Caribbean boat Insurance

[Sea Devil]

Does anyone know if comprehensive Caribbean based boat insurance is possible?
I have tried Pantaneous and Admiral...
It would appear to not be possible these days but ...?

 

[Bajansailor]

Have a look at my post in Scuttlebutt yesterday - and try contacting Insurers out here in the Caribbean.

Caribbean Insurance

 

[Sea Devil]

Thank you - perfect - grateful

 

[Sea Devil]

tried all three suggestions - but none really worked - could be working hours or covid restrictions - If anyone else knows of Caribbean Insurers I would be grateful for advice
Michael

 

[Bajansailor]

Well, it is Saturday, and I don't think that any of them work on Saturdays....... try again on Monday perhaps?

 

[Sea Devil]

Yes - maybe - I was just filling out the forms and emails which wouldn't send but I will try again next week
Thanks

 

[Bajansailor]

That is strange - I can see why nobody would be answering the phone today, but I am amazed that emails are not going.

 

[Sea Devil]

Covid... I think most of the Carib is closed down

 

[Sea Devil]

Does anyone know if comprehensive Caribbean based boat insurance is possible?
I have tried Pantaneous and Admiral...
It would appear to not be possible these days but ...?

I am still struggling with this - the only quote I have had for insuring my 2005 Beneteau 323 was from Admiral who wanted 650 for THIRD PARTY insurance. I am getting the feeling that it is impossible to get an insurance in the Caribbean but would love to be proved wrong!

 

[Smiles and Whispers]

Hi
I am insured with ORM based in Florida includes Hurricane cover. Details below, no link apart from being a customer.

Susan A. Coates sac@offshorerisk.com

Offshore Risk Management

www.offshorerisk.com Click here for Contact Information
Telephone 305-743-7711

DirectFax 408-228-8937

Alternate fax 760-875-9772

 

[Bajansailor]

I am amazed that you did not get any positive responses from the insurance companies here in Barbados - they happily insure boats here, hence I am baffled as to why they do not want to insure your Beneteau.

 

[Sea Devil]

Hi
I am insured with ORM based in Florida includes Hurricane cover. Details below, no link apart from being a customer.

Susan A. Coates sac@offshorerisk.com

Offshore Risk Management

www.offshorerisk.com Click here for Contact Information
Telephone 305-743-7711

DirectFax 408-228-8937

Alternate fax 760-875-9772

Thank you for the information - I will be in touch with them . Good of you to take the time to post this information... I am grateful

 

[Sea Devil]

I am amazed that you did not get any positive responses from the insurance companies here in Barbados - they happily insure boats here, hence I am baffled as to why they do not want to insure your Beneteau.

Yes. I get the feeling that because I used Admiral/Pantanieus it caused the Lloyds syndicate to block applications from other brokers.. Pants came up with an offer of 600 for third party only which is more than I am paying now for single handed sailing here in the English Channel - Brest to Elba.

What is not easy to find out is where exactly the problem lays.. Cruising area, Value of boat, my age, I am British but resident in France,, French address and I use a British address on advice of my present UK brokers although the boat is French based, mwhere I intend keeping her - all other items like experience, years sailing etc have to be OK...

It 'appears' that the Caribbean Islands are considered a bigger risk than the Bahamas...

 

[Bajansailor]

I know that with fishing boats here, if they are insured for more than US$100,000 then the local Insurers seek re-insurance on the London market - but your Beneteau would be worth much less than this surely?

Have you tried emailing the local Insurers here directly? I would have thought that they would love to have your business.

 

[Zing]

I know that with fishing boats here, if they are insured for more than US$100,000 then the local Insurers seek re-insurance on the London market - but your Beneteau would be worth much less than this surely?

Have you tried emailing the local Insurers here directly? I would have thought that they would love to have your business.

I tried. Got no answers.

 

[Sea Devil]

I tried. Got no answers.

Same!

 

[Sea Devil]

I know that with fishing boats here, if they are insured for more than US$100,000 then the local Insurers seek re-insurance on the London market - but your Beneteau would be worth much less than this surely?

Yes much much less

 

[Bajansailor]

This is very strange - would you and Zing like me to forward on any info to Insurers here?
I have a pretty good rapport with them.
And I am surprised to see that they wouldn't reply to you.

 

[Sea Devil]

This is very strange - would you and Zing like me to forward on any info to Insurers here?
I have a pretty good rapport with them.
And I am surprised to see that they wouldn't reply to you.

thank you - I have sent you a PM

 

[Zing]

This is very strange - would you and Zing like me to forward on any info to Insurers here?
I have a pretty good rapport with them.
And I am surprised to see that they wouldn't reply to you.

Thanks. I‘ve tried with insurers before outside my home patch and they generally aren’t interested and as I will be out of the area soon, I will have different issues.