Check your Insurance policies for this...
#32
OSO Content Provider
Commercial Member
Any luck finding the boat or any parts?
#34
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Thanks for the support. Since the thief, sorry, ACCUSED THIEF, has been caught new info. should come this week.
I'll post away as soon as I know something.
Greg
I'll post away as soon as I know something.
Greg
#35
Registered
I think insuring a high performance boat with an insurance company that really doesn’t know what the hell they are insuring is asking for trouble
I have my home and my cars covered through State Farm but as far as my Cigarette We go through World Wide Marine Underwriters
This is what they specialize in BOATS!!!!!!! All types especially PERFORMANCE. They do NO cars and NO homes
You wouldn’t by your performance parts at K Mart why buy Insurance from a insurance company that specializes in car and Home insurance
I know that State Farm and many other Insurance company are MUCH cheaper but when you have a loss like this it becomes expensive in a hurry
Moral to the story is ---- Go to the guys that specialize in PERFORMANCE boat insurance!!! But even then make sure you tell them where you boat and what is under the hatch
I just herd another story of someone over here in northern country that took his boat to FL and didn’t tell his Insurance Co
They had him Insured for a winter lay-up and now guy has a claim. It is being denied because he didn’t make a phone call to inform his insurance Co that he was going boating during the lay-up period
Even the best insurance isn’t worth a damn if you don’t make sure you are covered for the area you boat and the power you run
With escalating Insurance rates we all are looking to save some money but expecting a mainstream insurance company to understand the costs and liability of a PERFORMANCE boat is asking for trouble
Just my .03
I have my home and my cars covered through State Farm but as far as my Cigarette We go through World Wide Marine Underwriters
This is what they specialize in BOATS!!!!!!! All types especially PERFORMANCE. They do NO cars and NO homes
You wouldn’t by your performance parts at K Mart why buy Insurance from a insurance company that specializes in car and Home insurance
I know that State Farm and many other Insurance company are MUCH cheaper but when you have a loss like this it becomes expensive in a hurry
Moral to the story is ---- Go to the guys that specialize in PERFORMANCE boat insurance!!! But even then make sure you tell them where you boat and what is under the hatch
I just herd another story of someone over here in northern country that took his boat to FL and didn’t tell his Insurance Co
They had him Insured for a winter lay-up and now guy has a claim. It is being denied because he didn’t make a phone call to inform his insurance Co that he was going boating during the lay-up period
Even the best insurance isn’t worth a damn if you don’t make sure you are covered for the area you boat and the power you run
With escalating Insurance rates we all are looking to save some money but expecting a mainstream insurance company to understand the costs and liability of a PERFORMANCE boat is asking for trouble
Just my .03
#36
Registered
Insurance Companies Hate Bad publicity Also
The advice about a lawyer above is absolutely correct. You need to get one and also file a complaint with your State's Insurance Dept. Insurance companies have lawyers on staff to deal with your lawyer. They want to stay out of court and may settle. While you ultimately will need a lawyer to deal with their lawyer I can tell you there's one thing that insurance companies hate more than court rooms - bad press. State Farm doesn't want to end up on the news or in the papers about denying legitemate claims. It's bad for business. It may take you a while but you can win (or at least partially win) this fight with the insurance company. Don't let up on 'em.
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