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Old 28-09-2017, 11:20   #1
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Insurance premium jumped 18% from last year

Big jump in premium from last year. Same west coast Mexico cruising grounds.
Companies making up for hurricane loses?
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Old 28-09-2017, 11:57   #2
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Re: Insurance premium jumped 18% from last year

^^ probably not - probably would not have gotten rate increases thru yet for this seasons hurricanes.
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Old 30-09-2017, 11:55   #3
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Re: Insurance premium jumped 18% from last year

We are changing the Insurance company due we are changing flag and we found, after several inquiries, high premium allover and two broker which they refused due to the last hurricane season..
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Old 30-09-2017, 13:32   #4
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Re: Insurance premium jumped 18% from last year

Yup was in negotiation for new insurance days before IRMA. After IRMA the broker called me and said all new insurance quotes are cancelled and offered no information as to when I could get a new quote.
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Old 30-09-2017, 13:40   #5
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Re: Insurance premium jumped 18% from last year

Our insurance company won't insure boats within the hurricane zone, so we don't expect an increase.
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Old 30-09-2017, 14:28   #6
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Re: Insurance premium jumped 18% from last year

Mine went up 45% BoatUS switching to GEICO. But I got insurance for a boat that is near 40 years old.
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