Boat Insurance

Cork Rib · 08 March 2004, 22:03

That time of year again......the insurance man cometh.
Anybody got boat insurance at a good rate. Last year left it too late to look round and the few I did get varied by hundreds of pounds / Euros

Jon

Aging Youth · 09 March 2004, 07:37

Hi Jon,

I am with Mardon Insurance Brokers 0117 934 2111.

For my 5.3m Humber with Third Party Liabiltiy + Water ski (2 & 1 million). I pay £220.00 per year. Total value of boat + Kit £8500.

Regards

Kevin AKA

tim griffin · 09 March 2004, 07:47

try www.pimsic.com very good saved me £200
Tim
www.griffmarineservices.co.uk

robin · 09 March 2004, 08:43

Hi, i have used www.craftinsure.com for the last few years and found the premiums very competetive. You can do all of the proposal online, pay monthly etc etc. I have never had to make a claim though and that is really the acid test.

MeMe · 09 March 2004, 08:55

be one of the leading U.K brokers. I've used them for several years without a hitch. Very competitive.

Cookee · 09 March 2004, 08:57

Call my mate Richard Armitage at Unicover - they insure everything 01903 877177

Matt · 09 March 2004, 08:59

Quote:

Originally posted by Cookee
Call my mate Richard Armitage at Unicover - they insure everything 01903 877177

They might, but they wanted the earth to insure my formula.

I found Porthcawl to be the cheapest by a lot

Richard B · 09 March 2004, 10:45

Careful with Craftinsure if you've got a fast boat...

50mph (43kts) maximum.

Do a search as this has come up loads of times before.

I use Colin Curtis & Partners 01752 664649

PIC (Porthcawl) were a tad cheaper but Colin Curtis were v helpful with customised policy.

Matt · 09 March 2004, 10:53

I visited craftinsure at the boatshow. 50mph is an absolute limit, they will not negotiate. They also assume that boat owners all over estimate their boat speed and therefore don't really want to insure a true 50mph boat.

I also visited craftinsure's underwriters and they were very honest in stating they are mostly interested in big slow gin palace type stuff.

Richard B · 09 March 2004, 10:59

But still OK for smaller RIBs - they quote quite competitively for boats that meet their criteria. As with all policies, check the Ts and Cs as there are a lot of exclusions! ('specially anchoring and mooring).

Steve Care · 09 March 2004, 11:13

When insuring your boat do you insure personal affects or use your home contents insurance.

Richard B · 09 March 2004, 11:24

Dunno, Steve.

I think you've got very little chance of your belongings being covered. The boat insurance covers the hull&fittings, engine, aux engine and electronics (GPS & VHF etc) detailed on the policy, nothing more. I guess that if your home insurance covers camera, sports clothes etc for sporting activities then that's a bonus.

Our Norwich Union annual travel insurance covers ourselves, though. As long as we don't set foot on a sailing yacht.

Steve Care · 09 March 2004, 11:32

Richard B

Just asked your broker for a quote so will let you know how I get on. They seem helpful.

Bilge Rat · 09 March 2004, 11:44

I'm currently with Mardon who seen ok though i still have an outstanding accident claim from last year, they need to be prompted to do anything and although they have now paid out fully they seem very slow at chasing my excess from the third party and i'm having to do this myself via a solicitor supplied by them even though i'm fully comp !!!!
Acid test of any insurer is when you need to make a claim !!!

R

Headhunter · 09 March 2004, 12:16

Is this a pathological dislike of sailing yachts or a serious insurance exclusion?

John

Richard B · 09 March 2004, 12:29

No, I like sailing!

But the insurance company seems to think putting to sea in a little RIB with a big engine is a far safer bet than an ol' rag & stick jobbie!

Nasher · 09 March 2004, 14:59

I recently spent a lot of time phoning round for insurance when I upgraded to a bigger RIB, I settled on Mardon not only because of cost, but because my existing insurers had changed their policy so that even when wheel clamped I could not leave it unattended at say a motorway services. Basically the boat needed to be attended at all times unless clamped and locked behind a barrier.

Nasher.

Steve Care · 09 March 2004, 15:03

I've just been quoted £397.45 for my new Avon 620 thats inc skiing and donut pulling total value £20,500 sounds quite alot but how does it compare

swginn · 09 March 2004, 15:58

Quick question on the subject, Can English insurance companies insure boats moored and used in Ireland? Also does anyone know of any good Irish Marine insurance companies?

steedthrust · 09 March 2004, 18:55

Quote:

I've just been quoted £397.45 for my new Avon 620 thats inc skiing and donut pulling total value £20,500 sounds quite alot but how does it compare

My Ring 650 including towable toys came in at £391.02 so similar to mine. But it seems dear compared to 'aging youths' £220.