Winnipesaukee Forum - View Single Post - Boat Insurance-ACV vs. Agreed Value

Donzi Minx · 05-29-2021, 09:33 AM

I had the same experience. Loved Boat US, I am still a member but, I had only one "grave yard" claim with them some 15 years ago, seamless. Enter Geico. My premium increased, and on this years renewal, without any correspondence or conversation, decreased the agreed upon hull value by $1,500. When I called them on the change it was as if the agent I was speaking to had cue cards for the boiler plate response. It was take it or leave it!

Long story short, goodbye Geico, hello Chubb, agreed upon hull value as when purchased, and lower seasonal premium.

Happy and Safe Memorial Day Weekend to all. For those who served thank you for providing the freedoms that I enjoy.

05-29-2021, 09:33 AM	#7
Donzi Minx Senior Member Join Date: Dec 2007 Location: Melrose, Mass. Posts: 189 Thanks: 0 Thanked 183 Times in 52 Posts	Agreed Hull Value I had the same experience. Loved Boat US, I am still a member but, I had only one "grave yard" claim with them some 15 years ago, seamless. Enter Geico. My premium increased, and on this years renewal, without any correspondence or conversation, decreased the agreed upon hull value by $1,500. When I called them on the change it was as if the agent I was speaking to had cue cards for the boiler plate response. It was take it or leave it! Long story short, goodbye Geico, hello Chubb, agreed upon hull value as when purchased, and lower seasonal premium. Happy and Safe Memorial Day Weekend to all. For those who served thank you for providing the freedoms that I enjoy.