As am I. I too danced on their heads about this substantial change to coverage WITHOUT notice.
Berkeley ticked my boxes…replacement and riders available for offshore passages to Bermuda. From: CnC-List <cnc-list-boun...@cnc-list.com> On Behalf Of Bruce Whitmore via CnC-List Sent: Tuesday, November 12, 2019 1:29 PM To: cnc-list <cnc-list@cnc-list.com> Cc: Bruce Whitmore <bwhitm...@sbcglobal.net> Subject: Re: Stus-List Boat insurance...reimbursement vs. depreciated Unfortunately the changes and problems started when Boat U.S. in 2007, and was exacerbated when coverage was transferred to GEICO (as opposed to CNA which used to issue the policies). I made a VERY STRONG argument to them about a 18 months ago when I found out they had not pointed out the depreciation provision during the quoting process. This is clearly a violation of insurance ethics, as they have a DUTY to point out the shortcomings in their policy. If I got screwed by their depreciation rules, I would pursue an Errors and Omissions / Bad Faith claim against them. Yes, I am in the industry, Bruce Whitmore 1994 C&C 37/40+ "Astralis" (847) 404-5092 (mobile) bwhitm...@sbcglobal.net<mailto:bwhitm...@sbcglobal.net>
_______________________________________________ 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
