Originally Posted by pwilliams
Had a minor mishap last week. The transmission
linkage let go and we bumped another boat in our marina.
Word on the dock
is that submitting an insurance claim to cover any damages will black list us when it comes time to go offshore
Does anyone have any experience with this? How would one minor claim make it hard to get world wide coverage for us down the road?
FYI, before submitting the claim, my insurance rep said it may cost me my "new guy" discount, about $100 on my $1200/year policy.
I really don't think a transmission problem will cost you your insurance. These things happen. I know a guy who let his headsail blow out because he had a continuous line furler
and didn't secure it well enough before a storm. His insurance company didn't cancel him (of course, they didn't know that several people warned him and he ignored it ...)
That said, it will probably raise your rates. You described it as a "bump." If the damage isn't extensive, and it wouldn't cost that much more than your deductible, I personally think having a clean insurance record
is a valuable thing. I've had a sailboat for 4 1/2 years. I guarantee you things happened, but they weren't bad and I'd rather have a clean record