On board camera to reduce insurance costs
 

Would you install an on board video camera to save on insurance costs ? Some articles recently about limo companies and delivery fleets saving money on insurance costs by having them installed. Haven't heard of any on boats yet but may be in the future.. If the savings were substantial would you do it? ... or too much big brother?

Re: On board camera to reduce insurance costs
 

Way too much big brother :eek: . I go boating to get away, as much as that is possible these days.

Re: On board camera to reduce insurance costs
 

most likely someone with no or very little boating experience will watch the video and nto realize whats happening and decide that you are a dangerous driver then raise your rates.

Re: On board camera to reduce insurance costs
 

How would an onboard video camera lower risk to insurance companies?

Steve

Re: On board camera to reduce insurance costs
 

Don't know about camera, but I'll bet it wont be long before they offer considerable discounts for a permanently mounted GPS tracking device, another item I would not care to have.

Re: On board camera to reduce insurance costs
 

I don't see how installing a camera would reduce insurance if anything they would probably use it as an excuse to up rates. As fro the Limo companies doing it, I own a Limo service, yea see how many clients you loose by video taping them!!! At least my clients :eek:

WILL

Re: On board camera to reduce insurance costs
 

I agree. It can only be used against you. The insurance companies might interpret things as potentially dangerous. :mad:

Re: On board camera to reduce insurance costs
 

i saw it today on CNN too.... not a bad idea

Re: On board camera to reduce insurance costs
 

Yeah sure, RATMAN would get ahold of the videos and my wife and her girlfriend would end up on some porn site! :evilb:

Re: On board camera to reduce insurance costs
 

The idea seems to be that if the insured is willing to hold himself to a higher degree of accountability (via video) then he fits the profile of a more responsible boater - lower risk - better rate. This would really be an option of last resort for me.

Re: On board camera to reduce insurance costs
 

That sounds more like monitoring employees driving habits ect...ect....

We had guys at Bud that would secretly follow employees around and video tape everything they did............

Re: On board camera to reduce insurance costs
 

same thing I was thinking :). The insurance man would be jealous!!

And................... Hey Dreamer! When you coming back to party wit da boys???? Blue Martini is getting even better - if that was possible :)

Re: On board camera to reduce insurance costs
 

will have video camera on board but dont think ins co would wank to see the tape............. :evilb: :evilb: :evilb: :evilb: :drink: :drink:

Re: On board camera to reduce insurance costs
 

WE pay so much because of all the deaths, so called thefts, and storm damage boats, :rolleyes:

Re: On board camera to reduce insurance costs
 

Just imagine you having a "near acident", only it was some idiot that would have been to blame and not yourself.....all the insurance companies would see on the video is that there is alot moe idiots out there on the water--that can only HURT US. :(

Re: On board camera to reduce insurance costs
 

I just took my insurance representative out on the boat and showed her what a good, responsible boat operator I am. She loved it, probably will go again this summer. :D

Re: On board camera to reduce insurance costs
 

see if your insurance company will offer you a discount for a Lo-Jack system