Go Back  The Hull Truth - Boating and Fishing Forum > BOATING FORUMS > The Boating Forum
Reload this Page >

Gallagher Charter Lakes Insurance Reviews [2019 Version]

Notices
Like Tree13Likes

Gallagher Charter Lakes Insurance Reviews [2019 Version]

Old 05-02-2019, 12:57 PM
  #1  
Admirals Club Admiral's Club Member
Thread Starter
 
Join Date: Mar 2017
Posts: 124
Default Gallagher Charter Lakes Insurance Reviews [2019 Version]

Does anyone here use Charter Lakes for insurance? I've been a Geico/BOATUS customer the last 2-3 years but was referred to Charter Lakes by some fellow Sportsman owners.

Charter Lakes came back significantly cheaper for insurance than BoatUS with similar/better coverage limits? What's the word on them? Difficult to get in touch with, slow on paying out claims, or overall amazing?

Thanks!

cgm387 is offline  
Old 05-02-2019, 01:04 PM
  #2  
Senior Member
 
Join Date: Mar 2011
Location: MA
Posts: 1,508
Default

They are an agent, not a carrier. You need to find out what carrier they are quoting you on and then you can compare how they pay out claims. That being said, they seem to work with a number of good marine insurance companies and as far as agents go, they are responsive.
JupSC, Chpsk8 and cgm387 like this.
NorthShore44 is offline  
Old 05-02-2019, 01:20 PM
  #3  
Admirals Club Admiral's Club Member
Thread Starter
 
Join Date: Mar 2017
Posts: 124
Default

Originally Posted by NorthShore44 View Post
They are an agent, not a carrier. You need to find out what carrier they are quoting you on and then you can compare how they pay out claims. That being said, they seem to work with a number of good marine insurance companies and as far as agents go, they are responsive.
Thank you for the info - I reviewed my quote and it appears that the carrier is National Specialty Insurance Company, Inc.,

I've never heard of them... hmmm
cgm387 is offline  
Old 05-02-2019, 01:26 PM
  #4  
Admirals Club Admiral's Club Member
 
Join Date: Aug 2017
Posts: 194
Default

I went thru Charter Lakes. Travelers wrote the policy. I haven’t had to make a claim, but Travelers online portal is pretty good!
kgearhart is offline  
Old 05-02-2019, 01:29 PM
  #5  
Admirals Club Admiral's Club Member
 
Join Date: Dec 2008
Location: Texas
Posts: 5,400
Default

Have had Charter lakes for many years, travelers wrote my policy also. Had one claim on lower unit, super easy and fast.
BCPD199 likes this.
Jeepman is offline  
Old 05-02-2019, 01:33 PM
  #6  
Admirals Club Admiral's Club Member
 
Join Date: Jan 2012
Location: Jupiter, FL
Posts: 88
Default

The agreed value GCL quoted me was 30% less than sea insure. The $250 increase in premium made the decision easy for me to switch.
Salty Gator4 is offline  
Old 05-02-2019, 01:34 PM
  #7  
Admirals Club Admiral's Club Member
Thread Starter
 
Join Date: Mar 2017
Posts: 124
Default

Originally Posted by Jeepman View Post
Have had Charter lakes for many years, travelers wrote my policy also. Had one claim on lower unit, super easy and fast.
So when you made the claim, did you go through Charter Lakes or did you have to reach out to Travelers?

Thanks for the info guys
cgm387 is offline  
Old 05-02-2019, 01:41 PM
  #8  
Senior Member
 
Join Date: Dec 2014
Location: 70605
Posts: 2,161
Default

Originally Posted by cgm387 View Post
Thank you for the info - I reviewed my quote and it appears that the carrier is National Specialty Insurance Company, Inc.,

I've never heard of them... hmmm
The National Specialty Insurance Company is a specialty insurer, focused on commercial insurance products. The company has been in business for more than 40 years and includes the National Specialty Insurance Company and several subsidiaries, operating under the combined name of the State National Companies.

Charter Lakes is a Managing General Agency that has contracts with multiple carriers. Claims are in house and typically handled well for the industry as a whole.
cgm387 likes this.
Kenner 23 is online now  
Old 05-02-2019, 01:41 PM
  #9  
Admirals Club Admiral's Club Member
 
Join Date: Dec 2008
Location: Texas
Posts: 5,400
Default

Originally Posted by cgm387 View Post
So when you made the claim, did you go through Charter Lakes or did you have to reach out to Travelers?

Thanks for the info guys
Do not recall, been six or so years ago. Whoever it was, it was easy. And they made a second repair that I did not know about that was found after apart. They approved, paid for and made the repairs without me even knowing until picked boat up without costing me more.
cgm387 likes this.
Jeepman is offline  
Old 05-02-2019, 01:45 PM
  #10  
Admirals Club Admiral's Club Member
 
Join Date: Jun 2006
Location: Palm Coast, FL
Posts: 966
Default

Originally Posted by Jeepman View Post
Have had Charter lakes for many years, travelers wrote my policy also. Had one claim on lower unit, super easy and fast.
X2 here, with the exception that luckily I've never had a claim.
cgm387 likes this.
BCPD199 is offline  
Old 05-02-2019, 01:54 PM
  #11  
Admirals Club Admiral's Club Member
Thread Starter
 
Join Date: Mar 2017
Posts: 124
Default

Originally Posted by Kenner 23 View Post
The National Specialty Insurance Company is a specialty insurer, focused on commercial insurance products. The company has been in business for more than 40 years and includes the National Specialty Insurance Company and several subsidiaries, operating under the combined name of the State National Companies.

Charter Lakes is a Managing General Agency that has contracts with multiple carriers. Claims are in house and typically handled well for the industry as a whole.
How long have you used Charter Lakes?
cgm387 is offline  
Old 05-02-2019, 01:56 PM
  #12  
Senior Member
 
Join Date: Feb 2008
Location: Panama City
Posts: 1,054
Default

Good company....I use them!
AHL_1901 and cgm387 like this.
jko2004 is offline  
Old 05-02-2019, 02:03 PM
  #13  
Admirals Club Admiral's Club Member
 
Join Date: Mar 2006
Location: Seabrook, TX
Posts: 1,139
Default

Originally Posted by Jeepman View Post
Have had Charter lakes for many years, travelers wrote my policy also. Had one claim on lower unit, s. uper easy and fast.
Have you renewed this year ? Everyone I’ve spoke too said they’ve gotten a 20 percent rate increase. Guess I’ll cross that bridge next month.

Last edited by Kenner21; 05-02-2019 at 02:08 PM.
Kenner21 is online now  
Old 05-02-2019, 02:45 PM
  #14  
Senior Member
 
Join Date: Nov 2006
Location: Kent Island, MD
Posts: 2,040
Default

Originally Posted by Kenner21 View Post


Have you renewed this year ? Everyone I’ve spoke too said they’ve gotten a 20 percent rate increase. Guess I’ll cross that bridge next month.
Sounds pretty much accurate. I just sent in my renewal yesterday and it was 19%. Mine is with Markel American.
mikie is offline  
Old 05-02-2019, 02:56 PM
  #15  
Admirals Club Admiral's Club Member
 
csy man's Avatar
 
Join Date: Sep 2015
Location: Fort Lauderdale
Posts: 1,111
Default

Been using Charter Lakes for a couple of years, happy with them, but I am running Charters: Commercial boat, not sure about pleasure
only coverage, but will find out when I close the business down in a year or two.
csy man is offline  
Old 05-02-2019, 02:59 PM
  #16  
Admirals Club Admiral's Club Member
 
Join Date: Feb 2016
Location: NSB, FL
Posts: 410
Default

I have used Charter for the past 4 years and made a claim on a lower unit, process was quick and no hassle
swaddict is offline  
Old 05-02-2019, 03:09 PM
  #17  
Senior Member
 
Join Date: Dec 2013
Location: Northeast
Posts: 514
Default

Very professional and efficient. I worked with them for the first time this year. I ended up saving over $400 from my premium last year.
tboylan is offline  
Old 05-02-2019, 03:10 PM
  #18  
Admirals Club Admiral's Club Member
 
Join Date: May 2012
Location: South, FL
Posts: 7,335
Default

You will find most people are happy with CL as an agent. I used them for years. I am currently between boats but will use them again. XL wrote my policy.
AHL_1901 likes this.
Leeroyjenkins is offline  
Old 05-02-2019, 03:21 PM
  #19  
Senior MemberCaptains Club Member
 
Join Date: Mar 2003
Location: United States
Posts: 9,203
Default

I have been very happy with Charter Lakes. I left Travelers for them. Saved $400+ per year.

No claims luckily.
captbone is offline  
Old 05-02-2019, 03:48 PM
  #20  
Senior Member
 
Join Date: Oct 2017
Location: Newburyport, MA
Posts: 609
Default

I went with them last year. Their price was significantly less than Gieco and Progressive. I haven't filed a claim yet so I can't tell you about their performance on processing claims.
Toothpick 10 is offline  

Thread Tools
Search this Thread