bfernald0
Well-Known Member
- May 18, 2020
- 407
- Boat Info
- 340 Sundancer 2001
- Engines
- 8.2L Mercruiser ECT Horizons
All:
I'm presently fighting with Progressive over a prop strike on a 340 Sundancer that broke the propeller shaft. They now twice denied the claim. As a lawyer, I plan to sue them out of principal. I will be updating this thread with pictures, etc. Through this process, however, I have come to learn from multiple folks in the know, in the marine industry that Progressive is the WORST insurer out there in terms of refusing to pay on claims. I had to sign up with a new insurer at the last minute after I purchased a boat with length over my last insurer's limit. My broker recommended Progressive, because it didn't require a survey and could be placed very quickly. What I should have realized was that this undoubtedly means that Progressive does its 'underwriting' at the claims stage. In other words, they're happy to place a policy without a survey and collect the premium, but good luck when it comes to getting a claim paid.
In any event, I'll be updating this with pictures and the back and forth. In addition to fighting with Progressive, I'm cancelling my policy with them and moving it to another insurer--that requires a survey up front.
Do not get suckered by the low up front premium and no survey requirement. If you have a claim, Progressive will fight it tooth and nail.
Brandon
I'm presently fighting with Progressive over a prop strike on a 340 Sundancer that broke the propeller shaft. They now twice denied the claim. As a lawyer, I plan to sue them out of principal. I will be updating this thread with pictures, etc. Through this process, however, I have come to learn from multiple folks in the know, in the marine industry that Progressive is the WORST insurer out there in terms of refusing to pay on claims. I had to sign up with a new insurer at the last minute after I purchased a boat with length over my last insurer's limit. My broker recommended Progressive, because it didn't require a survey and could be placed very quickly. What I should have realized was that this undoubtedly means that Progressive does its 'underwriting' at the claims stage. In other words, they're happy to place a policy without a survey and collect the premium, but good luck when it comes to getting a claim paid.
In any event, I'll be updating this with pictures and the back and forth. In addition to fighting with Progressive, I'm cancelling my policy with them and moving it to another insurer--that requires a survey up front.
Do not get suckered by the low up front premium and no survey requirement. If you have a claim, Progressive will fight it tooth and nail.
Brandon
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