Bream Lake Topics: Boat Insurance (again)
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Updated 2/16/2011
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Name:
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Osms
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Subject:
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Boat Insurance (again)
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Date:
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2/2/2010 10:57:46 PM
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Unfortunately, I have seen insurance companies at their worst, after Katrina. I had minimal loss which was handled properly by USAA, six weeks late after 3 calls, but that's ok. Friends, neighbors, etc., were lied to, denied, threatened, and they finally sued all of the wonderful insurance giants and won, because the insurance industry decided it was cheaper to deny and fight in court rather than pay. If you have a dented fender, sure they'll fix it in a heart beat, but if you have a total loss of a house or a major injury your beloved agent or loved company won't know your name. BTW, the insurance companies that provided the best service on the coast were the smaller companies with limited exposure.
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