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Are high cat rates getting higher?

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Are high cat rates getting higher?

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Old 08-30-2011 | 09:29 PM
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Default Are high cat rates getting higher?

Not an owner yet but heard rates the past few week took a major jump. True?
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Old 08-30-2011 | 10:47 PM
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Default Cat Rates

Not with our program.
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Old 09-01-2011 | 09:04 AM
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Not in my case
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Old 09-01-2011 | 09:39 AM
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None of our three cat carriers rates have gone up either.
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Old 09-01-2011 | 10:06 AM
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not in our case either,switched from Markel to Stacy @ wakezone and should of done it years ago
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Old 09-21-2011 | 11:41 AM
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Mine have gone down every year. This is my 8th year of owning a cat style hull.
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Old 09-21-2011 | 11:49 AM
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Originally Posted by CLA
Mine have gone down every year. This is my 8th year of owning a cat style hull.







then must be a small Cat and she's depreciating like a rock ... none of the guys at our powerboat club experience reduced rates every year not even on my home or pick-up ..oh do tell
Stacy do your customers rates go down every year ??????????????????? i always thought the yearly depreciation made up for the economic rate increases and balanced themselves out ..

Last edited by fountainfan42; 09-21-2011 at 12:31 PM.
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Old 09-21-2011 | 03:07 PM
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Originally Posted by fountainfan42

then must be a small Cat and she's depreciating like a rock ... none of the guys at our powerboat club experience reduced rates every year not even on my home or pick-up ..oh do tell
Stacy do your customers rates go down every year ??????????????????? i always thought the yearly depreciation made up for the economic rate increases and balanced themselves out ..
You are a ****ing smart ass. My boat is a 2005. Gone down every year with over $1K savings from previous year.

Markel btw.
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Old 09-21-2011 | 03:27 PM
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Originally Posted by CLA
You are a ****ing smart ass. My boat is a 2005. Gone down every year with over $1K savings from previous year.

Markel btw.
thats a first down 1 K per annum you must be lowering the value annually as well .I'll have to call Loyds of London and ask them why my car premiums are'nt going down ..LOL
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Old 09-21-2011 | 04:40 PM
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Originally Posted by fountainfan42
thats a first down 1 K per annum you must be lowering the value annually as well .I'll have to call Loyds of London and ask them why my car premiums are'nt going down ..LOL
Call Hagerty for your cars. That's what I do. I paid way under market value for my cat 2 years ago when the market was tanked. I could probably sell it and make money. Only thing close to it in the classifieds is 81K and it has week power.
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