Progressive
 

So Whats Everyones Bottom Line Thoughts On Progressive

Re: Progressive
 

I've had them for five years now, no problems, good communications, fair prices, they also reduce your deductible each year you go without a claim.


Larry

62 Bel-Air 409

260 Eagle XP HP500EFI

2002 Corvette M6 Coupe

Re: Progressive
 

No longer writing policies for boats over 30 ft or valued more than 100K.

They used to have 75 mph and 830 total HP (415 X 2) limits.

Prices are very competitive if you fit into their limitations.

Re: Progressive
 

keep looking...

Re: Progressive
 

actually got a good quote from them think ill try them out

Re: Progressive
 

Progressive insured my 32 fountain...best rates that I found for the coverage

Re: Progressive
 

they insured my 32 also. I had a vandolim claim and they were good about paying it then they dumped me. The 75M.P.H. thing. They needed to talk to someone at Fountain and in doing that found out the speed of the boat. Actually I think it was 70 M.P.H. limit thought. I didnt understand it but oh well. Why pay a 20,000 claim then dumb the person? So to anwser your question.....I had good luck with them HOWEVER be carefull....the adjuster I had was cool and he explained to me that I was LUCKY that they covered my claim.

Re: Progressive
 

I've had two major claims with them and they paid both. 27 Fountain, single 502.

First claim was a blown motor (seaweed, overheating, went down as an at-fault accident). Second claim was a serious accident (not my fault). They paid both promptly and haven't dropped me yet (knock on wood)

Re: Progressive
 

You will not believe what they will insure to 90mph....a Bass Boat. A kitchen table with 300 hp! It must be a "claims" thing.

Re: Progressive
 

I was with a client yesterday in a body shop.He was working on a 05 vehicle was installing a used rocker panel , door pillar and doors because thats all progressive would pay for.Seems that they want all vehicles repaired with used parts to save money

Re: Progressive
 

All insurance companies will try to do the used parts thing but if your client refuses and tells them he will sue they will back down and install new. My buddy had a 8 month old/5,000 mile Chevy pickup they tried that scam on and they finally agreed to install new parts only after a few calls/letters from his attorney.

Re: Progressive
 

I have been in the body shop Business a LONG time they are the worst i have EVER worked with... Just like everything else you get what you pay for... STAY AWAY... its cheep intill you need it.

Re: Progressive
 

I hope we never have a claim as what customryder says is what I've heard about how they handle claims. They are hard core when it comes to paying a claim. However, when I repowered my boat, I wanted to up the value and I went with them to save about 25% a year AND up the value, way up, and include the "manufactures" rated HP. :D Premium went down but last year when we renewed, they dropped it another $100!!!!

Again, I hope I don't have a damage claim, but rates were good to me.

Re: Progressive
 

A buddy who had Progressive experienced a fire to the warehouse his boat was in....total loss, they caught the kids that did it (accidental! :rolleyes: )
Anyway, he fought for 8 months to get 80% of what he had the boat insured for and only settled because he had found another boat he wanted bad. I promptly dropped them after hearing his and similar stories regarding claims.

Re: Progressive
 

Why is that? I'm curious. I'm of the understanding that agreed value, is just that. An agreed value of the boat. I can see them trying to push the limits, but if they are held to the policy????? My BIL is an attorney and he's said he will not, for any reason, take a case against a discount auto insurer. However, although not a topic of auto's, I would not consider Progressive a "discount" insurer. They are usually the ones that do local commercials. LOL :D

I had a friend that had an issue with one, and he would not take it. He suggested hunting for an attorney with a "boner" for the carrier. :evilb:

Re: Progressive
 

They claimed the agreed value was 2 years ago when they wrote the policy and that they now were going to use book value.
Boat was a 89 38 Fountain that had a total re-fit 3 years earlier. New 500EFI's, Huber 1250 trannies, #4's, new Eagle trailer, complete new cockpit, dash, paint, etc. (the boat had big power but was re-fitted with new 500's when my buddy bought it a year after the restoration) Book value was considerably less because of the added hardware.

Re: Progressive
 

I have had progressive for various recreational vehicles and they do not insure for stated value,only actual market value so I can see where your buddy had a problem. Lets say you insure your boat with them for 50,000$ and your premium is 500$,your boat has a total loss and they feel the market value is 35,000,thats what they are going to pay. If you talk to a agent they are usually pretty clear about it. Lets say you insured your boat for 35,000 and the premium is 350$ but your boat is worth 50,000$,they are only going to pay you 35,000 on a total loss. They encourage you to lower your insured value as they only cover vehicles for market value,your rates would reflect the lower value so if someone bought a new boat for 90,000$ 5 years ago and they never lowered their coverage limit they might as well so they can pay a lower premium as any claim will be based on current market value,its just the way it is,Smitty

Re: Progressive
 

Lost My Ass With Them On A Boat That Was Stolen!!!!!
My Only Claim Ever Put In Against A Boat That I've Owned. So Much For Having A Clean Record Of 20 Plus Years Of Boating.

Re: Progressive
 

Obviously he thought he was covered....not sure how the policy was written. With all that new (2-3 years old) hardware the boat was certainly worth more than NADA though!

Re: Progressive
 

same as I heard

Re: Progressive
 

who is covering your boat now with the speeds you get I AM LOOKING FOR SOMEONE NOW

Re: Progressive
 

NO claims, but I have my policy with a member of The Thousand Island Power Boat Club. He comparied my ACE policy with the Progressive police and claims I have BETTER coverage with Progressive.

It was much less expensive. Hate to wait for a claim to find out different!

Dave