Old as Dirt!
Join Date: Nov 2008
Location: Tampa Bay Area
Thanked 184 Times in 174 Posts
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Re: 2018 Boat US Insurance ... underwriter is now Geico, %20 rate increase...
Gee--Such an increase is really surprising unless BoatUS had really low-balled your premiums given your locale to begin with . We have our boat insured by "Seaworthy", a Berkshire-Hathoway Co., which became a Geico company (also Berksire-Hathoway) a year or so ago and, to my amazement, our premium for 2018 actually decreased by 15% over 2017 yet with no change in the agreed value, deductables, or limits of navigation. Given the effects of the recent storms, we had expected an increase, certainly not a reduction, so when we got the premium notice, I double checked the policy and then immediately paid up to ensure we were locked in for the new year.
"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."