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NBOA Insurance, What's the deal???

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Old 08-16-2002, 04:21 PM
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Good Luck Cord! Thanks for your feedback.
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Old 08-16-2002, 04:26 PM
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Hey Daze....still trying to find out a few things about them, however if the only respondent (cord) to have had a claim with them is going to court, not a very good sign......
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Old 08-16-2002, 04:36 PM
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Let me give you some more background information...

I had a agreed value of $14,000 on my old boat. I sank it last year and the most they would offer me is $2,700. I'm suing them in small claims court. They have requested a jury trial. The limit for small claims is $5000. They are refusing to pay me just over 50% of the agreed value for a boat that sank.
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Old 08-16-2002, 04:37 PM
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Thanks again Risk...
You're right, the odds so far are stacked in the wrong direction...

I can't believe only three people use them here...

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Old 08-16-2002, 06:10 PM
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Default Insurance company that NBOA uses.

I think they use a Lloyds of London company for their Baja program,check your policy to see who the actual company is.
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Old 08-16-2002, 06:48 PM
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Quote:
Originally posted by Baja Daze
Thanks 29!
Was that the first quote they gave you? Did you have to work them a little for the $900? I got a quote of $1062 for a smaller boat.
$1062 for your current boat is certainly a lot higher than the $900 for my twin engine 29. I wonder if it has to do with the fact that you live in Florida and use your boat 12 months a year whereas I live in Md and told NBOA that I use my boat 7 months a year??
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