Insurance renewal costs

[MeMe]

Hi Chaps,

I've just received my insurance renewal notice for £10,000 at £233.70 from Mardon Insurance Brokers. Sounds ok to me but have you guys any experience with other brokers who, are competitive. Names and tel No's would be great !!

[Jono Garton]

Hi graeme

call steve @ pic on 01656 784866

mention my name, if you do a course with me then your insurance will be even cheaper.

Dont mention you've got a place on the warren, he will double it and add 50% everyone knows people on the warren (chesire by the Sea) have to much money.

[Charles]

Interesting letter just received from my insurers, Colin Curtis and Partners, Plymouth 01752 664649, regarding a premium hike for all marine insurance. Basically there have been more claims in the last 2 years than in any other period. This has forced a substantial number of smaller insurers out of business.
Ring them and see what they can offer.

[MeMe]

Thanks to Jono and Charles. I will call both numbers. Charles, intrestingly you comments were echoed by my broker. They advised that Marine insurance used to be a pretty claim free area however, in the past 2/3 trs they have seen a large upsurge in claims. My premium has risen 20%. I'll let the forum know how I get on.

[MeMe]

Jono, Steve undercut my present insurer by £6.00 which is better than a kick up the bum. However, as I'm sure you'd agree it's better the devil you know so I'll stick with this one unless PIC come back with something all together better. Thanks anyway.

[Ian]

Intermarine is the one I use and quote of £525 for £25k just received. Best get PB2/Adv as this seems to reduce premiums as does if you have a BSAC qualification for boat handling or the BWSF SBDA.

[Richard B]

Mine's £328 with Colin Curtis - It was the best quote I got, recommended by Charles, and they were able to customise the cover to my requirements (12 months in commission and Brest to Elbe cruising). They are also use reputable underwriters. PIC were also very close - quoted £348.

Haven't visited either Brest or Elbe yet

[whitingiom]

PIC v good and service brilliant.

Both of mine are £150 each.

Jon

[Jono Garton]

Hi Guys

I like pic because your actually a person, however with mardon just another policy number.

Steve, who owns PIC, is a member of the Portcawl Lifeboat and he also races Zapcats and knows what hes talking about when it comes to RIBs. But then you could phone Mardon because the lady at the other end sounds nice.

Your Choice.

[Garygee]

WOW

Am I in for a shock next year ??

I am currently paying about £220 for £38000 worth of cover

Has this hige gone on recenly as I last insured at Easter this year

Oh mine is with Mardon for UK waters & Ireland only.

Regards Gary

[Paul Glatzel]

Whilst I agree that having level 2/ICC can reduce your policy cost do be very careful about the wording of the policy. I saw a policy a while back that expected anyone that helmed the boat to have level 2, potentially this meant that when a friend helmed under your supervision then technically the boat may not have been insured.

Ideally the policy should give you the discount but the stipulation be that the person helming must be competant (rather than qualified) therefore giving you a bit more freedom

Paul

[bobdyer77]

both my ribs are insured with Craftinsure (online) who underwrite for Navigators & General. I recently took £12,500 for £18 a month

[The Jackeens]

Ditto,

Craftinsure was the cheapest for me. about 20% less than PIC or Mardon.


Paul