[PUP] Voyaging and insurance at home, unexpected consequences

[Alan Wagner]

Not to get "lawyerly" with you, but -- despite the common perception by most
people, a great number of times what your believe is "your" agent, is
actually the agent of the insurance company, so telling him/her is telling
the insurance company.  only if you went to a true independent agent is the
agent "yours."

alan

Alan Wagner
Tampa, Florida
envious with every post I read from you!!
----- Original Message ----- 
From: "Scott Bulger" <scottebulger at gmail.com>
To: <passagemaking-under-power at lists.samurai.com>
Sent: Friday, July 13, 2007 1:13 AM
Subject: [PUP] Voyaging and insurance at home, unexpected consequences


> Anytime you get an email from your house/auto/boat insurance company
> that starts out:
>
> Dear Mr. Bulger, Upon review of your account we can no longer offer
> coverage on your blah blah blah.  The reason?  "Because you will no
> longer be living in the state".
>
> I guess I didn't give a lot of thought to the issue because I have
> sold the house a car and fully intend to sell the remaining truck
> prior to leaving in mid August.  It just caught me by surprise that:
>
> a. They (the insurance company) made the determination I was leaving
> the state and took this action with no interaction with me.  I wasn't
> called, asked for details or departure plans, simply told that on
> these dates my coverage would cease.
> b. They are canceling my boat (31 Camano currently for sale), House
> (sold, closes on the 19th) and cars (sold one today, selling the truck
> in a few weeks).
> c. The only way the insurance company could have come to this
> conclusion is based on conversations I had with my agent, where I
> loosely described our plans.
>
> Again, for me this isn't an issue, at least not a big issue.  But, had
> I hoped to keep a car and garage it with a family member, or had the
> house sale not been complete, I would have been in a world of hurt.  I
> would have gone ahead and left with the house on the market and a
> family member having power of attorney to sign any house sale or
> closing documentation.
>
> In summary, those of you planning on departing for extended cruises,
> be very careful about your assumptions about assets left behind,
> especially if there is an insurance company involved.
>
> Scott Bulger, Alanui, N40II, Seattle WA
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