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Progressive Ins. WTF? !! Beware.

PARADOX

PARADOX

Founding Member
Just got a "nonrenewal" Notice from Progresive.
States;
>>> You will not recieve an offer to renew because:
The structural hull design or propulsion system of the 2008 Avanti 33 is not acceptable in our Boat program. Therefore, insurance coverage on this policy cannot continue.<<<
WTF? They been insuring me for years.
Anyone got a similar letter?
This is pretty f'ked up.
What's going on?
Any info? or attorneys around?
GGGGRRRRRRRRrrrrrrrrr
:cuss:
 
When I first got on with State Farm they cancelled me after a few weeks - ****ty thing was that the cancellation became effective at midnight on July 3rd...

Needless to say they don't have ANY of my insurance business now.
 
PARADOX said:
Just got a "nonrenewal" Notice from Progresive.
States;
>>> You will not recieve an offer to renew because:
The structural hull design or propulsion system of the 2008 Avanti 33 is not acceptable in our Boat program. Therefore, insurance coverage on this policy cannot continue.<<<
WTF? They been insuring me for years.
Anyone got a similar letter?
This is pretty f'ked up.
What's going on?
Any info? or attorneys around?
GGGGRRRRRRRRrrrrrrrrr
:cuss:
Click to expand...

A friend of mine got the same leter on his Apache acouple weeks ago
 
Progressive.......I'd consider that a blessing. It's not like they would pay a claim if you had one anyway!!!! :cuss:
 
An insurance carrier can non-renew your policy if they choose! I have been in the P&C business for over 24 years and it happens. Like someone else said sounds like they are getting out of the high performance market.
 
Florida law has ristrictions and guidlines for insurance. Pretty strict.

They can cancel insurance for ceartain reasons but not for a BS excuse they just put in writing. Ergo.. attorney inquiry.
IE: "structual design" and "propulsion system" did not change with my boat. (see first post)
Now.. If I made modification to the hull or increased HP on the motors, they may have an excuse.
 
PARADOX said:
Florida law has ristrictions and guidlines for insurance. Pretty strict.

They can cancel insurance for ceartain reasons but not for a BS excuse they just put in writing. Ergo.. attorney inquiry.
IE: "structual design" and "propulsion system" did not change with my boat. (see first post)
Now.. If I made modification to the hull or increased HP on the motors, they may have an excuse.
Click to expand...


Peter,
That is incorrect. If they determine you are a risk they don't want to take, they have that right. I'm not saying Progressive is fair, just that they have done nothing illegal.
 
Peter,
Progressive does not insure anything with over 500hp single, 1000hp twin, and nothing over 75mph. It's written in my policy. I don't think you qualify. I'm surprised they wrote your policy in the first place. I just renewed mine.
 
I insure my 1990 Cigarette Bullet with Robert Luellen and Worldwide Marine. I am very happy with them.

I tried to use State Farm, but as soon as I said "Cigarette" they showed me the door! :eek:



Robert Luellen – Marine Underwriter/Producer. Bob is a 15 year insurance veteran, and has been in the marine industry for over 20 years. Bob is the founder of Worldwide Marine Underwriters.
 
CigDaze said:
Peter,
Progressive does not insure anything with over 500hp single, 1000hp twin, and nothing over 75mph. It's written in my policy. I don't think you qualify. I'm surprised they wrote your policy in the first place. I just renewed mine.
Click to expand...

You'r right, but the HP rating they look at is at the propshaft. Merc's 525 is less then 500 at the prop. I was all good untill two days ago.
I had a claim when my old Avanti flipped. After a lot of BS they paid a good part of the agreed amount. (I should have had it a lot higher, I got screwed, but who knew the fraking boat will flip on the highway)
If they give me a boot for prev. claim. etc. fine. I just hate the BS excuse they came up with. And actually earlier this spring my rate went down about $90+-. Go figure.
 
Doesn't matter. 525 is what's stamped on it and that's all they see or hear.
And in all reality, from what I've seen it's more like 540hp.

"...propulsion system of the 2008 Avanti 33 is not acceptable in our Boat program..."
Hate to say it, but that's not really a BS excuse...it's simply outside of their guidelines. Seems to me that the mistake occurred when they mistakenly wrote the policy in the first place. Look at it as a blessing in disguise, because if something were to have happened, you'd be sht out of luck when the adjuster were to glance at that 525 number emblazoned on the engines.

:)
 
PARADOX said:
Florida law has ristrictions and guidlines for insurance. Pretty strict.

They can cancel insurance for ceartain reasons but not for a BS excuse they just put in writing. Ergo.. attorney inquiry.
IE: "structual design" and "propulsion system" did not change with my boat. (see first post)
Now.. If I made modification to the hull or increased HP on the motors, they may have an excuse.
Click to expand...
You said they Non-renewed you in your first post. Big difference in cancelling and non-renewing. Non renewal means they are honoring your current term but do not want to offer you another.

Good luck finding a new carrier!
 
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