Insurance early warning?
 

There's been some discussion recently about what insurance has done to
aviation. It could come to boating someday.

There was just a post on the owner's forum for my boat that someone is
having trouble getting insurance in the Gulf and Florida region for a
boat more than five years old. Has anyone heard anything similar?
Any chance this is the first high cirrus clouds of approaching bad
weather?

--

Roger Long

Insurance early warning?
 

On Tue, 11 Apr 2006 15:49:43 GMT, "Roger Long"
wrote:

There was just a post on the owner's forum for my boat that someone is
having trouble getting insurance in the Gulf and Florida region for a
boat more than five years old. Has anyone heard anything similar?
Any chance this is the first high cirrus clouds of approaching bad
weather?

Getting insurance on older boats has been an issue for quite awhile
but now it is getting worse, a lot worse in places like Florida and
the Gulf Coast. It's not just boats either, houses also. Our home
insurance just doubled last week and we've had no claims. It just
happens to be a 1978 house however, built before the new FL codes went
into effect. We are on the water but 10 miles inland from the Gulf,
and about 1,000 ft in from the river.

Two years ago when we bought our 1981 GB trawler, insurance almost
broke the deal because it was so difficult to get, and that was before
the latest bunch of bad storms. We know people who have clauses in
their policy stating that the boat can not be below latitude 31
degrees during the hurricane season (roughly the South Carolina
border).

Insurance early warning?
 

Roger ,,, you have nothing to worry about. The USA Government will take
care of you. Pres Bush, the Senate, the Congress, the New Jersey State
Legislature ... you are covered.

Why? Because you are the front man on license fees. With all the money the
corrupt government is going to collect from the sheep like you, the kickback
to the insurance industry shouldn't cut into the till at all.

There will be plenty of money for everyone!

GEICO ,,, the little green lizard will say "thank you Roger" on tv.

============
"Roger Long" wrote in message
...
There's been some discussion recently about what insurance has done to
aviation. It could come to boating someday.

There was just a post on the owner's forum for my boat that someone is
having trouble getting insurance in the Gulf and Florida region for a boat
more than five years old. Has anyone heard anything similar? Any chance
this is the first high cirrus clouds of approaching bad weather?

--

Roger Long

Insurance early warning?
 

Wayne.B wrote:

Getting insurance on older boats has been an issue for quite awhile
but now it is getting worse, a lot worse in places like Florida and
the Gulf Coast. It's not just boats either, houses also. Our home
insurance just doubled last week and we've had no claims.

Why is it that no one ever suggests that it's time to bring parasitic
entities such as "insurance companies" to heel? _Long_past_time_ for
public insurance I think. Something that meets the needs of the insured
rather than the greed of the stockholders of the insurance companies.

Insurance early warning?
 

Yes. Here's what came out of the owner's forum:

It is a problem. Many of the major insurors adopted underwriting
guidelines recently, claiming they have done this to limit exposure,
presumably as a response to major hurricane losses. I wrote quite a
lot of sailboat coverage, including my own Endeavour 32, thru Safeco,
and they adopted guidelines that do not permit binding coverage on
boats over 26' in length, older boats, or wooden boats.
Unfortunately, other companies have also followed suite and finding
reasonably priced coverage has become more difficult. I am just now
getting into trying to identify companies that will write this type
coverage myself

--

Roger Long

Insurance early warning?
 

Dave wrote:
On Tue, 11 Apr 2006 13:53:44 -0400, prodigal1 said:


Why is it that no one ever suggests that it's time to bring parasitic
entities such as "insurance companies" to heel? _Long_past_time_ for
public insurance I think. Something that meets the needs of the insured
rather than the greed of the stockholders of the insurance companies.


Why is there always some genius in a group who seems to think that 1000
members of the govment employees' local union are going to do a better job
than people with a profit motive? Such economic ignorance never ceases to
astound me.


Gee Dave.. how many shares do you have in the oil companies etc.
We had this debate recently here, and although the majority of people
were convinced we'd do better under a public insurance system, the
provincial govrnment commissioned endless studies and decided that the
market was being served. I wonder if that was before or after usual
party donations were received?

Insurance early warning?
 

Sheesh! Not again. Why can't I start a thread without it turning into
another political spat?

--

Roger Long



"Don White" wrote in message
...
Dave wrote:
On Tue, 11 Apr 2006 13:53:44 -0400, prodigal1 said:


Why is it that no one ever suggests that it's time to bring
parasitic entities such as "insurance companies" to heel?
_Long_past_time_ for public insurance I think. Something that
meets the needs of the insured rather than the greed of the
stockholders of the insurance companies.


Why is there always some genius in a group who seems to think that
1000
members of the govment employees' local union are going to do a
better job
than people with a profit motive? Such economic ignorance never
ceases to
astound me.


Gee Dave.. how many shares do you have in the oil companies etc.
We had this debate recently here, and although the majority of
people were convinced we'd do better under a public insurance
system, the provincial govrnment commissioned endless studies and
decided that the market was being served. I wonder if that was
before or after usual party donations were received?

Insurance early warning?
 

"prodigal1" wrote in message
...
Wayne.B wrote:

Getting insurance on older boats has been an issue for quite awhile
but now it is getting worse, a lot worse in places like Florida and
the Gulf Coast. It's not just boats either, houses also. Our home
insurance just doubled last week and we've had no claims.

Why is it that no one ever suggests that it's time to bring parasitic
entities such as "insurance companies" to heel? _Long_past_time_ for
public insurance I think. Something that meets the needs of the insured
rather than the greed of the stockholders of the insurance companies.

Public insurance translated means government run insurance.............no
thanks.

Why are you so bitter about insurance company's? They are in the business
of making a profit for their shareholders....and adjust rates accordingly to
attain that goal. Don't like what one company charges....find another.
There are plenty to go around. Don't like the high rates you pay because
you live in hurricane alley.......then move.

We are all paying for the hurricane damage to your boats, cars and houses
with our insurance premiums and with our taxes through government subsidies
and other government spending. I for one am damn tired of doing so.

So pay up or move. Don't ask me to continue to subsidize you though.

Insurance early warning?
 

Don White wrote:

Gee Dave.. how many shares do you have in the oil companies etc.
We had this debate recently here, and although the majority of people
were convinced we'd do better under a public insurance system, the
provincial govrnment commissioned endless studies and decided that the
market was being served. I wonder if that was before or after usual
party donations were received?
Hah! Such a cynic! ;-)
I've kf'd "the Dave" but it's actually helpful that you quoted him. His
rant illustrates my point. Sheeple like "the Dave" line up to get
fleeced by "insurance" companies, and seemingly enjoy the experience so
much, they can't conceive of getting anything _but_ fleeced. Curious
how BC's Republican wannabe premier Gordon Campbell hasn't privatised
the public Insurance Corporation of BC. Why let all that profit go into
private hands when it can help pay for roads, schools and hospitals.

Insurance early warning?
 

Roger Long wrote:
Sheesh! Not again. Why can't I start a thread without it turning into
another political spat?

How can you not discuss insurance without the context of politics?
"Spat"? Debate is good. Disagreement is fine when done in an
intellectually healthy fashion. Those who engage in ad hominem populate
my killfile.