msjston
New Member
I am thinking about buying a 30 year old boat that is for sale in Greece - can anyone advise on where I can get decent insurance to cover it while it is laid up ashore and what cost should I expect to pay? Many thanks.
insurance for greece
- Thread starter msjston
- Start date
vyv_cox
Well-Known Member
As far as I know any UK insurer will cover it. I am with HKJ and pay slightly more than the basic premium for cover throughout the Mediterranean. You may well need a survey before you can obtain cover. For a guideline price there are many on-line quotes available - Google 'yacht insurance quote online'.
paulingreece
Well-Known Member
Hi, we insure through Traffords, found them to be very good so far, but as already stated, most UK yacht insurers do this, a case of shopping around and finding what suits you best.
macd
Well-Known Member
What you'll pay depends on how long it's on the hard: if for a full year or close to it, then the premium will reflect this; if just for, say, the winter, then you'd normally expect to pay much the same as everyone else (depending on insured value, obviously).
For what it's worth I'm with Bishop Skinner (Bluefin). Been very happy with them for the past 10 years.
Norman_E
Well-Known Member
I am insured by Bishop Skinner (Bluefin) on an RYA/RNLI members policy which covers the boat for the Med up to 35 degrees east, which is further east in Turkey that you probably ever want to go unless you decide to do the EMYR rally. (which I believe they will cover if asked) They have actually never asked me for a survey, so I think you will have no trouble getting cover from them.
P.S. I had an advert from SAGA for their boat insurance and filled in a quote form only to be told that they don't insure boats in the Med!
P.S. I had an advert from SAGA for their boat insurance and filled in a quote form only to be told that they don't insure boats in the Med!
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Tranona
Well-Known Member
Although in theory most UK insurers will insure for Greece - like others I use Bishop Skinner, you may find them reluctant to take on an older boat if you do not have a good record of previous insurance. Third party is likely to be less of a problem and you need that in Greece to be legal and your insurer will give you a Greek translation of the certificate if you ask. All risks may be more difficult and they may well ask for a survey, particularly if it is a boat they are not familiar with.
Retired in Crete
Well-Known Member
I am insured with Yachtline. (http://www.yachtline.co.uk/)
Fully comp, no survey, Certificate in both English and Greek (without asking) and cheaper than any boat insurance I had in the UK.
You can get an instant on-line quote to compare prices
John
PS No connection etc.
Fully comp, no survey, Certificate in both English and Greek (without asking) and cheaper than any boat insurance I had in the UK.
You can get an instant on-line quote to compare prices
John
PS No connection etc.
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charles_reed
Well-Known Member
Depends on the boat value.
I'd expect 0.5-1% of total sum insured if over £55K and between 1.0-1.5% of <£25K.
Most will ask you for a survey (for valuation purposes) which will cost about £450.
If you haven't a record with them of previous (non-claiming) insurance expect about half to decline your proposal.
Retired in Crete
Well-Known Member
I do wonder if you are making a general comment, rather than replying to my post because:
Please check the link before commenting! No survey is mentioned on the on-line quote form. Valuation is covered by "purchase price".
No previous record with them! Just tick box "No claims within past 5 years"!
I now feel almost as though I am pushing this co, which I did not intend to do, but if you had checked the link you would have known that your comments do not apply. Although, of course, they may apply to other companies.
John
Please check the link before commenting! No survey is mentioned on the on-line quote form. Valuation is covered by "purchase price".
No previous record with them! Just tick box "No claims within past 5 years"!
I now feel almost as though I am pushing this co, which I did not intend to do, but if you had checked the link you would have known that your comments do not apply. Although, of course, they may apply to other companies.
John
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charles_reed
Well-Known Member
One of the few and of the 50% who are prepared to take a risk.
I wonder what their record of paying out might be? It's unfortunate that one never knows how good your insurers are until it's too late and you're trying to claim.
Comments stand!!
Melody
Well-Known Member
We also use Bishop Skinner. No survey was asked for, although we have them, just the purchase price. No previous history with them and I don't recall being asked anything apart from whether we had claimed on any insurance in the past 5 years or something like that. They provide a free Greek translation of the policy.
You can get much cheaper insurance through Greek insurance companies but we had some problems when we made a claim for one boat so we're sticking to BS now. There is a German insurance company whose name I forget who are also very popular here. Maybe someone else knows it?
You can get much cheaper insurance through Greek insurance companies but we had some problems when we made a claim for one boat so we're sticking to BS now. There is a German insurance company whose name I forget who are also very popular here. Maybe someone else knows it?
