Best Boat Insurance?

JBJag27 said:
I'm not sure I could afford that, I've got 3 million quid of third party liability cover, that'd be £15 grand!
;)
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So have I but the premium incl tax is just under 0.5% of the agreed value. Although as Tranona pointed out on another thread there's not a linear relationship between premium and agreed value.
 
I have been going via Bishop Skinner for a few years, currently Crystal Wasters Policy. Started to look around and as I have a Westerly went to Navigators and General. All looked good as single handing for 24 hours covered and 30% cheaper than my current insurance. However there was a clause at the end that the boat was only insured if it was sunk/swamped/broke adrift from a recognised mooring when unattended which implied to me I could not leave the boat unattended at anchor even for 5 minutes and still be insured. Asked them to clarify and waiting to hear. My current policy does not actually state anything about mooring but if you read it in detail the boat must be seaworthy which is described as "your boat is fit to encounter the ordinary perils of the seas, rivers, lakes and any other navigable waterways and is suitably moored, crewed, equipped, fuelled and provisioned with all equipment in proper working order". Need their definitions of what suitable means in each context now. Wish I hadn't started looking as it strikes me any claim could be dismissed for the slightest reason (e.g. not having a Fray Bentos pie on board for my trip from Chichester to the IOW). In reality I suppose it will come back to what the law describes as 'reasonable' in any circumstance.
 
Yes I'd also be interested to know what some overpaid shiny seat only experience of overseas boing 747 and a poor meal / film office berk means by ' peril of the seas ' ?! :)
 
Funny thing insurance - when you're renewing, your priority is cheapness but, when/if you ever claim, your priority is how good they are.
I've had a couple of claims with GJW which were dealt with efficiency and my claim paid in full. For this reason, I stay with them as any other is of unknown quality. Their premiums don't appear unreasonable.
Other insurers are probably as good but I'll stick to the one I know. Boat insurance seems unlike car or house insurance in that they don't reward loyalty with a kick in the teeth.
 
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