[C320-list] Insurance

[Bob Hoyt]

I feel compelled to report a very different experience. I first insured my
Pearson 30 (lost in Hurricane Ivan 2004) and subsequent Tartan T-28 with a
local Allstate agent
<https://agents.allstate.com/ty-cowen-pensacola-fl.html> in Pensacola,
Florida. Usual premiums have been $200-$225 per year. When I purchased my
Catalina 320 in November 2016 I had it surveyed and presented that to my
agent. He said the insurance fee would be $75. I assumed that meant for the
rest of 2016 but instead, that was the annual fee. My newest insurance bill
is for $71 for the next year. When I called the agent to sheepishly ask for
an explanation, he said it was because I had few claims and a long track
record with Allstate. Keep in mind that the first boat was totaled after
Hurricane Ivan.

We are facing Hurricane Irma so things might change but I thought I needed
to report a positive insurance experience

Bob Hoyt
Liza #58 1994
Pensacola, FL

On Tue, Sep 5, 2017 at 2:57 PM, Art Harden <artstree at aol.com> wrote:

> I was listening to Clark Howard on the radio one evening and he was
> talking about insurance in general. He said that insurance companies are
> the most uncaring company for maintaining repeat customers. He recommends
> that at least every two years you get a quote from another organization. If
> you stay with the same company long enough they will start gouge you every
> year until you finally get another quote and move to another company.
>
> Shortly after hearing this I got my insurance bill for my office building
> and it had increased 75% over a three-year period. We had had no claims and
> there had been no changes in the building. I called my agent and he got us
> a quote back down to our original price with the same coverage and
> deductible. We just had to change companies. It seems the insurance
> companies do not appreciate any kind of loyalty so you should not be loyal
> to them.
>
> Art Harden
> Tortuga Catalina 320
> 937-477-5544 (m)
>
> > On Sep 5, 2017, at 3:19 PM, Trudi Devine <trudid at sbcglobal.net> wrote:
> >
> > My Boat U.S./Geico premium was 409.00 last year.  Oct16-Oct17.
> > This year they want 838.00.  Shocking and I'd say price gouging.
> > I called State Farm they quoted around 400.00 but insisted on a full
> Marine survey which runs about 400.00 in this area.
> > I called Progressive.  My Premium with them will be 421.00.  No survey
> required, vanishing deductible.
> > My Catalina 320 #114 1994 is at the California Yacht Club in Marina del
> Rey, CA.
> > Many thanks to the group for all the excellent advice and information.
> > Trudi Devine
>
>


-- 

*Robert (Bob) Hoyt MD FACP*

*Diplomate, Clinical Informatics*

InformaticsEducation.org  <http://InformaticsEducation.org>
rehoyt at gmail.com

Cell: 850-384-5235