Legal Insurance option

[AllanG]

Hi,

Is it worth taking out the optional (chargeable) legal protection cover when renewing boat insurance?

Your thoughts would be most appreciated!

Cheers, Allan

 

[MrB]

Hi,

Is it worth taking out the optional (chargeable) legal protection cover when renewing boat insurance?

Your thoughts would be most appreciated!

Cheers, Allan

After reading this i think it is a "no brainer" http://www.ybw.com/forums/showthread.php?t=274619

 

[jhr]

Read the small print very carefully, in particular the bit (if it's in your policy) that excludes any contractual dispute with a value in excess of £5,000. It's amazing what they will try to claim as "contractual" when push comes to shove.

There is one insurer (I am not going to name names, but they're a major player in the legal Insurance market) who are apparently notorious amongst brokers for trying to avoid paying out under any circumstances.

Caveat emptor

 

[Assassin]

Its very much a case of reading the small print and seeing what you actually get for your money, weighing up the pro's and con's and taking it from there.