Did your boat insurance go up

[J Barbosa]

Originally Posted by Billy223

I just renewed mine yesterday. Same premium as last year $467 for full ins.

On another note:
BoatUS towing ins is 149. I contacted them as to why it was 99 last year and now to renew this year is 149 and this is the response to that...

Thank you, Billy. You joined through one of our New Jersey offers. All of our $99 introductory offers are for new Members only. Normal prices resume upon renewal. We attend many boat shows where we offer similar priving discounts and we also have West Marine events where you may have the opportunity to renew the membership at the discounted price, however, our full price is $149/year as listed on http://www.boatus.com/membership/plans-and-prices

BOAT US always tries to hit me with the separate towing bill each year until I call them to complain that it's already a rider on my policy and included in my regular boat insurance and then they say "Ohh, yea I see that" and wave it.

I'm kind of torn to leave them as they treated me very well on a small claim I had a few years ago but they raised my price $300 for 2018 citing big losses from Harvey. lol

[Capt. Debbie]

Shouldn't they assess the costs to the area actually hit by Harvey?

So if there's a storm anywhere you're a higher risk? Doesn't that bother you as simply gouging?


Also if you get Geico insurance, they throw in Boat US breakdown coverage under some BS shell company. Sea Tow does the same with Progressive Insurance.

Originally Posted by J Barbosa

BOAT US always tries to hit me with the separate towing bill each year until I call them to complain that it's already a rider on my policy and included in my regular boat insurance and then they say "Ohh, yea I see that" and wave it.

I'm kind of torn to leave them as they treated me very well on a small claim I had a few years ago but they raised my price $300 for 2018 citing big losses from Harvey. lol

[Gerry Zagorski]

Just got this email from my insurance guy Vito Manzi... NICE!!

Hi Gerry,

Hope all is well. I just wanted to send you a quick email to let you know your GEICO boat renewal went down $204.00. Current premium is $1,025.00 and the renewal will be $821.00. I have attached a copy of the renewal for your review. The original will be mailed directly to you by GEICO.

Also, I highlighted the deductible section of the policy as there is $0 deductible on the policy. The policy has a vanishing deductible endorsement which came out last year, and the company gave you credit back to 2013, your first year with GEICO. Actually, the deductible disappeared on the 4/20/17 to 4/20/18 policy term(current year).

If you should have any questions, feel free to give me a call.

Have a nice weekend!

Regards,
Vito

Please note my new extension is 1002



Vito Manzi

Maiello & Manzi Associates, Inc

500 Craig Road Lower Level

Manalapan, NJ 07726

(848)863-6800 X 1002 * (888)572-4162 (Fax)

[J Barbosa]

Originally Posted by Capt. Frank

Shouldn't they assess the costs to the area actually hit by Harvey?

So if there's a storm anywhere you're a higher risk? Doesn't that bother you as simply gouging?


Also if you get Geico insurance, they throw in Boat US breakdown coverage under some BS shell company. Sea Tow does the same with Progressive Insurance.

It does, definitely going to shop around. Insurance companies all have certain "risk" factors, and for whatever reason mine and others went up, some stayed the same, and a few lucky ones like Gerry went down.

[tjd24]

My Premiums stayed the same for the last 3 years.
Boat Safe in Pt. Pleasant.

[Capt. Debbie]

Sounds more like a whim of your insurer. We use different oceans and live in different climates in NJ? Hardly. Its to get their profit margins up to the max the law allows. Then picking a customer.

You actually thinking boating risks changed between 2010 to 2011? Or 2017 to 2018? You know the answer. Put a rule out of am actuarial's a*s and charge'm. lol

Originally Posted by J Barbosa

It does, definitely going to shop around. Insurance companies all have certain "risk" factors, and for whatever reason mine and others went up, some stayed the same, and a few lucky ones like Gerry went down.