State Farm Insurance Question

Designs for inboard or outboard power

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State Farm Insurance Question

Post by Onplane » Thu Jul 27, 2017 10:24 am

Hi all,

Had my State Farm insurance agent out to the house to document & cover the boat the other day. He obviously doesn't do this type of thing often, and has inquired through corporate for the process he needs to follow. Apparently that process includes a "seaworthiness test or evaluation."

In my state (Ohio) I am told there is no "seaworthiness" inspection and that the watercraft officer simply takes measurements of the boat, but never verifies or performs any seaworthiness inspection.

So... I have a bit of an issue...

I know others from the forum have had their boat insured through State Farm (Thinking Roberta was one of them). How did those people get the "seaworthiness inspection?" Or was it really required?

What hoops did you have to go through to get your boat insured?

Any help you can give me is much appreciated!

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Re: State Farm Insurance Question

Post by vupilot » Thu Jul 27, 2017 10:38 am

I would suggest you call Hagerty to compare them with State Farm.

Hagerty insured my boat for an "agreed value" of $12K which was more than I had in it. All they required was a simple form be filled out that stated where the boat was stored and how it would be used and a picture of the boat. For an annual premium of $280. Granted that was 7 years ago but they havent increased my premium in all that time either.

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Bill Edmundson
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Re: State Farm Insurance Question

Post by Bill Edmundson » Thu Jul 27, 2017 10:40 am


I just called my St. Farm Agent. He asked for a short description of the boat itself, engine information and cost, trailer info and cost. Estimated value of the whole rig. Done.

Mini -Tug, KH Tahoe 19 & Bartender 24 - There can be no miracle recoveries without first screwing up.
Tahoe 19 Build

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Re: State Farm Insurance Question

Post by partager » Thu Jul 27, 2017 11:15 am


Be prepared to pay about 1.5 to 2.0 % annually of the "value" you finally agree with the Insurance Company. Paper work varies from state to state, and company to company. It pays to shop around.

Pedro Romero

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Re: State Farm Insurance Question

Post by Roberta » Thu Jul 27, 2017 12:45 pm

Ditto what Bill said. About $500.00 per year for 50k coverage.

Roberta "Queen of the Boat Builders"
Built Zip "Oliver IV", Super Spartan "Jimmy 70", and Torpedo "The Glen L".

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Re: State Farm Insurance Question

Post by Scowboy » Tue Nov 28, 2017 5:57 pm

Thanks for asking this. I've been starting to fret over this as I've been leaning more and more towards going thru with a build. I'm also in Ohio, (Cincy), but there's a high probability if I do it, it'll be in another state (Virginia). Not enough time to sail half the Great Loop to get it there, and its cheaper to rent a room and build it there, since that's where it's most likely to be berthed.

State Farm is pretty easy? That's who I've got my van insured with, so that makes me happy. And Haggerty's if there is a hang up with SF?


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