Go Back  Offshoreonly.com > General Discussion > Insurance and Finance
Time to shop for new insurance >

Time to shop for new insurance

Notices

Time to shop for new insurance

Thread Tools
 
Old 03-24-2014 | 08:37 PM
  #1  
TomFTM's Avatar
Thread Starter
Platinum Member
25 Year Member
Platinum Member
 
Joined: Dec 2000
Posts: 2,367
Likes: 90
From: Glen Cove ,NY 11542
Default Time to shop for new insurance

:Just opened my insurance policy renewal and apparently ace would like me to pay for all the bullsh!t claims people must be making. My insurance on my OL went up last yr approximately $800. I wasn't happy with that ,but it had not gone up in A few yrs so I was ok with it. And now this yrs policy they want $1100 more. I have had marine insurance for over 20yrs with never a claim . I have been with ace for the last 12yrs with the OL. Ace even decided to change my agreed policy amount to actual cash value. Also have clean drivers license , no auto accident claims in over 15 yrs and outstanding credit..... I'm pissed ....

The insurance prices and fuel cost are getting so absurd , never mind the marina fees. I could belong to an exclusive country club for what all these costs are....

I would like to find new ins for the OL and my Searay. Maybe a multiboat discount , can't operate both at the same time..

Tom
TomFTM is offline  
Reply
Old 03-24-2014 | 09:33 PM
  #2  
Registered
 
Joined: Mar 2014
Posts: 21
Likes: 0
From: Louisville KY
Default

I was calling around today for a 25 Rage and they wanted 1242 at progressive! Crazy!!
RAGE496HO is offline  
Reply
Old 03-25-2014 | 01:30 AM
  #3  
Registered
10 Year Member
 
Joined: Sep 2013
Posts: 686
Likes: 99
From: KY
Default

Progressive wouldn't insure me. Boat US was very reasonable.
Tom, your boats are a lot more expensive and higher speed/ hp but it wouldn't hurt to try Boat US. Good luck.
jtbooten is offline  
Reply
Old 03-25-2014 | 05:56 AM
  #4  
Registered
 
Joined: Feb 2012
Posts: 310
Likes: 3
From: Long Island
Default

Contact Stacey at wake zone ins she is very helpful and will get you good prices and coverage.
pro27 is offline  
Reply
Old 03-25-2014 | 09:52 AM
  #5  
Registered
20 Year Member
 
Joined: Jan 2002
Posts: 2,053
Likes: 39
From: Further South East of Dome Island
Default

Avoid Geico.
Pismo10 is offline  
Reply
Old 03-26-2014 | 08:56 AM
  #6  
TomFTM's Avatar
Thread Starter
Platinum Member
25 Year Member
Platinum Member
 
Joined: Dec 2000
Posts: 2,367
Likes: 90
From: Glen Cove ,NY 11542
Default

Originally Posted by pro27
Contact Stacey at wake zone ins she is very helpful and will get you good prices and coverage.
yes, I'm going to get in touch with her and see what she can do..
TomFTM is offline  
Reply
Old 03-26-2014 | 10:34 PM
  #7  
Registered
 
Joined: Aug 2013
Posts: 783
Likes: 0
From: Madison, Ms
Default

I have Geico written thru Seaworthy a Brookshire company. Have been happy with them and they where much cheaper than anyone else. I would like to know if there is something I'm missing because Pismo10 said to avoid.
Mseuro is offline  
Reply
Old 03-26-2014 | 10:42 PM
  #8  
Expensive Date's Avatar
Registered
 
Joined: May 2006
Posts: 4,224
Likes: 1
From: West Creek NJ
Default

Foremost, 35 Fountain 80k agreed value 500k liability $900.00 a year. It is batched through agent with house and cars.
Expensive Date is offline  
Reply
Old 03-27-2014 | 05:42 AM
  #9  
Registered
20 Year Member
 
Joined: Jan 2002
Posts: 2,053
Likes: 39
From: Further South East of Dome Island
Default

Originally Posted by Mseuro
I have Geico written thru Seaworthy a Brookshire company. Have been happy with them and they where much cheaper than anyone else. I would like to know if there is something I'm missing because Pismo10 said to avoid.
I was in an accident with a guy who had Geico and their rates are low because they don't pay claims. They did not pay my claim, nor their own clients claim. Had to go to arbitration, etc, on and on until they finally paid me off and still refused to pay their own client (Arbs found him 100% responsible). They have low rates for a reason. There is no free lunch.
Pismo10 is offline  
Reply
Old 03-27-2014 | 07:20 AM
  #10  
Registered
10 Year Member
 
Joined: Jan 2014
Posts: 409
Likes: 88
From: W. Mich.
Default

What Pismo said…Avoid Geico. I'm in the auto biz & we're involved in a similar issue with Geico right now. One of their insureds left the road, went through our parking lot and hit a brand new pickup hard enough to drive that vehicle into the one next to it, and then drove the 2 of them into a 3rd. Damage was substantial. Their driver was at fault. Geico's adjuster wrote an estimate to repair panels and underbody parts and spot paint…on new, untitled, 2014's.

We have customers who have had their vehicles towed to our shop and Geico refused to pay the tow bill because the customer called the wrecker instead of calling Geico and having Geico call the wrecker for them

. If you do some homework you can find all sorts of horror stories re. Geico. Call a few collision shops and ask them about Geico.


Wozencraft took care of me when my longtime agent couldn't. The also know exactly what the boat is, HP, speed, etc..
Slippery is offline  
Reply


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

Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.