And you lot think the mobos are careless

Elessar

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Extract from a letter from Y insurance explaining premium increase (discussed on the mobo forum where it hasn't been edited for max wind up value :) )


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I make no secret of the fact that claims in the Mediterranean have continued to rise at an alarming rate.
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Motor boat claims in the Mediterranean are less substantial than sailing boat claims.
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Another reason for high claims comes from sailing yachts racing. We are no longer covering those seriously racing, and those who have local club racing agreed on their Certificates will have an additional 10% added to their premium.
 
I nearly fell over when I saw how much you MOBO boys are paying for your insurance. I guess you can do a lot more damage at 25kts than you can at 5kts.
 
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