Yes. 2017 BoatUS premium (now GEICO) for $1040; GEICO online quote for
substantially the same policy $523. I spoke with a GEICO rep about this today,
and she is discussing the matter with her supervisor and an underwriter, and
said she would get back to me today. Also, my years of experience did not
match between my online quote app (which reflected more years) and my policy,
so I wonder if that type of information remains static in their system based on
the original application.
From: Gary Russell via CnC-List
Sent: Monday, February 05, 2018 3:29 PM
To: C&C List
Cc: Gary Russell
Subject: Re: Stus-List Boat Insurance
Whatever the traffic will bear, I guess!
Gary
S/V Kaylarah
'90 C&C 37+
East Greenwich, RI, USA
~~~~~~~_/)~~~~~~
On Mon, Feb 5, 2018 at 3:18 PM, David via CnC-List <cnc-list@cnc-list.com>
wrote:
So let me understand this...Geico current premium is $1040 vs. an online
quote from Geico of $523...???
David F. Risch
(401) 419-4650 (cell)
------------------------------------------------------------------------------
From: CnC-List <cnc-list-boun...@cnc-list.com> on behalf of Matthew L.
Wolford via CnC-List <cnc-list@cnc-list.com>
Sent: Monday, February 5, 2018 1:44 PM
To: cnc-list@cnc-list.com
Cc: Matthew L. Wolford
Subject: Re: Stus-List Boat Insurance
I assume you saw my e-mail note over the weekend where I went through GEICO’s
on-line quote process. In my case, in 2017 I paid a $1040 annual premium
versus a $523 on-line quote for the same or better coverage (and slightly
higher hull value). All you did was remind me about the call I planned to make.
Besides, I’m not going to rat you out.
From: Frederick G Street via CnC-List
Sent: Monday, February 05, 2018 1:26 PM
To: cnc-list@cnc-list.com
Cc: Frederick G Street
Subject: Re: Stus-List Boat Insurance
Once Geico finds out I started an avalanche, they’re going to raise my rates
again…
— Fred
Fred Street -- Minneapolis
S/V Oceanis (1979 C&C Landfall 38) -- on the hard in Bayfield, WI :^(
On Feb 5, 2018, at 12:16 PM, Matthew L. Wolford via CnC-List
<cnc-list@cnc-list.com> wrote:
Well done, Fred. On the phone now.
From: Frederick G Street via CnC-List
Sent: Monday, February 05, 2018 11:51 AM
To: cnc-list@cnc-list.com
Cc: Frederick G Street
Subject: Re: Stus-List Boat Insurance
I’ve been on the phone with Geico Marine this morning, trying to get a
straight answer as to why the premium for my current policy (rolled over from
BoatUS) is nearly 50% higher than a quote I got online over the weekend with
the same deductibles and coverage.
This is on an agreed hull value of $50,000 (yes, I know that’s really high
for my boat, but I haven’t seen any reason to change it…), with 1% deductible
and $500,000 of liability; and covers sailing on the Great Lakes and
tributaries. My BoatUS premium was a little under $700.00; when it moved to
Geico it went up to $852.00. The quote I got online was for $571.00.
In my initial conversation this morning, the agent on the phone said that
my renewal coming in March was going to be less than last year; somewhere in
the $750.00 range. She said that I could go ahead and get insurance at the
online quoted rate, but I would need to get a survey done before they’d cover
me on a new policy.
After talking at length with an underwriter and reviewing my policy, the
agent just called back: my renewal in March will cost $494.00.
I guess it pays to be the squeaky wheel sometimes…
— Fred
Fred Street -- Minneapolis
S/V Oceanis (1979 C&C Landfall 38) -- on the hard in Bayfield, WI :^(
------------------------------------------------------------------------------
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_______________________________________________
Thanks everyone for supporting this list with your contributions. Each and
every one is greatly appreciated. If you want to support the list - use PayPal
to send contribution -- https://www.paypal.me/stumurray
_______________________________________________
Thanks everyone for supporting this list with your contributions. Each and
every one is greatly appreciated. If you want to support the list - use PayPal
to send contribution -- https://www.paypal.me/stumurray
