I too got what I thought were very high quotes thru Boat US on a 9 year old boat. I finally called my car / house insurance company, Nationwide and with their affiliate company got boat insurance. Went over it line by line, same policy as Boat US, savings of $500 a year. Only exception was my policy will not cover racing, even beer can races. Having all our insurance thru one company made for quite a big discount. The biggest line item cost was the liability insurance to keep the marina happy.