Ski Safe Insurance is a RIP-OFF Beware Don't honor policy, charge premium without paying claims Lake Success, New YorkNationwide

When you apply for coverage with SkiSafe they ask you to estimate the value of your boat and trailer.  I did this and it was accepted by them.  It is a 1994 Bayliner - total value of the boat is $6k with the tower, stereo, etc. maybe more.  I split it with the trailer being $2k and the boat being $4k.  I received a policy stating they had accepted these amounts and this is the amount that I was charged for premium (the beware part).

I had a fire on my trailer and the axle, both wheels, brakes and tires had to be replaced and the cost was $2100.  After providing all kinds of pictures and information.  I was told my trailer was worth $410 and not even enough to cover the deductible.  BUT I was charged for the $2k estimate.

So, SkiSafe is bilking thousands of people out of  premium dollars which they don't find out about unless they  make a claim and they come back and low ball you and tell you your boat or trailer is not worth what they said they would insure it for.  So I did not get anything paid on the claim ($2k would have covered what I had to pay to get my boat back on the water).   I was not able to find a comparable trailer on the market for under $1500 (newer yes - but I can't tow the boat without a trailer) but was told the trailer was worth $410.  I have asked for an adjustment on the premium I paid.

If you read other reviews on line this is what they do.  Accept your estimate, charge you premium for it, and then tell you it isn't worth that when you file a claim.

I might as well not have insurance.