View Poll Results: Tell insurance of horsepower gains?
Yes, tell them the truth.
36
53.73%
No, what they don't know doesn't cost me.
31
46.27%
Voters: 67. You may not vote on this poll

Like Tree0Likes

Tell insurance about HP improvements?

Reply
Old 10-06-2003, 09:32 AM
  #21
Registered
 
martiniboat's Avatar
 
Join Date: Sep 2002
Location: Brussels, Ont. CAN. Landlocked between Lake Huron, Ontario and Erie
My Boats: 1978 Martini 25 foot and 30' 1986 Corsa ('old school is cool')
Posts: 592
Default

As much as I hate to 'conform' I would have to agree with the general consensus. Be upfront, there's just too much at stake.

Brian Kamrath
martiniboat is offline  
Reply With Quote
Old 10-06-2003, 09:39 AM
  #22
Charter Member #232
Charter Member
 
Audiofn's Avatar
 
Join Date: Oct 2000
Location: Carlisle, MA USA
My Boats: 1979 Formula 302, 99 Formula 353, 81 Donzi 18 2+3 with 454
Posts: 18,379
Default

You guys remember I think it was Kook? The guy the had the accident with his Sunsation? He had reported everything as accuratly as possible and the only mistake that he made was putting down Merc Power when it was a motor that Bruce Dudley made. He crashed and they tried to denie the claim.

If you added a cam or something like that I would say ya maybe but since you have added blowers and a CONSIDERABLE amount of speed then you will have to pony up.

Jon
__________________
Put your best foot forward!
Audiofn is offline  
Reply With Quote
Old 10-07-2003, 12:18 PM
  #23
Registered
 
Join Date: Jul 2003
Posts: 43
Default

Just reviewed by policy underwritten by ACE American. Essentially, policy contains endorsement that any modifications VOIDS coverage.

Strong advice. Read policy and talk to your broker/agent.

My opinion is better to deal with increase premium than a denied claim.
X-cited is offline  
Reply With Quote
Old 10-07-2003, 02:42 PM
  #24
Charter Member #139 /Moderator/Platinum Member
Charter Member
 
klaw's Avatar
 
Join Date: Nov 2000
Location: McHenry IL /Duck Key FL
My Boats: 1989 Cigarette Bullet cig 20 resto mod
Posts: 2,201
Default

A few years ago on the board there was a story of a boat called 4 of a kind Big outerlimits with surface drives The way the story wet stock 500hp were replace with 4 x 1000 HP. Had a picture of boat standing on the bottom with just bow above water (full reverse when close to a dock sucked transom down)
The insurance company supposedly walked from a $250k claim
klaw is offline  
Reply With Quote
Reply

Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
fountain1998
Fountain
34
02-21-2006 07:09 PM
krakmeup
Superboat
8
01-21-2005 12:26 AM
Arve
General Q & A
2
01-19-2005 02:06 AM
mcraymond3
General Q & A
5
05-01-2003 08:08 AM
wesley t
General Boating Discussion
3
04-14-2002 01:41 PM



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 08:11 PM.


Copyright 2011 OffShoreOnly. All rights reserved.