It really depends on the type of policy. Most "boat insurance" added to
auto and homeowners policies pay claims based on "book" or depreciated value
less deductable and may not cover environmental damage or other specificaly
marine risks. "Book value" is usually way below what you would have to pay
to replace the boat. A real "yacht policy" will usually be for a stated
value less deductable and cover more marine specific risks.

--
Glenn Ashmore

I'm building a 45' cutter in strip/composite. Watch my progress (or lack
there of) at: http://www.rutuonline.com
Shameless Commercial Division: http://www.spade-anchor-us.com

"Roger Long" wrote in message
...
I'd like to know more. Was it just poor an inept servicing of the claim
or
did they try to not pay? Was it a big loss or just a ding?

Interestingly, Liberty Mutual seemed the most customer friendly and
responsive which also was part of my decision.

We'll have to switch to a marine carrier next year anyway as Nova Scotia
and
New Brunswick figure big in our plans.

--

Roger Long



"Doug Dotson" wrote in message
...
I had a friend that did the same type of thing with Allstate. Had his
car and house insured with them and just added his boat for a dirt
cheap price. Seemed like a great deal until he filed a claim.

Doug
s/v Callista

I went over all that with them. They are covering for the value on the
survey and substantially more than we paid. They will pay spill damage up
to the limits of the policy. We also carry an umbrella policy with them so,
even if their insurance is deficient, they are still on the hook for any
excess.

I think this is a deal worth looking into.

--

Roger Long



"Glenn Ashmore" wrote in message
news:JcBvd.2777$Qk5.1500@lakeread04...
It really depends on the type of policy. Most "boat insurance" added to
auto and homeowners policies pay claims based on "book" or depreciated
value
less deductable and may not cover environmental damage or other
specificaly
marine risks. "Book value" is usually way below what you would have to
pay
to replace the boat. A real "yacht policy" will usually be for a stated
value less deductable and cover more marine specific risks.

--
Glenn Ashmore

I'm building a 45' cutter in strip/composite. Watch my progress (or lack
there of) at: http://www.rutuonline.com
Shameless Commercial Division: http://www.spade-anchor-us.com

"Roger Long" wrote in message
...
I'd like to know more. Was it just poor an inept servicing of the claim
or
did they try to not pay? Was it a big loss or just a ding?

Interestingly, Liberty Mutual seemed the most customer friendly and
responsive which also was part of my decision.

We'll have to switch to a marine carrier next year anyway as Nova Scotia
and
New Brunswick figure big in our plans.

--

Roger Long



"Doug Dotson" wrote in message
...
I had a friend that did the same type of thing with Allstate. Had his
car and house insured with them and just added his boat for a dirt
cheap price. Seemed like a great deal until he filed a claim.

Doug
s/v Callista