I just joined this site.I am wondering if any of you (divers) currently have equipment Ins.If so,is it thru another Dive related co., or a rider to your home owners policy,etc.?
I recently had the mis fortune losing my back up d/c in Roatan. It got unhooked when I was trying to release my Camera clip from my B/C.At the point I saw my D/C floating down,I had already taken fins off and only had 400 psi left,it had a 10 to 15’ lead on me.Needless to say,it wasn’t worth risking my life. There were 2 witness’s to the fact.The owner of the dive shop ,with my request,wrote a letter to the co. explaining what happened.I had this item in my insurance policy along with a detailed list of my other equipment. I reported the loss right away when I returned home.
To my disappointment the claim was denied.as in the "fine print".Losses from either stolen,loss from airline travel were covered.However in the event of loss from a unable to recover ,is not covered.
From this point I became very unglued,to be polite.
Here is a copy of the statement I received.
Perils Excluded
This policy does not insure against:
a. Loss or damage which is due and confined to wear and tear, inherent vice, gradual deterioration,
corrosion, insects, vermin, freezing, extremes of temperature, mechanical or electrical breakdown or
failure, unless such damage is the result of other loss covered by this policy.
b. Loss or damage caused by or resulting from delay, loss of market, loss of use, interruption of business;
c. Unexplained loss, mysterious disappearance, or shortage disclosed upon taking inventory
d. ITEMS LOST WHILE IN YOUR CARE, CUSTODY AND CONTROL – WHILE IN USE BOTH IN
AND OUT OF THE WATER, DROPPED OVERBOARD OR SWEPT OVERBOARD
What finally ended up happening.#1 They said they would not even refund my policy $$,which had just been renued before my trip.Since contacting Dan Orr directly and relaying my problem.I believe he convinced Allianz the co. that is brokered from Senn Dunn to return my premium $.I now have a list of questions to ask Insurance co’s.
It’s hard to find a "Dive" Insurance Equipment co..There are not many out there.The ones that are there have allot of exceptions or are not reasonable.
Would like to hear from the divers here..Thanks.. |