2013 insurance renewal up 27%

[Tranona]

My annual premium is 5% of boat vale.

What's yours?

Typical premiums in UK are between 0.5 and 1% depending on value of boat. Low value boats the %age is higher because third party cover is a larger proportion of the premium and is not directly proportional to boat value. Premium also depends on where you moor, area of coverage, extent of cover and claims record of the owner. It is quite possible for high value boats, kept in secure location with limited cruising range and an owner with a clear claims record to pay a premium much lower than 0.5%.

Expect your premium reflects the higher risk and higher cost of dealing with claims in your area.

 

[MrCramp]

http://www.yyachtinsurance.com/OurUnderwriters.cfm

Another happy customer, nice people to deal with.

 

[cloud7]

on the basis of recommendations a saving of £205 was made , thanks to all.

 

[Bosun Higgs]

Just got my insurance renewal , no claims , 20 years experience , up 27 % , any recommendations for quotes , time appreciated.

Shop around. Mine is the same this year as the previous 4 years.

 

[sailorman]

on the basis of recommendations a saving of £205 was made , thanks to all.

Who did you go with

 

[sailorman]

Shop around. Mine is the same this year as the previous 4 years.

mine considerably less than last year with the same insurer

 

[Bobc]

My annual premium is 5% of boat vale.

What's yours?

0.32%

 

[charles_reed]

Mine's 0.6% - but that covers Atlantic W Approaches and Med, single-handing for up to one night (and 2 days) and £3.5K personal effects. £300 excess (£75 on dinghy and OB).
It would be easy to halve that by taking out the Personal effects, area back to Brest-Elbe and taking out the single-handing.

 

[cloud7]

Who did you go with

two quotes almost the same bishop skinner and yy yachts , £205 cheaper than my current guys

 

[Ex-SolentBoy]

Shop around. Mine is the same this year as the previous 4 years.

Mine goes down every year.

 

[sailorman]

two quotes almost the same bishop skinner and yy yachts , £205 cheaper than my current guys

YY posibly will not req a survey, worth checking

 

[chrisgee]

Just got my insurance renewal , no claims , 20 years experience , up 27 % , any recommendations for quotes , time appreciated.

Just renewed with Admiral again. Up up about 5% but gave me free legal cover so actually no increase at all! And great people to deal with - what more do I need.