Best Comprehensive Insurance for 30 Year-Old Jeanneau 27 Sailing Cruiser?

[willfrancis]

Buying a 30 year-old sailing cruiser in great condition but with lots of original parts (engine, maybe even standing rigging!). Never owned a boat before so shopping round for insurance. Not looking for the cheapest but the one that'll best cover a boat like this to give me peace of mind.

Anyone have any suggestions or good experiences to share? Thanks in advance

 

[Tranona]

Buying a 30 year-old sailing cruiser in great condition but with lots of original parts (engine, maybe even standing rigging!). Never owned a boat before so shopping round for insurance. Not looking for the cheapest but the one that'll best cover a boat like this to give me peace of mind.

Anyone have any suggestions or good experiences to share? Thanks in advance

Y insurance is recommended by many. However, there is a wide range of reputable insurers and the best thing is to go on line by Googling Yacht insurance and get a range of quotes and conditions. If you are insuring for the first time with a newly acquired boat most will ask for a survey to support the value you are insuring. Read the small print in the policies as there are differences between insurers.

 

[[70521]]

Get quotes from all the companies, Sage might bring tears to your eyes, and pick the one you feel happiest with. Expect them to ask for your purchase survey.

 

[alahol2]

I've used Traffords for the last several years. They have remained competitive and are willing to talk and accommodate particular requirements. So far as I can see the terms don't have some of the problem clauses mentioned on here. Never had to claim from them so can't comment on that aspect.

 

[charles_reed]

On a fairly low-value boat I think you'll find them all much of a muchness. You'll also be dealing with brokers who are churning out a standardised policy.

Y yachting appear intent on on building their client base and their principal is highly experienced in yacht insurance. In every case I'd look for who the real insurers are and choose one backed by a specialist marine house. Yachtmaster might also be worth approaching.

 

[Alfie168]

I've personally found Saga very reasonable and were very good when I had a claim, except when I first insured they demanded a survey,and when I sent it to them they said I didn't need one as my boat was not of high value. You just need to get plenty of quotes and read the small print and any special conditions they apply. If you have had a survey then that will probably be sufficient .

Tim

 

[John 32i]

http://www.yachtlineinsurance.com/ are probably the cheapest....don't know if they are the best !

 

[Alfie168]

Just a quick update on Saga as I've got my renewal papers today. In spite of a claim totalling about £1600 last year the renewal quote is £7 lower than last years premium.

I'm amazed and delighted as I had expected some kind of knock on the price.

Tim

 

[awol]

One hurdle for first time boat insurers is to understand that boat insurance is not analogous to car insurance. Instead of "comprehensive" it is "All Risks" with exclusions or "Insured Risks" which defines what is covered and usually with more exclusions. Buying on price only may not provide what you expect and very careful reading of the Ts & Cs is essential. Previous threads cover some of the pitfalls - losses following machinery breakdown, slow ingress of water, "regular" inspection, consequential losses - some of which a reasonable person might expect to be covered.

 

[Easticks28]

On a fairly low-value boat I think you'll find them all much of a muchness. You'll also be dealing with brokers who are churning out a standardised policy.

Y yachting appear intent on on building their client base and their principal is highly experienced in yacht insurance. In every case I'd look for who the real insurers are and choose one backed by a specialist marine house. Yachtmaster might also be worth approaching.

I'm with them, very nice people to deal with. My boat (on the Norfolk Broads) is insured for £17k, and they only required a Yard condition report. Underwriters are a Lloyds of London group.