Fish house insurance?

[Ultra2349]

With any house holding value or content I would assume others insure the house.
Mine is insured for the retail value plus its contents which totals $15,000 coverage with a $1,000 deductable for $136 annually

[TV BOY]

Just wondering does anyone have insurance on their retractable wheel/ trailer type fish houses other than auto insurance for when they are being towed.

[psegriz]

I am no expert on this and don't have insurance specifically on mine. When my truck burned all tools in tool box were covered by homeowners insurance. I think it may fall under your homeowners ins. but not sure. It will depend on the ins. co. my boat is covered since it's less than 16' and the motor is only 25hp. It will also depend on the value (ask your agent but don't be afraid to shop around as IMO insurance companies have a license to steal.)

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Ice is coming soon!!
GRIZ

[Bryce]

Check with your agent. I have a policy similar to Ultra with State Farm. Used to be covered under homeowners ins. but not anymore. Boats are not insured a fully as one might think either without a seperate policy. Couple other items: Check your vehicle coverage on the ice. State Farm will cover the vehicle + recovery cost. Some others don't. More than $2500 in guns? Get a seperate policy.

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IBOT's # 17 & 248

[icehousebob]

Hey Brice, One thing I want to add about your suggestion on insuring guns. I had a rider on my homeowners policy to cover my guns. When I had a Rem.870 C grade trap gun stolen, the State Farm agent told me that it had depreciated and was only worth $150. When I asked him whether my 1876 Winchester was depreciating also, he told me that it was. This wasn't pointed out when I bought the policy. I assumed it was for full replacement value. I no longer deal with State Farm.

[TV BOY]

I spoke with my homeowners agent and they now are covered differently I was told, more like a camper. It needs a rider on the vehicle to cover it. She said some how that was redesigned to cover numerous claims on homeowners.

[black max]

I bought a retractable wheel ice house last winter and I have seperate insurance on it. It is pretty reasonable and you prob. want it, I got in an accident on the freeway on my way up to red lake due to ice on the freeway. I wound up fishtailing out of control trying to stop and the ice house pulled my truck around and wound up on its side in the median of the freeway. Nobody got hurt, but I was sure glad I had some insurance.

[TV BOY]

Just called and got it insured for less than $60/ year! Had fun trying to explain this custom "trailer" to someone down in the south on the other end of the phone

[backlash 1]

My auto insurance wants $225. for a rider to cover my fish house while towing, and no coverage on the ice.

TV Boy, your rate sounds very reasonable, would you mind giving me the name of the company?
Anyone else have decent rates?

[Mueske]

TV Boy,
You're right when it comes to explaining to some people what Minnesotans do naturally in the winter. I've put on dozens of autocross events for our Porsche Club and dealt with the insurance for each one, having no difficulty until I tried to schedule events on the frozen lake. Guy from Texas: "You know cars fall through the ice all the time. We can't insure you." Me: "If the plow truck goes through the 24" ice, we won't send any cars onto the ice." GFT: "I don't get it." We used a gravel pit adjacent to the lake once and a fairground parking lot a couple of times, knowing that others in Colorado used lakes without informing the insurance company. BTW-Insurance is a good thing to have on a trailer, even if the tow vehicle has it. I wrecked an enclosed car trailer once and paid the price. I got a rider right away once the dust cleared.

Kevin

[TV BOY]

My insurance is through GEICO. I didn't get into too many details in getting coverage. Just the VIN #, which they plug into a computer and get a rate then based on the purchase price. I then asked is this covered if I leave it in a "public place" vs a driveway or garage. The response I got was yes. I didn't ask about going through the ice or even mention the word ice. I am more concerned about theft and or vandalism. I refered to the house as an enclosed trailer thats rated for #3500lbs.

[mudman]

my 10x20 on mille lacs was under my home owners ins. It got broken into and my new jiffy 10" was stolen with some rods my ins covered it.

[Ole1855]

To All,

I'm an independent insurance agent, I don't represent any companies that will insure a fish house but I know there are companies out there that will.

Here's a little free advice. A lot of people carry boats, atv's, snowmobiles etc... on their homeowner's policy. The reason they do this is it's much cheaper than having a stand alone policy on each toy. There is however a catch to this, for boats, they have to be 16' or less and 25 hp max. and the coverage is only $1000. The biggest problem is, if you ever have a claim other than weather, it goes against your homeowner's policy, if the claim is for theft you WILL be surcharge at a rate of approximately 30% of your homeowner's premium on renewal. This is for the first claim, if you have a second claim within 3 years, your surcharge will be approximately 60%. If you have a third claim, you will be canceled and there's no insurance company out there that will take you!!! You will be placed on what's called, The MN Fair Plan and the rates are out of this world. I try to explain to customer's that even though the premium you pay as an individual policy may be higher, in a long run, it could save you alot of money.

One other thing to think about. Have any of you heard about environmental spills? Here's an example; Your boats in a harbor, for some reason you have a gas or oil in the boat, your boat has an automatic bilge pump and it turns on pumping the spilled gas or oil into the lake. The cost of cleaning up spills like this can be many thousands of $'s. Homeowner's insurance will not cover this type of thing, several of the insurance companies I sell stand alone policies through have coverage built in.

Ole

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Olson Insurance Agency
[email protected]
952-224-4774

[New Yankee]

Well said Ole - the best time to talk to your agent is BEFORE you talk to folks like me! (claims).

You just can't beat the advice of a seasoned agent - it's worth more than a few bucks of premium dollars if you actually get what you need. Sometimes the cheapest deals are the costliest.....

[backlash 1]

Ole
Good point. Our son turned in a claim against our homeowners on a bunch of CD's he had stolen from his car. Like you say, in the long run, it would have been better not to even have turned it in, considering the increased cost of our policy. I think it stays on for 5 years?

TV Boy
Will Geico also cover the the house for you while driveing down the road, or does that part go back to your auto policy? Sorry, insurance has to be so complicated.

[TV BOY]

backlash,
My vehicle is through geico. And yes it is covered down the road. The coverage is a "rider" on my truck policy. That is why I asked if it was covered if I left it somewhere unattached to the vehicle. I went to my homeowners 1st and my agent said about the same thing as ole mentioned.

It gets pretty pathetic to add up all the money we spend on insurance! and then you feel like you don't ever want to use it because your rates jump - or you get dropped I know there is a lot of fraud out there but us honest folks are the ones getting screwed!

Sorry about the rant, I feel better now

[This message has been edited by TV BOY (edited 09-18-2004).]