Reply
 
Thread Tools Search this Thread Display Modes
 
Old 03-28-2018, 02:11 PM   #1
Veteran Member
 
tbtapper's Avatar
 
City: Hilton Head Island
Vessel Name: Lady Maria
Vessel Model: 1987 CT 35 Sundeck
Join Date: Jul 2017
Posts: 49
Insurance renewal

Just got my renewal package from BoatUS. Guess that in itself is a win😳 lots of congratulations on no claims and blah blah. Hereís your new rate please send payment as soon as possible to avoid the dreaded ďlapseĒ of coverage.
50% increase over last year😬 granted no new survey or other stuff but crap, one more year of this and Iím out of boating, canít afford slip fees going up, insurance going up seems the industry is bound and determined to eliminate the ďaverageĒ under $100k boater.
Granted Hilton Head had a hurricane come through but minimal damage this last time not so lucky in previous years. Letís all pray for a mild year for claims.
tbtapper is offline   Reply With Quote
Old 03-28-2018, 02:30 PM   #2
Scraping Paint
 
City: CT
Join Date: Mar 2017
Posts: 963
So shop them, may find better for cheaper
john61ct is offline   Reply With Quote
Old 03-28-2018, 04:06 PM   #3
Guru
 
Russell Clifton's Avatar
 
City: La Conner Wa.
Vessel Name: Sea Fever
Vessel Model: Defever 49 RPH
Join Date: Sep 2012
Posts: 823
There are better deals out there than Boat US
Russell Clifton is offline   Reply With Quote
Old 03-28-2018, 05:38 PM   #4
Guru
 
City: Great Lakes
Vessel Model: OA 440
Join Date: Aug 2017
Posts: 724
Our boat is with Markel (USAA's affiliate provider for larger boats). This year they advised that after seven years they'd like a new survey prior to renewal. But instead of requiring a surveyor, they sent me a guide line and suggested I do it myself. They're a little high, but avoiding the $700 surveyor surcharge and the related hassle makes up for it.
Rufus is offline   Reply With Quote
Old 03-28-2018, 06:34 PM   #5
Guru
 
timb's Avatar
 
City: Oriental N.C.
Vessel Name: true heading
Vessel Model: marine trader 38 dc
Join Date: Sep 2017
Posts: 562
try progressive last year they put a 35 ' limit on new coastal policies . but I think it reads over 35 .you might sneak in . probably have the cost for the same coverage
timb is offline   Reply With Quote
Old 03-29-2018, 07:05 AM   #6
Senior Member
 
Moby Nick's Avatar
 
City: Rockford, IL
Vessel Name: Du NORD
Vessel Model: Albin-25
Join Date: Jan 2014
Posts: 337
Progressive's computer quit working when I was trying for an on-line quote. A CustServ Rep was not able to move it along. BoatUS's change to Geiko has resulted in them mailing my monthly bill only 13 days before due. When I objected, they suggested automatic payment out of my checking account. I told them NOBODY gets their hands on my checking account, and that if they didn't give me at least 21 days they would probably be history. I've been with BoatUS for 35 years. I'm just old fashioned, I know, but I enjoy boats on my own terms, not those of some little green salamander.
Moby Nick is offline   Reply With Quote
Old 03-29-2018, 08:00 AM   #7
Guru
 
City: Bayfield, WI
Vessel Name: Gopher Broke
Vessel Model: Silverton 410 Sport Bridge
Join Date: Sep 2013
Posts: 825
Auto renew off a credit card then?
BDofMSP is offline   Reply With Quote
Old 03-29-2018, 08:18 AM   #8
Veteran Member
 
tbtapper's Avatar
 
City: Hilton Head Island
Vessel Name: Lady Maria
Vessel Model: 1987 CT 35 Sundeck
Join Date: Jul 2017
Posts: 49
Thanks for the responses. I got a quote from Progressive for about $300 a year less👍 No survey or such. Probably go with them no sense in wasting money on something hopefully Iíll never need😬
tbtapper is offline   Reply With Quote
Old 03-29-2018, 08:19 AM   #9
Scraping Paint
 
City: CT
Join Date: Mar 2017
Posts: 963
Quote:
Originally Posted by Moby Nick View Post
they suggested automatic payment out of my checking account. I told them NOBODY gets their hands on my checking account
Serve.com prepaid AMEX cards are very useful for autopay. Costs $1 per month, waived if you use it regularly, can fund via ACH transfer or cash at any CVS or Walmart.

Up to four separate cards per account, so can dedicate a sub-account to a vendor, if they turn out to be dodgy, just cancel that card and AMEX sends you a new one free.

Note only the "master" cc number will work overseas.
john61ct is offline   Reply With Quote
Old 04-02-2018, 12:24 PM   #10
Guru
 
sbu22's Avatar
 
City: New Orleans
Vessel Name: Panache
Vessel Model: Viking 43 Double Cabin '76
Join Date: Mar 2011
Posts: 1,327
As noted on another thread, I was "non-renewed" last month by my insurer of 7 claim free years (and the PO for 4 claim free years previous) due to the age (1976) and value (under 100k) of the boat. All years with the boat in the same home marina and a pile of good surveys.

After extensive shopping, wound up with BoatUS - better coverage at about 8% less than the prior year. The highest quote I received was double BoatUS for essentially the same coverage. The exception was Markel, who seemed cheap until I read the fine print - zero coverage for named storms or TDs - not useful here on the Gulf Coast.

I think insurance people, at least for rec boats, use oujia boards to evaluate risk.
sbu22 is offline   Reply With Quote
Old 04-02-2018, 01:12 PM   #11
Senior Member
 
The Other Gary's Avatar
 
City: Toronto
Vessel Name: Adios Dinero
Vessel Model: Bayliner 3988 2 x 330 Cummins
Join Date: Sep 2016
Posts: 336
Up here in Canada I was with State Farm for many years. last year they left the Marine market in Canada so I had to scramble. To my surprise I got much better coverage from Skippers Plan (Aviva) at HALF the cost of the former State Farm. This year my renewal just came in at no increase and 10% reduction in my deductible for no claims. I guess State Farm has ripped me for a decade.
This is an agreed value policy with liveaboard and in water winter storage coverage.
I have no idea what Aviva calls themselves in the US.
The Other Gary is offline   Reply With Quote
Old 04-02-2018, 01:23 PM   #12
Scraping Paint
 
City: CT
Join Date: Mar 2017
Posts: 963
Quote:
Originally Posted by sbu22 View Post
I think insurance people, at least for rec boats, use oujia boards to evaluate risk.
Neural nets / AI

Once trained even the programmers don't know how they arrive at their decisions.

IOW, yes.
john61ct is offline   Reply With Quote
Old 04-02-2018, 04:26 PM   #13
Guru
 
kchace's Avatar
 
City: Brookline, NH
Vessel Name: Blue Heaven
Vessel Model: Albin 43 classic double cabin, twin 135 Lehmans
Join Date: Sep 2013
Posts: 2,054
I'll second Markel. They have done right for me and less than BoatUS.

Ken
kchace is offline   Reply With Quote
Old 04-02-2018, 09:29 PM   #14
Guru
 
Edelweiss's Avatar
 
City: PNW
Vessel Model: 1976 Californian Tricabin LRC
Join Date: May 2011
Posts: 1,860
I'll second that, BoatUS has been a No Hassle Insurance Co. for me for 15 years now. You have same year boat as mine and they've never questioned it. I like their program and the support they give the recreational boating community through the BoatUS Foundation who goes to bat for us opposing unfair government intervention and regulation, plus their monthly magazine offers boating tips and cruising information.

Quote:
Originally Posted by sbu22 View Post
As noted on another thread, I was "non-renewed" last month by my insurer of 7 claim free years (and the PO for 4 claim free years previous) due to the age (1976) and value (under 100k) of the boat. All years with the boat in the same home marina and a pile of good surveys.

After extensive shopping, wound up with BoatUS - better coverage at about 8% less than the prior year. The highest quote I received was double BoatUS for essentially the same coverage. The exception was Markel, who seemed cheap until I read the fine print - zero coverage for named storms or TDs - not useful here on the Gulf Coast.

I think insurance people, at least for rec boats, use oujia boards to evaluate risk.
__________________
Larry B
Careful . . .I Have a Generator and I'm not afraid to use it !
Edelweiss is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


» Trawler Port Captains
Port Captains are TF volunteers who can serve as local guides or assist with local arrangements and information. Search below to locate Port Captains near your destination. To learn more about this program read here: TF Port Captain Program





All times are GMT -5. The time now is 08:56 PM.


Powered by vBulletin® Version 3.8.8 Beta 4
Copyright ©2000 - 2021, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2006 - 2012