Learning the HARD way...
Join Date: Jan 2007
Location: Boston / Ft Myers Area
Thanked 107 Times in 104 Posts
Rep Power: 9
Re: Boat Insurance Rate Increase
Note that you can get a lower premium by increasing the deductible. Boat US was going to bump my premium up by about 30% ($700 to $900). I called them about it. As I recall, they had decreased my deductible from $1000 to $500, because I did not have any claims in the last two years (or ever).
I told them to bump the deductible back up to $1K, and the premium went DOWN by about $20.
Also, because I just received my OUPV, I received an additional check for $20 (woo hoo!).
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USCG Licensed OUPV Captain, ASA 101/103/104/105/106/118 Instructor - Also certified in Marine Electrical Systems