Simi
Active member
Try Assist insurance services seem to be a good broker have had no probs only had increases when increased size and value of the boat
I've been with them for at least 22 years, well that's my no claims bonus period, probably longer. It's through Fastnet Marine Insurance in Southampton. Good broker.I haven’t seen anyone mention Navigators & General, recommended by the Broom Owners Club (the marque I’ve just sold) and Haines Marine (who are currently building the replacement). Anybody have experience of N&G?
Crafinsure is more like 4 hours than 4 weeks. Or was the delay due to getting prices etc?Freinds of mine had a problem with lobster pot line Nav And General were the insurer sorted and paid within 4 weeks
Oh dear, bit nasty ..... I also had the Y letter stating 5% increase ... when we worked it out it was actually about 7.5%, much the same as last year. I don't know where this 20% increase this year and last year came from. Is it a forum myth or exaggeration or has anyone actually had these increase demands? I've tried getting some other quotes - a French one quoted £300 more than Y and 2 UK ones said they couldn't insure a French registered boat! Y have insured 3 French registered boats for me to date with no problems. I'll keep checking others anyway, just in case!Is that the letter that states an average 5% increase, when everyone who reports on here has at least a 20% increase, in many cases on top of a prior year 20% increase ? He can stuff his letter. Whereas when he started out on his own and was keen for everyone's business, all raved about him, now he is established we can all go hang. I for one will not be returning.
The main increases was for yachts specifically sailing the eastern Med, and it was the result of 2 years of underwriting losses as a result mainly of Lightning strikes.Oh dear, bit nasty ..... I also had the Y letter stating 5% increase ... when we worked it out it was actually about 7.5%, much the same as last year. I don't know where this 20% increase this year and last year came from. Is it a forum myth or exaggeration or has anyone actually had these increase demands? I've tried getting some other quotes - a French one quoted £300 more than Y and 2 UK ones said they couldn't insure a French registered boat! Y have insured 3 French registered boats for me to date with no problems. I'll keep checking others anyway, just in case!
My increase last November with Y was in excess of 20%. No claims made in over 30 years.Oh dear, bit nasty ..... I also had the Y letter stating 5% increase ... when we worked it out it was actually about 7.5%, much the same as last year. I don't know where this 20% increase this year and last year came from. Is it a forum myth or exaggeration or has anyone actually had these increase demands? I've tried getting some other quotes - a French one quoted £300 more than Y and 2 UK ones said they couldn't insure a French registered boat! Y have insured 3 French registered boats for me to date with no problems. I'll keep checking others anyway, just in case!
Well that's cheered me up ... I might stick with my 7.5% and reinsure with them after all ....My increase last November with Y was in excess of 20%. No claims made in over 30 years.
Oh dear, bit nasty ..... I also had the Y letter stating 5% increase ... when we worked it out it was actually about 7.5%, much the same as last year. I don't know where this 20% increase this year and last year came from. Is it a forum myth or exaggeration or has anyone actually had these increase demands? I've tried getting some other quotes - a French one quoted £300 more than Y and 2 UK ones said they couldn't insure a French registered boat! Y have insured 3 French registered boats for me to date with no problems. I'll keep checking others anyway, just in case!
My quote came through today, 15% on top of the 20+% last year. Plymouth based, no claims for 39+ years. I told them I was now marina based at the beginning of the year, they conveniently forgot to offer me the 10% marina discount until I reminded them. Not overly impressed. I will be shopping around.Me too, Just received the letter claiming about 5%.
Actual increase 20%... & i'm not in the Med or Caribbean and I don't race.
Not impressed!
Anything written by Zurich is the Nav and Gen contract. Just take note that this supposed "Agreed Value" insurance - is not - its more of a market value policy - they say that they can also replace a written off yacht with "any similar boat". They of course say that this is to give them a get out from a very overvalued "agreed Value". However, in my mind this is a disgraceful wording - and it really is down to them to do the proper underwriting of a boat - which mean understanding it svalue, and why cruisning people will always palce a much higher value: Viz - Added arch and solar panels, Black water tanks Extra Batteries 100m Chain, replace fridge totally if a Westerly - Thats £5-6K if you get some one else to fit that fridge and all the other equipment you added. I would also argue that Market Value - an extreme uncertainty - is in many cases under insuring - you just need to take the simple example of the loss if the whole rig on an Oceanlord for instance - complete will all sails and running rigging.I got my renewal through from Topsail (Y policy) and decided to shop around. I either stay with Topsail or I have a cheaper quote from Pantaenius and even cheaper quote from Craftinsure. Initial glance over the policies doesnt show them being too different so I'm tempted to go with the cheaper option. People with craftinsure (underwritten by Zurich), are you happy? Boat is in Spain. Thanks