My insurance is with Boat US, and my rates did not go up. Since I sail on Lake Michigan and not in coastal areas or waters, I speculate that location may have something to do with it. We don't have hurricanes here. I also speculate that the hurricanes which have destroyed so many boats are mostly the blame for the increases in insurance rates, deductibles, etc. About the only thing one can do is shop around.

Something similar happened to me with regard to our home. Home insurance leaped up because we do not live near a fire hydrant or fire station. I complained and then shopped around.


Glenn Gambel
Wind N Spirits
C&C 36 (1981)

------ Original Message ------
From: "ALAN BERGEN via CnC-List" <cnc-list@cnc-list.com>
To: "C&C" <cnc-list@cnc-list.com>
Cc: "ALAN BERGEN" <trya...@alumni.usc.edu>
Sent: 2/3/2018 7:12:14 PM
Subject: Re: Stus-List insurance

If your deductible is zero, that means that your deductible has gone from whatever you had it, to zero without increasing your premium for the zero deductible. In other words, you had no claims in the past four years, and your deductible has gone down twenty-five percent per year over those four years. I had a claim, last year, and I didn't have to pay a deductible. It started out as a four percent deductible, and it went down when I had no claims for four years or more. I had the same question as you, until they explained it to me. My insurance is due to renew in April, and the deductible will probably go back to four percent, plus whatever the new rates have increased to.

Alan Bergen
35 Mk III Thirsty
Rose City YC
Portland, OR

Alan


On Sat, Feb 3, 2018 at 3:26 PM, Matthew Wolford via CnC-List <cnc-list@cnc-list.com> wrote:
Agreed.  I suspect we’re paying for hurricane damage.

Sent from my iPhone

On Feb 3, 2018, at 3:50 PM, ahycrace ahycrace via CnC-List <cnc-list@cnc-list.com> wrote:

Hello all

Well I just got my insurance bill from boat US and it went up 238$ a pretty big increase. I called to ask why and they said it was nothing on my end rates just went up. I am wondering if everybody else got raised as well? I tried to increase my deductible which is zero, to say 4% or so to lower my rates. They said they can't do that because they have a automatic lowering of the deductible over time and once it reaches zero it must stay there. Sounds like they just want to keep the bill up! 1100$ for 40k, might have to start shopping, any feedback?



Gary K "Liberty" 1976 38' MKll

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