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Default Yacht insurance

You must have told them your company wouldn't reinsure you... Otherwise they
would have held the lower rate because your old company wasn't licensed to
carry your policy in the new location.

That isn't a refusal, that is simply that they can't legally do it.

"Vito" wrote in message
...
wrote
.... if one company boots you, you may
find it difficult or impossible to find insurance elsewhere.


Tell me about it! When I moved from the hi-rate LA area to VA my auto
insurer informed me that they couldn't renew my policy because they were

not
licensed to sell insurance in VA. So I started calling local agents, only

to
find that I'd have to pay 10X what I had been paying for full coverage and
that only provided minimum liability! Why? Because my current ensurer had
refused to reinsure me! I finally found reasonable rates at a national
company (Geico), but that's the exception. The rest were like sharks in a
feeding frenze - "Wow, a safe driver we can stick it to!"




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Vito
 
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Default Yacht insurance

wrote in message
ink.net...
You must have told them your company wouldn't reinsure you...


Nope, I know a little something having been a licensed agent in Ca. They all
asked why I was shopping. I told them that I was new to the state and that
my current insurer couldn't do business there. Trouble is the vast majority
of people in the insurance business have the brains and morality of a shark.

For example, when a man clobbered my near-new Caddie his insurer quickly
agreed to pay to fix my car but when I asked where they'd prefer I rented a
car while that was happening I was told "That's not our policy". I replied
"Fine, I'll rent a Caddie from Hertz and sue your client." they had a change
of heart. Then they tried to badger me into accepting a rent-a-wreck instead
of a comparable car, only relenting when I mentioned my lawyer. Worst of
all most "insurance" people see nothing dishonest about their behavior,
proving something I guess.

And then there's Allstate ....


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