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#2
posted to rec.boats
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NOYB,
No, do not close the deal till you have insurance. DUH! ; ) "NOYB" wrote in message ink.net... Just saw that Tropical Storm Gamma may be heading our way: http://www.nhc.noaa.gov/storm_graphi...204548W_sm.gif Will I even be able to get insurance tomorrow? I started the application with BoatUS today, and they said to call tomorrow to activate it once the deal is finalized. But that was before NOAA issued their latest report. Ironically, the bank gave me the check today without getting verification of insurance. I think they forgot. I could close on the deal tomorrow, but do I really want to if insurance won't cover the boat until after the storm passes? |
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#3
posted to rec.boats
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"Sir Rodney Smithers" Ask me about my knighthood. wrote in message ... NOYB, No, do not close the deal till you have insurance. DUH! ; ) I called them today, and at first the customer service rep said they could not write any insurance binders until Tropical Storm Gamma passes. I then spoke to underwriting, and they said that I was covered on the new boat because I already had a current policy with them on another boat. I have an application number and the name of the person I talked to underwriting. |
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#4
posted to rec.boats
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NOYB wrote:
"Sir Rodney Smithers" Ask me about my knighthood. wrote in message ... NOYB, No, do not close the deal till you have insurance. DUH! ; ) I called them today, and at first the customer service rep said they could not write any insurance binders until Tropical Storm Gamma passes. I then spoke to underwriting, and they said that I was covered on the new boat because I already had a current policy with them on another boat. I have an application number and the name of the person I talked to underwriting. My experience has taught me to NEVER take the word of someone over the phone in this sort of transaction. Said person may not even be employed by that company the day you call back, and if you you have no 'documentation' you are in for a long, drawn out, mentally draining process. |
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