GypsmJim
Well-Known Member
- Aug 8, 2018
- 1,173
- Boat Info
- '19 SPX 190 OB, 150 & 5 Mercs
'17 Whaler 150 Montauk
'15 Yamaha FXHO
'60 Mulray Dinghy
'52 Lyman 15'
- Engines
- Mercury 150 4-stroke
72 Outboards representing 12 manufacturers
I have 3 cars, 4 boats and 2 houses. All are insured. Back in 1968 I had a car broken into and they stole my radio. OK, no problem. Two years later it happened again and my rates went up. MY problem for parking in the ghetto. Other than that I have NO claims. They took my premiums and they never had to pay me back again. For those single incidents they raised my rates. Eventually it came back down again.NJ had Sandy, maybe we should restrict anything other than Liability there?
Or how about if the government sets up a new agency, with czar to see if they could manage recreational boat ownership?
Don't they see, how all these people who love boating is making it such a mess?
Sorry, couldn't resist a bit of tongue in cheek...
You should be able to have liability AND damage insurance. Just charge a rate that makes sense. And if the inevitable happens, raise YOUR rates, not mine.