Yacht Insurance USA

[BrianReynolds]

Hi
We have our boat on the East coast of America.
Because of heavy losses our insurance company (Topsail) has stopped USA insurance. Do forumites have any recommendations or advice. Can we use a USA company? Can we just get third party insurance.
Thank you for any advice.

Brian Reynolds
INGA

 

[Stingo]

I've heard this only applies to boats that require named storm coverage.

 

[BobnLesley]

I don't about 'new' clients, but having had comprehensive with Pantaenius from the Med to the Caribbean we changed to a Third Party Policy and have been on that ever since (USA/back to the Caribbean/Pacific).

If you're looking at Policies written in the USA, be aware that they won't cover you if you want to visit Cuba, you'll need to buy local insurance in addition; the same applies to any health insurance policies.

 

[BrianReynolds]

Hi BobnLesley
Thx for you reply. We have been to Cuba so do not need that part. Can I get the name of your Third Party insurer? I am aware that USA insurers need to be certified to insure foreign flagged vessels.

Brian Reynolds
INGA

 

[BobnLesley]

Hi BobnLesley
Thx for you reply...the name of your Third Party insurer?

Obviously not clear, we're still with Pantaenius but with a TP rather than comprehensive policy

 

[BrianReynolds]

Hi All
An update
Admiral Marine has insured me for the east coast of the USA, after a survey and rigging report.
Brian
INGA

 

[Smiles and Whispers]

Try Tow Boat US, tel no 800-283-2883 you need to call them if you have GB paperwork. We are UK boat insured with them. No cuba coverage. Anywhere in US at any time. Helpful on phone little long winded with questions.

 

[c.buck]

Hi
We have our boat on the East coast of America.
Because of heavy losses our insurance company (Topsail) has stopped USA insurance. Do forumites have any recommendations or advice. Can we use a USA company? Can we just get third party insurance.
Thank you for any advice.

Brian Reynolds
INGA

I heard that this was only for hurricane coverage... eitherway, I think you've got to look passed the normal players in the market. I bought a policy through compare yacht insurance .com a couple of months back, and am happy with my level of cover, the price I paid and the lack of hassle that it was.

 

[c.buck]

Did you have any luck with this Brian? Here is a good article I found...

https://tinyurl.com/s8x9woh