They increased my boat insurance and I'm NOT happy!

Homerr

Commander
Joined
Mar 4, 2002
Messages
2,294
I got my insurance renewal from BoatUS today.<br /><br />They seemed to have hopped on the stick-it-to-ya insurance wagon and increased my premium.<br /><br />I'M PISSED!<br /><br />I have no accidents...No nothing! Clean driver.<br /><br />Does anyone know if I can 'down-grade' the insurance since I don't owe as much on the boat, and it isn't worth as much as it was when I first signed with BoatUS ?<br /><br />Thanks,<br /><br />H.
 

marty_scher

Petty Officer 1st Class
Joined
Mar 30, 2002
Messages
208
Re: They increased my boat insurance and I'm NOT happy!

I don't think you can really "downgrade", since financially, you don't own boat and the lien holders want to make sure they are covered, regardles of what is costs you ( I tried it with an almost-paid-for junker car, with no luck)<br /><br />There is nothing however, to keep you from shopping different companies for a better rate.<br /><br />Good luck.
 

Ralph 123

Captain
Joined
Jun 24, 2003
Messages
3,983
Re: They increased my boat insurance and I'm NOT happy!

You can probably increase your deductable and lower your rate that way too. You may also be able to decrease your liability limits.
 
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