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Cheap Boat Insurance Boat insurance in Vermont.? My friend and I had a boat that was listed as free on Craigslist. We wondered what assurance it could cost us. It is a glass master in 1980. The engine that we are putting on it is 40 hp, and it will be used from April to October on freshwater. Vintage boat insurance, lol. Nope. Boats that are original, do need extra care to keep them floating. If you are looking for coverage of the hull, it is more expensive than the older boat, no less. You might need to get an official declaration of seaworthiness. Posted on April 9, 2010.
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