Am I insured or not?

[Skylark]

I absolutely understand your point of principle @Irish Rover but I fear your grave stone will read “he was dead right”

No one likes insurance companies and we never know how good they are until we need them.

Good luck with resolving it to your satisfaction.

 

[Irish Rover]

but if they have alternative cover at same rate then unless you have say some religious objection to new insurers I am struggling to see what loss has arisen

As of now I haven't been offered alternative cover by them.

when there are good alternatives, there's no reason to insist on a bad deal.

Quite so but at the moment there are no good alternatives on the table.

 

[Bouba]

I wonder if these underwriters have caused the OP to unwittingly commit fraud ?….for example, does the government require you to have insurance ? …does the port ? Have you told these people you are covered when you are not ?
Also, what if there is a backdated claim against you…someone thinks that scratch I just discovered must have been caused by my neighbor when he moved his boat last month….or someone checks old security footage. Is it like motoring where the uninsured is the guilty party (do they still do that ?)

 

[Irish Rover]

I wonder if these underwriters have caused the OP to unwittingly commit fraud ?….for example, does the government require you to have insurance ? …does the port ? Have you told these people you are covered when you are not ?
Also, what if there is a backdated claim against you…someone thinks that scratch I just discovered must have been caused by my neighbor when he moved his boat last month….or someone checks old security footage. Is it like motoring where the uninsured is the guilty party (do they still do that ?)

I hope you haven't your Turkish translator out now, ready to grass me up.

 

[servus]

My heart ist absolutely with you, @Irish Rover.
My experience tells me that if the guys already now play hard-to-get they will leave you out in the cold in case of any claim.
Now you have the pain of finding a new insurer.
No comparison to the horror of having to fight for your money in case of damage.

Drop them like the girl who gives you a snappy answer, when you offer her a glass of muscadel....

 

[Irish Rover]

Drop them like the girl who gives you a snappy answer, when you offer her a glass of muscadel....

 

[oldharry]

Are you Insured? Simple answer: No. Whatever you paid, whatever is in writing, the Inusrers have now refused cover. The argument is not whether you are insured but why they signed you up and took your money for a contract that could not/ would not be fulfilled.

Sounds to me its the broker at fault for failing to check that cover could /would be provided before tsaking your money

 

[ashtead]

Get your money back, find another decent broker and if you can be bothered pursue your claim for compensation for the stress and inconvenience. If you want to do more spend time on social media telling of the poor service . In reality I suspect your brokers renewed didn’t know of change in territories coverage when it offered renewal terms so more a case of poor admin than anything .

 

[Irish Rover]

Are you Insured? Simple answer: No. Whatever you paid, whatever is in writing, the Inusrers have now refused cover. The argument is not whether you are insured but why they signed you up and took your money for a contract that could not/ would not be fulfilled.

I don't think the insurers have actually refused cover. They've used terms like invalid, etc - but the reality is I have a policy paid and issued, and if they are entitled to do so, they would issue formal notice of cancellation. Initially they thought an apologetic phone call would get them off the hook but it didn't and I think they're now struggling to find a legally enforceable out.

 

[Bouba]

I don't think the insurers have actually refused cover. They've used terms like invalid, etc - but the reality is I have a policy paid and issued, and if they are entitled to do so, they would issue formal notice of cancellation. Initially they thought an apologetic phone call would get them off the hook but it didn't and I think they're now struggling to find a legally enforceable out.

But you are not insured at this moment….an earthquake followed by a tsunami is entirely possible

 

[Irish Rover]

But you are not insured at this moment….an earthquake followed by a tsunami is entirely possible

But I am insured. I have no concerns in that regard.

 

[Bouba]

But I am insured. I have no concerns in that regard.

If you are asking for our barrack lawyer legal advice …then you probably aren’t that sure

 

[Irish Rover]

If you are asking for our barrack lawyer legal advice …then you probably aren’t that sure

Read my OP.

 

[ylop]

I don't think the insurers have actually refused cover. They've used terms like invalid, etc - but the reality is I have a policy paid and issued, and if they are entitled to do so, they would issue formal notice of cancellation. Initially they thought an apologetic phone call would get them off the hook but it didn't and I think they're now struggling to find a legally enforceable out.

I admire your position. It’s likely one I would take if it were a 40 yr old wayfarer. Personally I wouldn’t want the risk of lightning strike, electrical fault causing fire etc. I couldn’t afford to take the risk with a boat that is presumably well into six figures. Even if absolutely certain I was in the right and that the courts would back me, I would be worried that a company (or its sister) that makes these sort of mistakes will be hell to deal with if I need to make a claim.

 

[Irish Rover]

I admire your position. It’s likely one I would take if it were a 40 yr old wayfarer. Personally I wouldn’t want the risk of lightning strike, electrical fault causing fire etc. I couldn’t afford to take the risk with a boat that is presumably well into six figures. Even if absolutely certain I was in the right and that the courts would back me, I would be worried that a company (or its sister) that makes these sort of mistakes will be hell to deal with if I need to make a claim.

I'll name the 3 sisters when I've sorted this issue and I'd be very confident a good number of YBW posters have their insurance with one or other of them.

 

[penberth3]

Read my OP.

I just did. They made a mistake, they told you they'd made a mistake. Simple as that, isn't it?

 

[Bouba]

Read my OP.

What sort of lawyer would I be if I did that

 

[Irish Rover]

I just did. They made a mistake, they told you they'd made a mistake. Simple as that, isn't it?

Well, I suppose it is, yes. So are you saying that's enough to enable them to legally walk away from our contract?

 

[Fr J Hackett]

I am not at all sure that as of this moment you are insured, up to the point that the underwriters told you that they were unable to cover you I think they would have been obliged to cover any losses incurred by you and you could have almost certainly enforced your claim in civil law. However as they have now told you they cannot honour the commitment and you have clearly made no attempt to obtain alternative cover then I think they could say that as long as they are in the process of refunding you you are not insured by them.
There is particularly in the Motor Boat forum an expert on these matters who would almost certainly give you a qualified answer.

 

[Irish Rover]

I am not at all sure that as of this moment you are insured,

As per my OP, my current policy is valid until the middle of next week so that's not at issue. So the issue is the new policy which hasn't yet come into force yet.
I accept the insurers made a mistake but, on the other hand, it's entirely within their competence to rectify it having one of the sister companies issue the policy.