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>


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