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Sir Rodney Smithers
 
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Default A followup to the new boat post

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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NOYB
 
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Default A followup to the new boat post


"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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DownTime
 
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Default A followup to the new boat post

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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