Join Date: Sep 2006
Thanked 4 Times in 4 Posts
Rep Power: 10
Re: BoatUS: 65,000 boats damaged by Sandy
The January 2013 issue of Seaworthy (BoatUS Insurance monthly) arrived yesterday. In an article on page 13, they made it known that rates were going up ... way up.
Their suggestion is that owners might consider liability only policies.
While I do understand the theory behind national/international insurance companies (ie: shaared risk), I believe owners on the Great Lakes and the west coast are going to get screwed.
`99 Beneteau Oceanis 352, #282 WiTCHCRAFT
Sailing Lake Michigan and the Great Lakes