You get what you pay for. Rich
> On Dec 28, 2013, at 10:14, Joseph Bognar <jbog...@sympatico.ca> wrote: > > I tore my genoa in my spreader Tip one year. My agent said he would split the > difference with me less the deductible on a brand new sail . When it came > time to pay he covered the cost less the deductible . My sail was 25 years > old also . I think it's time for a new insurance company . I have the > Skippers plan from a large local insurer here in Toronto that specializes in > boats > > Sent from Joe Bognar > > >> On Dec 27, 2013, at 11:39 PM, "Peter Fell" <prf...@gmail.com> wrote: >> >> So a couple weeks before Christmas, a windstorm of 40 – 50 km/hr ripped >> apart my 130 genoa overnight. It stayed furled on the boat but the top >> caught the wind and peeled it down, ripping 3 panels across the leech / UV >> cover, breaking the leech line, etc. No damage to the furler though ... I >> had that checked out by a rigger. >> >> Local loft says $500 to fix the sail but the “designed shape has been >> compromised and repairs will not bring the sail back to pre damage >> condition”. That’s the loft manager’s wording verbatim. >> >> So far insurance underwriter has responded back to the adjuster that they >> are willing only to ‘repair’ the sail, with the net result of me spending >> another $250 (deductible) on essentially a ruined sail. The adjuster is >> going to try again with a different approach. I’ll hear back in the new year >> on that. >> >> I’m not obviously happy with this, considering, although the sail is 10+ >> years old, it was in pretty good condition (sailcloth and shape-wise) ... so >> much so that it was deemed worth it to have $500 of re-stitching, new UV >> cover, leach line, etc. done just over a year ago! >> >> Policy coverage is for depreciated value on sails and they will only cover >> “reasonable cost of repairs actually incurred” for partial losses. Seems >> like pretty crappy coverage given what they consider ‘reasonable’ repairs. >> >> I think my loft manager needs to be a bit more descriptive in their wording >> as well. >> >> A new sail has been quoted from the loft at $2,500. Of course adding a new >> sail won’t allow me to increase the insured value of my boat either ... >> since it would not be a new equipment addition to the boat ... just a >> replacement. A little loophole I discovered earlier this fall when I asked >> about this regarding my newly rebuilt engine ... since it is not a new >> addition and most of the cost was in labour and replacing existing parts >> ... no value increase was deemed possible. >> >> OK, I’ve finished my rant! Anyone have any suggestions? >> >> Peter Fell >> Sidney, BC >> 1979 C&C 27 MkIII >> >> >> _______________________________________________ >> This List is provided by the C&C Photo Album >> http://www.cncphotoalbum.com >> CnC-List@cnc-list.com > _______________________________________________ > This List is provided by the C&C Photo Album > http://www.cncphotoalbum.com > CnC-List@cnc-list.com
_______________________________________________ This List is provided by the C&C Photo Album http://www.cncphotoalbum.com CnC-List@cnc-list.com
