Join Date: Aug 2011
Location: Central New Jersey, sailing on the Navesink River and Sandy Hook Bay mostly.
Thanked 4 Times in 4 Posts
Rep Power: 6
Re: Need Input on Insurance Companies
I had my boat insured with Progressive. I understand they had 1800 claims in New Jersey alone. They were easy to contact, easy to deal with, prompt to pay, after Sandy. I had an agreed value policy, so there were no discussions. Agreed value is a way to avoid surprises and sometimes save a little on premmiums.
A friend Catalina 30 was also with Progressive. He settled, then remembered a few things. They agreed to cover the additional. They just sent me a letter suggesting I cancel my policy since I had no boat and said there would be a small premium refund. Statisticaly 2 out of 1800 is not significant. But I can't imagine the process being easier.
X Mariner 28