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POLL: Insurance (problem) ....everybody please read >

POLL: Insurance (problem) ....everybody please read

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General Boating Discussion
View Poll Results: Is a 10% charge fair to cancel your insurance if you sell your boat?
YES
7
6.86%
NO
95
93.14%
Voters: 102. You may not vote on this poll

POLL: Insurance (problem) ....everybody please read

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Old 01-19-2006 | 10:01 PM
  #21  
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Default Re: POLL: Insurance (problem) ....everybody please read

Nice sell! I know you had it for sale for a while. Happy for you. I saw it in Hot Boat and you had a nice one. What's next Semper Fi ?
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Old 01-20-2006 | 11:41 PM
  #22  
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Default Re: POLL: Insurance (problem) ....everybody please read

Originally Posted by yeehaw
OldSchool - What is wrong with that? You should only have to pay for what you use.
I really don't think that many finance companies would let that slide. Just imagine if your garage burned down. Was it Sean Bishop that had a little mishap like that?? Finance companies want to make sure their a$$ is covered.
As far as the 10% thing goes it seems a little steep. Just imagine if you were insuring a million dollar MTI or Skater with ins premiums at 20K-25K or more per year. That 10% would frost me a bit. That $2500 is at least a one ot two day gas tab
Besides after owning a boat I would think that you were used to getting stuck in your a$$. Everything marine related is off the wall
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Old 01-24-2006 | 03:30 PM
  #23  
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Default Re: POLL: Insurance (problem) ....everybody please read

Congrats !

Whats next ?

LS
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Old 01-24-2006 | 05:22 PM
  #24  
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Default Re: POLL: Insurance (problem) ....everybody please read

Originally Posted by lucky strike
Congrats !

Whats next ?

LS
I am still wondering that also. Probably a 33' Powerplay
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Old 01-24-2006 | 07:15 PM
  #25  
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Default Re: POLL: Insurance (problem) ....everybody please read

Originally Posted by CigDaze
I don't get it.

Usually when I cancel insurance, I get a check back for any unused premiums.

Right on... that is the way it should work, period
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Old 01-25-2006 | 08:41 AM
  #26  
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Default Re: POLL: Insurance (problem) ....everybody please read

I Always Cancel Pro Rata !
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Old 01-25-2006 | 09:32 AM
  #27  
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Default Re: POLL: Insurance (problem) ....everybody please read

Originally Posted by sy goldberg
I Always Cancel Pro Rata !
Please elaborate for me...thanks
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Old 01-25-2006 | 09:53 AM
  #28  
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Default Re: POLL: Insurance (problem) ....everybody please read

Originally Posted by Semper Fi
Please elaborate for me...thanks
No penalty with pro rate cancel vs. 10% (usually) penalty with short rate cancel.
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Old 01-26-2006 | 12:13 AM
  #29  
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Default Re: POLL: Insurance (problem) ....everybody please read

Originally Posted by sy goldberg
I Always Cancel Pro Rata !
Okay.....it's cleared up! Thanks SY

Last edited by Semper Fi; 01-26-2006 at 12:32 PM.
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Old 01-27-2006 | 12:48 PM
  #30  
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Default Re: POLL: Insurance (problem) ....everybody please read

The words "Over A Barrel" come to mind.
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