Old as Dirt!
Join Date: Nov 2008
Location: Tampa Bay Area
Thanked 150 Times in 142 Posts
Rep Power: 9
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.
"It is not so much for its beauty that the sea makes a claim upon men's hearts, as for that subtle something, that quality of air, that emanation from the waves, that so wonderfully renews a weary spirit."