Short Wave Sportfishing wrote in
:

On Fri, 29 Oct 2004 13:20:32 GMT, akheel
wrote:

First, let me say, given my current experince I wouldn't recommend
BoatUS insurance. I have the so called Yacht policy which is there
"better" policy, and it and their serice sucks. I had a better deal
at the Auto Club before, who are not "marine experts." I switched to
BoatUS (which I will abreviate hereon as "BS") because it was cheaper
and now I see the error of my ways.

~~ snippage ~~

1 - Get a new mechanic.

2 - They have the right to "depreciate" parts at their discretion.
Their point about putting you in a better position than when the
accident happened is a valid view point. In particular with the
"trashed"/"Whoops, not trashed" deal. You think they are going to
trust the mechanic? Or you?

They absolutely have the right to depreciate, that's not the problem. The
amount of depreciation is not at their discretion, its the amount of actual
depreciation, which in this context, simply means the percent used of the
total useful life of the part in question. They can estimate the
depreciation based on age, and if I accept that fine. If I don't, they
have to investigate, perhaps inspect, and determine the actual amount of
depreciation. That's all I want, because I think in my particular case,
the depreciation estimate they made, based on a chart they have, is very in
accurate.


3 - Of all the marine insurance companies I've heard about or
discussed with others, BoatUS is probably one of the best. One of the
all time losers is Progressive (two cases of which I have personal
knowledge).

I can only say I had a claim with under an Auto Club policy I had, and they
were much easier to deal with. Bear in mind, we're talking about a little
18 foot I/O runabout. Things might be different if I was insuring an
actual yacht with hundreds of thousands of dollars at stake. Maybe it pays
to go with marine experts in those cases, but when it comes to relatively
cheap weekend recreational boats I've had better luck with my local auto
policy companies.