Insurance Turmoil

[Trevor_swfyc]

Following on from the previous posting regarding insurance. Have just received a renewal notice for the clubs dory from Berry Birch & Noble last year £80 this year £160. Is this increase of 100% a record? They say "At this time the insurance industry is in something of a turmoil the increase in premium whilst dramatic, is commensurate with existing uncertainties and we would recommend you accept the quotation".
I think we will be looking elsewhere.
Can you get insurance against insurance turmoil?
All the best
Trevor

 

[Guest]

"Would you recommend you accept"? Bloody cheek!

 

[Twister_Ken]

Does seem to me they should be trying to recover their losses by upping premiums of those wishing to insure tall buildings, military headquarters and passenger jets, not from those with a club launch to cover.

 

[Dave_Snelson]

Trevor,

I'm afraid you don't hold the record and maybe I don't either! What I can tell you is that Haven Knox Johnston tried upping my premiums from £150 pa to £348 but they didn't get away with it.

Have you tried Euromarine Insurance Services, I got more cover for lower premium and paid £147 inspite of the fact that I have just renewed the outboard, doubling the value of my boat. You can get them on 01843 603441. They were also very helpful.

You could also try Navigators & General (I've no number) or St. Margarets on 0800 0180012.

Good luck.

 

[Guest]

I'd be interested to hear your views on Navigators and General, as they have just been recommended to me, and I've just got a (quite reasonable-sounding) quote from them. This explains why I am lurking about in insurance threads...

Any views on their service?

 

[Dave_Snelson]

Fruitbat,

I've never used them, but I got my info from the Motorboat forum and guys there say the price is right and service is good. Ditto St. Margarets. Both of these were the subject of favourable write ups in a lengthy string on that forum. I started the string with my new quote from Euromarine.

Cheers.

 

[Guest]

Thanks for this - very useful.
My insurance cover is for farting about, sorry I meant pleasure use on The Broads ;- ), so I'm not getting hit for too much

 

[DanTribe]

Fruitbat
I was insured with Navigators[Eagle Star] for more than 20 years and found their service excellent, particularly following a large claim 10 years ago.
However, recently, following rationalisation, I got the feeling that I was dealing with a school leaver in a call centre who knew nothing about boats and cared less.
When I tried to insure my new boat, a Ufo, they said "no we don't touch them"
"Oh why not?"
"Cos it says so on my screen"
I then went to K C Powell & Ptnrs who seem to know & understand yachtsmans needs, mind you, my renewal is due soon. Ooh er!

 

[Trevor_swfyc]

Dan,

He probably thought your ufo was an unidentifiable flying object very difficult to get cover on these!.

Thanks
Trevor

 

[yoda]

Try CraftInsure who only work on the internet. My shopping around found them to be cheaper than everybody except Saga (for the experienced out there well worth a look).

Regards

Yoda

 

[LadyInBed]

Re: farting about

I've had some pleasure on a few Broads

 

[Guest]

Just tried them,

first boat, reletavily no experiance, no yachtmaster etc and still half the price from some company quotes.

I think I know who I will be using

Tim Eades
http://www.btinternet.com/~tim.eades/

 

[Guest]

If you are over a certain age try Saga.
I have racing risks, 12 months in commission, £7500 value, for £99.90. It is for inland waters.

 

[Andy]

What is there E-Mail address?

 

[chippie]

I think it is important to know what the company's payout performance is like. In the end that is what we have them for.

 

[Guest]

try heath lambert inurance brokers on 01512274321 and ask for gareth jones.

i found their premium using CNA (ie lloyds) reasonable at 0.6% of hull value, and this included full length of the med (except obvious places like the lebanon) and also single handed night sailing if I'm daft enough to do it.

more to the point, I get great confidence from ringing them up and NOT being put through to a half trained bimbo with her mind on other things. they do at least seem to know what they are on about - rare today.

 

[Guest]

Re: Saga

I dealt by phone 0800 0153 360

 

[mike_kolling]

But with CraftInsure when you read the small print of the policy itself the cover is not so good as the other ones being mentioned.
This put me off and I went for KnoxJohnston.