Insurance on non-tidal

[jecuk]

Interested in an insurance thread where you do the following. Please fill in the following:

1. Type of boat
2. Type of mooring
3. Premium as % of insured value
4. Non-tidal or non-tidal and coastal?
5. Insurance Company

Thinking this could be useful to give people an idea of what insurance should be.

 

[jecuk]

I will start:

1. Historic wooden diesel boat
2. Marina
3. 0.78%
4. Non-tidal and coastal
5. Allianz

 

[Mirror Painter]

1. 16' 6" GRP cruiser, built early 1970's.
2. Private land, gated, end of field.
3. 5% - Fully comprehensive.
4. Inland and coastal waterways of U.K. European waters for 30 days per annum!
5. Noble Marine

 

[jecuk]

One thing I would point out is that generally smaller boats will have a higher % due to the dominant factor being collision with other boats/people etc rather than loss of own vessel. I just thought % was a good way to anonymise boat value which most of us would prefer not to stick online.

 

[Mirror Painter]

Understood. Plus my boat is about as low cost as one can get afloat with and sleep aboard. If the insurance premium was not a reasonable percentage of value it wouldn't be worth any company offering the insurance!

One thing I would point out is that generally smaller boats will have a higher % due to the dominant factor being collision with other boats/people etc rather than loss of own vessel. I just thought % was a good way to anonymise boat value which most of us would prefer not to stick online.

 

[Deefor]

1. 1996 18' Mayland + OB.
2. Gated estate at home.
3. 3%
4. Non-tidal
5. Allianz via IRCM (brokers)

 

[joejo]

1. Type of boat Sealine
2. Type of mooring Marina
3. Premium as % of insured value 0.8%
4. Non-tidal or non-tidal and coastal? non tidal and to barrier + 30 days coastal
5. Insurance Company Navigators and General

 

[mlines]

1. Bayliner Bowrider
2. Trailer in marina
3. 1.7%
4. Non-Tidal and UK Coastal and UK Roads
5. Craftinsure

P.S don't believe the bit about smaller boats!

 

[Gumpy]

1: 60ft Duker barge
2: Canal offside mooring
3: 0.6%
4: non tidal and to barrier plus pre agreed coastal
5: GJW

1: 22ft freeman
2: Gt Ouse marina
3: 2.1%
4: non tidal
5: GJW

 

[oldgit]

37ft Flybridge
Medway
.75%
Tidal
Coastal and nr Continent.
SAGA

 

[miket]

Broom 38

Boat Club mooring
0.47%
Inland Policy.
Haven (previously St Margerets)
Discount for RYA Yachtmaster Offshore.

 

[jecuk]

Inland Policy.
Discount for RYA Yachtmaster Offshore.

Interesting Mike. Because you can better tell upstream from downstream? Sorry, just funny to get a discount for that on an inland only policy.

 

[No Regrets]

30ft 1975 Cruiser

Marina based

0.1% insurance premium (£300 prem, 30K agreed value)

Thames only, to Barrier

Nav&Gen

 

[Brayman]

30ft 1975 Cruiser

Marina based

0.1% insurance premium (£300 prem, 30K agreed value)

Thames only, to Barrier

Nav&Gen

Shouldn't that be 1% ?

 

[No Regrets]

quite possible

 

[apollo]

37ft 1978 Cruiser

Marina based

0.5% insurance premium

Thames only, to Barrier

Nav&Gen

 

[No Regrets]

37ft 1978 Cruiser

Marina based

0.5% insurance premium

Thames only, to Barrier

Nav&Gen

Wow!

£50 insurance premium!

 

[apollo]

Wow!

£50 insurance premium!

Er....no, 20 years no claims

 

[miket]

Boathandling and not navigation!

Interesting Mike. Because you can better tell upstream from downstream? Sorry, just funny to get a discount for that on an inland only policy.
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Hi Jecuk
I think it reflects the boathandling aspect rather than navigation. I also receive less of a loading if I extend the policy for a fixed period cross channel.

 

[Gavi]

27' 1998 steel cruiser

Own mooring

Value £28k... premium £190 = 0.68%

Inland and coastal cover