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-   -   ready for a cat..... CANT GET INSURANCE (https://www.offshoreonly.com/forums/general-boating-discussion/117278-ready-cat-cant-get-insurance.html)

kcgbjc 12-02-2005 01:52 AM

Re: ready for a cat..... CANT GET INSURANCE
 
Do a search on these guys. There were cease and desist orders. I got a great quote last year. They were very quick and receptive. I then asked if they were licensed to insure in California and they clammed up. BE VERY CAREFUL!!


Originally Posted by Pmpaint1
Rashid
International Water Safety Foundation
pH: 1888-346-4673
fax: 1 888 346 4674

905 Michele-Bohec
Suite 204
Blain Bille, QC J7C5J6


E:mail [email protected]

Referall Code: 162578


bcschoe 12-02-2005 06:59 AM

Re: ready for a cat..... CANT GET INSURANCE
 
Gordo,

Thank you for your contributions to the Auxiliary and commitment to safe boating.


ChiTown,

What we are supposed to do is reduce the number of incidents which require insurance settlements. While, I am not familiar with the insurance business I am familiar with risk modeling. With risk exposure factored by speed and frequency at speed we have to mitigate with experience and training.

If we as a performance boating group demonstrate our united commitment to safe and responsible boating with a reduction of claims the numbers will reduce the cost of proper insurance.

The terminal performance objective is not 10% off your premium, but to equip boat operators with the knowledge, skill’s, and abilities to operate safely ultimately saving lives, property, and our boating life.

Tres’s course should and may receive a higher discount factor than 10% because at 10% it is par with the NASBLA courses and its value to operators is far above what the other courses offer. Again, I am not discounting the value other boating safety courses but highlighting the extra benefit received by the targeted teaching Tres offers.

sy goldberg 12-02-2005 07:48 AM

Re: ready for a cat..... CANT GET INSURANCE
 
RE: IWSF I know insurance agents that got huge fines for writing something that seemed to be some type of policy.i have a friend that was a New Jersey agent for them who had his office door broken down by the FBI,his computer seized,his insurance licensed revoked,and fined $5,000 by the state insurance commission.I was just approached by them again to be an agent for them and was told that my commision payments could be 30%.I know I'm old,but I'm not senile yet. I hope that nobody is "insured" by them,and if you are I would suggest that you keep your paperwork from them in a safe place like in your bathroom in the roller that holds really important paper.

gsmith9898 12-02-2005 06:16 PM

Re: ready for a cat..... CANT GET INSURANCE
 
ttt

ospreyproduction 12-02-2005 08:10 PM

Re: ready for a cat..... CANT GET INSURANCE
 

Originally Posted by ChiToWn TapouT
What are you supposed to do when the insurance companies
have a strangle hold on the cat industry.
I believe it was Speed2Lead that had a 30 w 300's and was
paying 3k last year now he had to sell because ins jumped
up to 6k thats a little steep wouldnt you say.
.............

I'm amazed at what I'm reading. I have a 27' Cougar MTR with twin 300X's and have my boat fully insured. I'm afraid to say who it's with for fear of pointing myself out, but it's a very standard major insurance company. They know everything about the boat and THEY have it rated at 110 MPH (which it won't even do) and my annual premium is $515

Go figure. :rolleyes:

dmann 12-02-2005 08:43 PM

Re: ready for a cat..... CANT GET INSURANCE
 
Out with it, who is it!!!!! :D

ospreyproduction 12-02-2005 09:00 PM

Re: ready for a cat..... CANT GET INSURANCE
 
DMAN...what's that costing you?

ospreyproduction 12-02-2005 09:04 PM

Re: ready for a cat..... CANT GET INSURANCE
 
1 Attachment(s)
Here's my rig....

CAP071 12-02-2005 10:16 PM

Re: ready for a cat..... CANT GET INSURANCE
 
So Chad1 what have you found out so far?

dmann 12-02-2005 10:23 PM

Re: ready for a cat..... CANT GET INSURANCE
 
Is this the same one that was just on Ebay?


Originally Posted by ospreyproduction
Here's my rig....



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