Re: Sailboat perishes off Hatteras, USCG rescues crew
Originally Posted by 34crealock
My insurance rates went up $300 this year(Boat US). No claims. .??
Yeah. Mine went up by $200... Last year it went up by $50... Despite no claims in either year (never had a claim).
So I called them and asked what was up with the premium? They told me that my deductible went down to $500. I asked them to raise the deductible back up to $1K. My net premium this year went down by $20...
Insurance is a racket...
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USCG Licensed OUPV Captain, ASA 101/103/104/105 Certified - Also certified in Recreational Marine Electrical Systems