a new customer of the Dry Stack has just bought an Avon 5.8 with a Yamaha 115 4- stroke for £19,950 and has insured it with Towergat Marden for £267 (no water skiing). PM if you want exact details, but hope this helps.
Noble Marine, very competitive and great support, I pay just under £200 for my 6m with 10 years no claims.
Used Towergate on a catamaran one, after two month injured my arm and sold it, cancelled the policy and got no money back at all, every other insurer I've ever used has credited me for the remainder of the policy, I even asked Towergate if they could credit me as I knew I was buying a RIB, but no, lost about £300.
You want to decide whether you insure "market" value or "agreed" value.
This makes can make big difference in premiums so comparing what others are getting can be difficult.
I insure with an "agreed" value insurance as i like the idea that I'm going to be fully covered should I need to claim. I hate the idea of haggling with insurance companies and then having to agree a value that was always going to be less than I thought.
I insure though Porthcawl insurance and it costs me from memory £280/year for £25000 worth of cover. I have 4 years NCB which translates to 25% discount
We have a Navigators and General policy, which includes waterskiers and is upgraded to include toys (excluded from their default policy, though amusingly they were still adamant that this does not include airborne toys. As if we were about to start a parascending business with a 3.9m RIB!). But we got it at "mates' rates" so I don't know what the usual cost is.
Breawatch
Hullabaloo
