Geico via BoatUS, no claims ever on policy for 19 years, just a friendly plus 30% bump this year. I suppose I should feel good helping pay for all Geico's other claims or perhaps a mandatory contribution to their corporate profits.
Anyone else have a recent renewal for comparison, any and all underwriters?
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Thread: Insurance Premium Time, Again
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08-01-2018 09:44 AM #1Senior Member
- Join Date
- Apr 2005
- Posts
- 1,162
Insurance Premium Time, Again
Pete
1976 Hatteras 48 LRC
Blue Chip
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Re: Insurance Premium Time, Again
First thing you should do is call them, complain, and ask to speak to an underwriter. Then negotiate. Trust me, the price is very likely to come down. Don't give up/.
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Re: Insurance Premium Time, Again
Happy with service and price. No increase this year.
http://maritimeinsuranceinternationa...ance-coverage/
I deal with Garrison Rudisill.Semper Siesta
Robert Clarkson
ASLAN, 1983 55C #343
Charleston, SC
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08-01-2018 10:38 PM #4
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08-02-2018 12:08 AM #5Senior Member
- Join Date
- Apr 2014
- Posts
- 296
Re: Insurance Premium Time, Again
Why would anyone use geico? 4x more expensive than my current provider. Geico is auto insurance imo
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08-02-2018 12:10 AM #6Senior Member
- Join Date
- Apr 2014
- Posts
- 296
Re: Insurance Premium Time, Again
I don’t have a number but try cox yacht insurance in Newport, ca. They broker, but ALWAYS deliver for me. Lauren is my agent.
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08-06-2018 09:10 PM #7
Re: Insurance Premium Time, Again
Well apparently they dont like rednecks or the Gulf of Mexico. This is their reply
Thank you very much for your inquiry off the website.
I have reviewed the information provided in your submission & unfortunately we do not have any available markets that would be in a position to assist with this. Sorry we will be unable to help out.
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Re: Insurance Premium Time, Again
United Marine Underwriters
http://www.unitedmarine.net/
325k agreed value,2% deductible, $1750, US inland and coastal waters.Sky Cheney
1985 53EDMY, Hull #CN759, "Rebecca"
ELYC on White Lake--Montague, MI
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08-06-2018 10:00 PM #9
Re: Insurance Premium Time, Again
10 + years ago when we were recovering from Charlie I was quoted
$13k deductable for named storms
10% normal deductible
Agreed value ( their number not mine) of $50k.
Hull and liability insurance with oil spill for only.
Ready
Ready
$5700.00
I was told even though I paid more they would not cover over 50 on a boat that old and that I had no choice because the bank would require it.
I went elsewhere for liability only and told them to screw off. No loan ment no bank demand.
I've never had a claim yet they figured I'd be willing to pay that. It's a big game for them.Scott
41C117 "Hattatude"
Port Canaveral Florida.
Marine Electronics and Electrical Products Distributor.
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08-07-2018 10:45 AM #10
Re: Insurance Premium Time, Again
They quoted me at 3800 as well last fall. The deductible was a lot less but were going to require a new survey. I may get one on next haul out and go with them if I don't self insure. I wont really save anything on premiums but will if I have a claim as their deductible was 2K. Im sure the survey will be 1500 or more