21-Year Warranty on Outdrives???
05-30-2013, 12:05 PM
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21-Year Warranty on Outdrives???
First off, I know this should be in the insurance section, but it's specific to outdrives, so I'm posting here.
Has anyone seen and/or used this new insurance program from progressive? It was sent to me by a buddy of mine.
http://www.aibme.com/images/Propulsi...0A00260_1_.pdf
To me, it seems to good to be true. Basically, if you have progressive insurance, your boat is less than 10 years old, then you can add this add-on to your policy for around $150/year. This add-on covers your outdrives. Even 'normal' wear and tear. And, after you add it, you can keep it until the boat is 21 years old. And, in the event of a total failure, they will replace the outdrive. Deductible is only $250.
This seems way too good to be true to me.
But, now that I have my new outdrives on, I'm considering changing to Progressive just for this.
Has anyone seen and/or used this new insurance program from progressive? It was sent to me by a buddy of mine.
http://www.aibme.com/images/Propulsi...0A00260_1_.pdf
To me, it seems to good to be true. Basically, if you have progressive insurance, your boat is less than 10 years old, then you can add this add-on to your policy for around $150/year. This add-on covers your outdrives. Even 'normal' wear and tear. And, after you add it, you can keep it until the boat is 21 years old. And, in the event of a total failure, they will replace the outdrive. Deductible is only $250.
This seems way too good to be true to me.
But, now that I have my new outdrives on, I'm considering changing to Progressive just for this.
