[C320-list] Boat insurance question

[millers1 at aol.com]

Scott,  While there are several variables that will affect insurance pricing, the discussion doesn't 
get to the point of providing  an approx. idea of what people are paying with different insurance
companies.
Last year, as I recall, I paid about $800 for a fairly comprehensive policy, East Coast, agreed
 value $75K*, etc. with BoatsUS/GEICO
* Time to lower this amount (?)


Art...... #680,   2000



-----Original Message-----
From: Scott Westwood <scottwestwood at bellsouth.net>
To: C320-List <C320-List at Catalina320.com>
Sent: Thu, May 25, 2017 9:03 am
Subject: Re: [C320-list] Boat insurance question

Just asking but I will lay the rest out there.  We pay $417 /yr for this coverage.
Any thoughts if paying too much?  I didn't see anybody else provide costs.  Just what was covered. 
Thanks,
Scott Westwood scottwestwood at bellsouth.net H (919)-362-8538     C (919)-618-7185 

  From: Scott Westwood <scottwestwood at bellsouth.net>
 To: "C320-List at Catalina320.com" <C320-List at Catalina320.com> 
 Sent: Wednesday, May 24, 2017 12:56 PM
 Subject: Re: [C320-list] Boat insurance question
   
FWIW:We have Progressive.
This is our coverage.
Short version:75 nm from East and/or West coast (US and Canada waters ONLY)Named Storm has higher deductible ($2,750 vs standard $500)


1. Bodily injury- Limit- $100,000 each person/$300,000 each accident2. Property damage Liability- Limit- $100,000 each accident3. Comprehensive- Limit- Lesser of Actual Cash Value at time of loss (Ded-$500)                            Less Deductible or $55,000
                        Named Storm -  (Ded - $2,750)
4. Collision-  Lesser of Actual Cash Value at time of loss (Ded-$500)                            Less Deductible or $55,0005.Included with Comprehensive and Collision- Wreckage removal-Marine                         Electronics  (Ded-$500)6. Coastal Navigation- 75 Nautical Miles NOTE: A Coastal limitation of 75 miles                 applies to this policy. Does NOT cover any territory or territorial                 waters other than US or Canada. (My wife spoke to them and they said this is East and West Coast. No alternative options.)7. Replacement Cost Personal Effects- $5,000 limit
Hope it helps. 
Thanks,
Scott Westwood scottwestwood at bellsouth.net H (919)-362-8538      C (919)-618-7185  

      From: Denny Browne <denny.browne at me.com>
 To: C320-List at Catalina320.com 
 Sent: Monday, May 22, 2017 11:33 AM
 Subject: Re: [C320-list] Boat insurance question
  
We use Global Marine, in MI, (800) 748-0224  . They were outstanding when working through a claim for us a few years ago. Not sure how competitive they are, but they were really great to work with. But as a Berkshire shareholder and advocate, I am torn...

Denny Browne
A Cappella #935
Sent from my iPhone

> On May 22, 2017, at 7:40 AM, Onat Dogruer <onat_s at yahoo.com> wrote:
> 
> Thanks for the feedback everyone! Just a bit more as I spoke with them again - I am told that entire data system has been transferred to Geico.  Geico will maintain/process all aspects - while I was figuring this out, I actually was transferred to a Geico rep. In the past, I remember underwriting company changing from time to time but I don't remember ever interacting with CNA et al. They are all Berkshire companies as someone pointed out.  This time, it sounds like a permanent shift. I certainly understand staying with an insurance company for the long-term but I had wondered what made BoatUS different now compared to State Farm, Nationwide or Travelers or Chubb... Clearly folks have great experience with them as well. 
> 
> Sorry, I know this topic has nothing to do with Catalina 320s but I want to make sure she is taken care of! :)
> Thanks,Onat
> 
>      From: "clburti at gmail.com" <clburti at gmail.com>
> To: Jerry's Iphone <jellyroll02 at gmail.com>; "C320-List at Catalina320.com" <C320-List at Catalina320.com> 
> Cc: "c320-list at lists.catalina320.com" <c320-list at lists.catalina320.com>
> Sent: Monday, May 22, 2017 7:29 AM
> Subject: Re: [C320-list] Boat insurance question
> 
> Boat US pays hassle free and fast for named storm haul out (common occurrence here in NC and no issue for all year slip storage. Deductible reduced by 20% for each claim free year.
> 
> Thanks,
> Chris Burti
> Farmville, NC
> 
> From: Jerry's Iphone
> Sent: Monday, May 22, 2017 7:13 AM
> To: C320-List at Catalina320.com
> Cc: c320-list at lists.catalina320.com
> Subject: Re: [C320-list] Boat insurance question
> 
> I have been insured by ACE Marine Insurance since buying our 320. I have not shopped it for a couple of years but have been delighted with the coverage and service. Unlike some plans, we are covered if we leave the boat in the water during the winter months. They have paid hassle free twice for named storm haul out.  The boat yard we use says others with boat us were having difficulty with haul out coverage for some reason. 
> I used to be in insurance and I can tell you it pays to shop around and ask around. 
> 
> Jerry Sheets
> JellyRoll  #890
> 
>> On May 19, 2017, at 9:31 AM, Doug Treff <doug at treff.us> wrote:
>> 
>> Interesting. My policy is up for renewal end of July. If they jack me
>> up, I will have to shop around. Thanks for the information!
>> 
>> I've not been totally happy with their service anyway, after having a
>> claim denied last year. They were once considered one of the best, now
>> with the move to Geico, they're just another insurer in my eyes.
>> 
>> --
>> Doug Treff
>> doug at treff.us
>> 
>>> On Fri, May 19, 2017, at 09:09 AM, Onat Dogruer wrote:
>>> Hello all,
>>> I have been with BoatUS for 8 years for our coverage; never made a claim.
>>> This year they are switching me to Geico as well. With our recent move, I
>>> had just Chesapeake bay in the previous plan and now being forced to
>>> switch back to "Coastal and Inland Waters of the US and Canada" hence
>>> increase in premium. I find it very strange for them to force everyone to
>>> shift to this as cruising limit. The underwriters I spoke with at BoatUS
>>> haven't been very helpful and told me that there is no more just a
>>> Chesapeake limited coverage. 
>>> 
>>> I wanted to get your thoughts and experience if you heard the same.
>>> Alternatively, which insurance companies do you use?
>>> 
>>> Thanks,
>>> OnatS/V Kittiwake1998, #546
>>> 
> 
> 
>