Sank my boat....

[morgro269]

I agree. Although I'm thankful I had insurance to cover m screw up, it is a gimmick. If we're required to have it, they shouldn't be allowed to cancel someone over 1 claim....

 

[Cambo]

Wow just read this Im amazed that boats don’t come with high water alarms it’s such a simple cheap electronic device. I had the rule water alarm float switch but on the new boat installed a cheap 9v powered model purchased on amazon set of three for $20

 

[Beachbummer]

Kind of crazy that we pay for insurance for things like this but HEAVEN FORBID that we ever have to use it...... CANCELED!! Total BS.

And after such a painful experience you would think the affected insured would be way more careful than anyone else over the next year, and thankful they got paid too. Would seem to me to be a better risk, but they must know something we don't, their whole point is to make money with insurance, so I'm not sure what they are thinking. Anyway, my point is, I don't get it either why they would cancel after such a payout. Seems like a good time to keep that customer.

 

[Jimmers]

Wow, sorrow to hear that. I hit something once, not as bad as you, but headed for home immediately. Anybody ever hits something, BE THE ADULT, bilge pump on, life jackets on, head for home, days over, funs done, call it quits, safety first, GO HOME and take a look at the damage on a trailer or lift. Then if not too bad you can go back out!

 

[Evil Sports]

Nice Dbag response dad.

 

[Ronnie]

I don’t love paying my insurance premiums but love having insurance. I’ve made, off memory, three claims over the last 10 years and got paid out about $21,000, $18,000 through Boat U.S. they never dropped me but after the first claim ( stolen boat and gear) which paid out $15,000 i sold a Waverunner and bought a new one, boat Us would not cover me on the new one. A few years later they invited me back. My premiums have increased over the years but so has my coverage. Currently I pay about $700 for the boat and $300 for each of two waverunners every year, Worth every penny so far. I don’t leave home towing without boat US road side assistance either. Damn I feel like Flo from the Progressive Insurance commercials.

Anyway, @morgro269 , sorry to hear about the accident, $hit happens especially on the water (that is what insurance is for), glad no one was hurt and the boat got repaired, even though it took a while.