Insurance Increase
08-26-2002, 07:28 PM
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Location: Fells Point MD
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Insurance Increase
Just got my renewal notice, a 20% increase without a claim in my life. How many people insure boats over 100MPH? if its 2 or 3, then they can ask anything they want.
08-27-2002, 07:16 AM
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My Boat-U.S. Insurance increased slightly last year(something like 5%) but this year, so far so good no increase.
I have however, heard of certain insurer's raising rates like mad...Blaming it on a recent rash of accidents...There may be some truth to it, but it sounds more like some insurer's are just taking advantage of unfortunate situations...Price Gouging.
I have however, heard of certain insurer's raising rates like mad...Blaming it on a recent rash of accidents...There may be some truth to it, but it sounds more like some insurer's are just taking advantage of unfortunate situations...Price Gouging.
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sy goldberg
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