Go Back  Offshoreonly.com > General Discussion > Insurance and Finance
CAT Rates have been reduced!!!!  Contact us for a "re-quote" >

CAT Rates have been reduced!!!! Contact us for a "re-quote"

Notices

CAT Rates have been reduced!!!! Contact us for a "re-quote"

Thread Tools
 
Old 06-16-2011, 11:29 AM
  #1  
HP Marine Ins. Specialist
Thread Starter
 
Join Date: Mar 2008
Location: Insuring any kind of boat
Posts: 985
Likes: 0
Received 0 Likes on 0 Posts
Default Amount of credit given on CAT HULLS increased!!!! Contact us for a "re-quote"

I'm excited to announce that two of the carriers that we represent in this office have increased the amount of credits they can give out on CAT hull boats.

So, if you received a quotation from Wake Zone Marine on your CAT boat prior to 04/01/11, please email me and I'll have your quote re-rated. If you haven't gotten a quote from Wake Zone on your CAT yet, now is a better time than any to get one. With the CAT market getting very competitive, there are better (compared to past years) rates to be had. At Wake Zone we have no limit on the top speed your CAT can be capable of so there isn't a CAT we can't insure.

This is not for every program we represent but is for two of our admitted markets. This post is not valid for Florida quotes issued by our agency.

If you want me to re-rate your CAT quote, simply email me your name and boat to: [email protected]

*** I made a error in my original post (which I have now corrected). The overall CAT RATE did not get lowered. The amount of credits the carriers are able to give to reduce your overall rate, has increased.

Last edited by WakezoneINS; 06-16-2011 at 04:05 PM.
WakezoneINS is offline  
Old 06-16-2011, 03:27 PM
  #2  
Registered
 
Join Date: Nov 2007
Location: GLOC claremore
Posts: 109
Likes: 0
Received 0 Likes on 0 Posts
Default

Will this rate reduction reflect in policies that individuals currently have?
powercat is offline  
Old 06-16-2011, 03:48 PM
  #3  
HP Marine Ins. Specialist
Thread Starter
 
Join Date: Mar 2008
Location: Insuring any kind of boat
Posts: 985
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by powercat
Will this rate reduction reflect in policies that individuals currently have?
That is a big "depends"

#1: Depends on which carrier we currently have your policy placed with. IF you are with a carrier that I am NOT referring to in this post then you can pretty much bank on your renewal rate staying steady.

#2: Depends on the type of credits that were given to you when we bound coverage for you. There are some clients that are on our books that are maxed out on the amount of discounts and credits they can receive.

#3: Depends on what you've got on your driving record come renewal and what additional discounts you qualify for.

We look at renewals each year and reshop and try to lower rates where we can. If you'd like to discuss the renewal of your policy in particular please call me or email me about it and I'll let you know where your policy stands and if it qualifies for further discounts at renewal. We'll always try to help you save money where we can.
WakezoneINS is offline  

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



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.