[C320-list] BoatUS Insurance

[Jeff Brown]

I think the coverage is 500,000, but can't say for sure.  We also have an umbrella policy, so we pretty much take the minimum required by the marina since I have ample coverage on the umbrella. I also found out something interesting. On the renewal they had a big note that said "Congratulations, your policy qualifies for vanishing deductibles" or something like that.  So what they did is simply lower our deductible automatically to $250, which also contributed to a higher premium.  As I understand it, this is their way of making you feel like you earned something for being a loyal customer and at the same time trying to get you to pay a bit more.  I changed the deductible back to $500 and that dropped it $40, so they are sending me a new renewal.  Don't underestimate what companies do to earn a few extra bucks, it's all their marketing spin.  At this point, to try to save another $50 or $75 is not worth the time (which they probably bet on as well, heck if they can afford to own a boat they won't bother for $50.  They probably did an analysis on this as well.  I feel like a mouse in a lab. :)

Jeff Brown
"Out of the blue" Dana Point, CA
Hull 78
oceanblues at mac.com



On Apr 10, 2013, at 3:11 PM, Tim Fleming wrote:

> Good info. I too am with USBoat out of San Diego.
> What kind of liability is carried?
> I will let you know mine once the admiral reminds me what it was...
> Tim 
> Ole'
> #928
> 
> 
> On Apr 10, 2013, at 11:50 AM, "Kaare Wold" <sailor3952 at charter.net> wrote:
> 
> Skippers,  here is my deal up to November 2013.    Boat US premium package. 80K coverage on our 2003.  $428.00.  There are so many factors in the rate calculations, maybe our short season here in Sturgeon Bay, Wisconsin enters into it.  I am smiling.  The previous owner was actually  a few cents under $400.
> Kaare Wold
> Sheet Music,  #945
> ----- Original Message ----- From: "Don Johnson" <donjohn64 at att.net>
> To: <C320-List at Catalina320.com>
> Sent: Wednesday, April 10, 2013 1:03 PM
> Subject: Re: [C320-list] BoatUS Insurance
> 
> 
> Interesting! I started with Markel American in 2011/12 @ $450 (best rate & coverage I found at the time), and just paid for 2013/14 @ $488. I was expecting more of an increase, so I was pleasantly surprised. Maybe an East vs West coast thing?
> 
> Don Johnson
> 
> #53
> Long Beach, Ca.
> 
> --- On Wed, 4/10/13, John Meyers <jcmeyers7 at gmail.com> wrote:
> 
> 
> From: John Meyers <jcmeyers7 at gmail.com>
> Subject: Re: [C320-list] BoatUS Insurance
> To: C320-List at catalina320.com
> Date: Wednesday, April 10, 2013, 5:45 PM
> 
> 
> Sandy is reason. I am also insured by Boat US. No surprise.
> 
> John M
> Muskegon
> 
> 
> On Wed, Apr 10, 2013 at 1:43 PM, Jeff Brown <oceanblues at mac.com> wrote:
> 
>> Just got my BoatUS insurance renewal, had them for the last two years, no
>> claims. Premium went up from $446 to $567, significant increase. Is
>> everyone else seeing these increases this year?
>> 
>> Jeff Brown
>> "Out of the blue" Dana Point, CA
>> Hull 78
>> oceanblues at mac.com
>