Hagerty discontinues classic boat insurance
Posted: Mon Mar 21, 2022 9:36 am
I recently got a letter from Hagerty advising they are not going to renew the insurance on my 1938 Deluxe Runabout because Hagerty has decided to "discontinue the Classic Boat Program." Hagerty is switching to the Markel American Insurance Company as their new underwriter, and I should await a letter from Markel for a new policy, maybe. I say maybe because the letter states Markel will require credit reports or information from a "third party" before offering a policy. The letter further states that I have the right to refuse them access my credit reports if I choose, but that if I do I will be denied coverage. This is a hassle for me because I've had all three credit bureaus lock down my credit reports years ago for security reasons To allow anyone access I'd need sent the bureaus letters specifically granting Markel access. If I remember, there is a fee involved, too.
Questions: Anybody else getting a letter like this? If I want to switch to a different insurance company, who is recommended by CCABC members? Would a survey be involved, and how much might that cost for a 17' Deluxe Runabout?
Questions: Anybody else getting a letter like this? If I want to switch to a different insurance company, who is recommended by CCABC members? Would a survey be involved, and how much might that cost for a 17' Deluxe Runabout?