Blue Water Insurance

Budgieboy

Well-Known Member
Joined
19 Mar 2012
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395
Location
Pacific 2019
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Hi
Just had my renewal come up , I am in the South Pacific , Fiji , having sailed here from sunny Brighton (I left on high tide :)) , I went from 2k in and around Colombia to here , now I am up to 4.5k ... Found another insurer and got it done at 3.2k with a 3.5k over rider . Boat is a Najad 490 1999 vintage , Next year I will be in Asia probably Thailand and at those figures I am willing to take the hit and go third party , problem is all the main insurers don't want to quote 3rd party , anyone know of any blue water insurers that do 3rd party cover ?
 
Hi
Just had my renewal come up , I am in the South Pacific , Fiji , having sailed here from sunny Brighton (I left on high tide :)) , I went from 2k in and around Colombia to here , now I am up to 4.5k ... Found another insurer and got it done at 3.2k with a 3.5k over rider . Boat is a Najad 490 1999 vintage , Next year I will be in Asia probably Thailand and at those figures I am willing to take the hit and go third party , problem is all the main insurers don't want to quote 3rd party , anyone know of any blue water insurers that do 3rd party cover ?
Pantaenis or Y Yacht Ins
 
Not sure if this is any use to you, I looked around in 2017 for 3rd party cover in the Western Caribbean. I contacted a lot of companies, MS AMLIN were the only ones to offer a believable 3rd Party quote for a 47 year old UK registered boat

Total amount Pa STG Cover

MS AMLIN £385.00 £3,000,000
Proper policy supplied, underwriter Lloyds of London, used to trade as Knox Johnson

Some of the others I contact who supplied a quote

Edward William £425.81 $300,000
The dodgy ones from Montevideo, Insurers Northern Star, check reviews on line so you know what you are getting into

Y Yacht insurance £452.65 £3,000,000
Excludes cover for Wear and tear and mechanical breakdown!!! so if your engine fails going into a marina ................

Offshore Risk Management CCR £682.87 $300,000
Wanted survey, US Broker do not say who is underwriting the risk

Offshore Risk Management CICL £507.85 $300,000
No policy info offered, US Broker do not say who is underwriting the risk
 
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