 15 - April 15. When I recently made this change I added the disappearing deductible. Total fully loaded premium is $614. For this premium rate, safe boat course and PN discounts were applied.

Broken down, my recent changes are as follows:

( - $59.00) Decrease in boat value
Change in lower deductible (+$22.00)
Adding disappearing deductible (+$77.00)

My layup period should be the same if not longer. I need to work on getting my rate down! I'll try the PN discount, didn't know about that.