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Old 12-06-2012
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svHyLyte svHyLyte is offline
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Re: Need Input on Insurance Companies

We had a policy with Markel for about 10 years but the Premiums got to be right off the charts after Hurricane Katrina and they were demanding a valuation survey every 3 years, which for our boat was not an inexpensive proposition. We switched to Seaworthy Marine Insurance--a Bershire Hawthaway company--and saved 1/3rd of Markel's cost for the same coverage with less frequent demands for surveys. Of course, we have no claims experience either, so the jury's still out on that. It will be interesting to see how the Company does with Hurricane Sandy claims.

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