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Insurance Increase

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Old 08-26-2002, 08:28 PM
  #1
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Join Date: Oct 2000
Location: Fells Point MD
My Boats: 1999 Spectre 36
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Default 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.
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Old 08-26-2002, 09:38 PM
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Man, i would shop around, my boat insurance has not went up a dime, wish I could say that for my home insurance, and no claims at all, on boat, car or home
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Old 08-27-2002, 08:16 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.
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