[C320-list] Boat Insurance Experience

[Doug Treff]

I received a letter from Boat/US the other day that Geico is now their
new insurance underwriter. 
--
Doug Treff
doug at treff.us

On Tue, Jun 14, 2016, at 04:12 PM, Jeffrey Kapec wrote:
>  
> 
> I have my Insurance through the Power Squadrons.  You have to be a member
> and if you take some of their classes it really helps with the premiums. 
> I
> have made cost comparisons over the years with other boat insurance
> companies and there is no contest.  The Preferred Power Squadrons rates
> are
> much lower and have been for years.  Basically the non-boating based
> insurance companies do not have a complete understanding of the risk
> factors
> on boating, sail boats, power boats, etc.  So they charge more because
> their
> actuaries do not have a complete picture.
> 
>  
> 
> I had GEICO for a real estate property and it was always problematic
> dealing
> with them because they were not the direct underwriter.  In one case my
> insurance lapsed without my knowing because I was not sent a renewal
> notice,
> nor did they know to whom I should address the premium payment.  Really?
> After two years of frustration (even though they were cost competitive) I
> left and found a better option for the same premium cost.  I had a
> somewhat
> similar experience when I had insured my son's pickup truck.
> 
>  
> 
> Jeff
> 
> Petite Suite  Hull 718
> 
> Jeffrey Kapec
> 
> Tanaka Kapec Design Group, Inc
> 
>  
> 
> 
> 
> ---
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