Cruisers Forum

Join CruisersForum Today

Thread Tools Rate Thread Display Modes
Old 27-02-2004, 05:21   #16
Senior Cruiser

Cruisers Forum Supporter

Join Date: Feb 2003
Location: Macatawa Michigan
Boat: Amanda Faye 61' Custom Irwin aftcockpit ketch
Posts: 1,414
Images: 106
My coverage is for the Great Lakes. I'm sure it will cost more when I leave the lakes this summer. But I will worry about that then.

irwinsailor is offline   Reply With Quote
Old 27-02-2004, 08:07   #17
Registered User

Join Date: May 2003
Location: Caribbean
Boat: 2004 Manta 42 - Perseverance
Posts: 303

After reviewing quotes from 4 different companies, we finally decided on the Jackline Policy from IMIS. Coverage area includes coastal Maine to Texas plus the Bahamas and Turks and Caicos. We have a 1% deductible, and the total cost (incl. personal property, personal liability, medical, etc.) is .96%. Best part is we only have to be out of the hurricane box (anywhere north of Florida) from July 1 to Oct. 31.

Harriet is offline   Reply With Quote
Old 28-02-2004, 08:56   #18
Registered User
Sonosailor's Avatar

Join Date: Mar 2003
Location: Fredericton, NB, Canada in the summer and fall; Caribbean in winter and spring aboard Cat Tales.
Boat: FP Tobago 35 (and a H-21 SE)
Posts: 533
Images: 8
My 1996 Tobago is covered for Atlantic Canada, within 150 miles of land and all inland waters, by St. Pauls, for an annual fee of less than .5% of it's value. I can take it to the Caribbean Sea for ~0.9% of its value, but cannot be there within the hurricane season from June 1 to November 30. They have just verified that they will allow me to go to the Caribbean via Bermuda, with a short layover.

As a result of some hard negotiation by another boater, they will now allow boats to remain in Grenada during the hurricane season. Apparently the last hurricane to hit Grenada was in the 1930s.

I guess I should go look up the deductible for this post. I recall that there is a special large deductible for damage by a "named" storm system.

I understand St. Pauls is a large underwriter. The Toronto branch is affiliated with the Canadian Yachting Association, and I think with the Canadian Power and Sail Squadron.
Sonosailor is offline   Reply With Quote
Old 29-02-2004, 03:58   #19
Now on the Dark Side: Stink Potter.
CSY Man's Avatar

Cruisers Forum Supporter

Join Date: Aug 2003
Location: Ft. Lauderdale
Boat: 2016 Glacier Bay 2770
Posts: 3,112
Images: 114
I pay about 2.5 % of the agreed value of the vessel.

The reason for the high premium is probably the age of the boat, 26 years, and the year around Florida, Bahamas coverage, including named storms and all.

The new company I went with is Boat US...Their quote was about in the ballpark, after the huge increases we have seen in Florida insurance over the last year.
Several companies pulled out of Florida, the remaining ones jacked up the rates 200 and 300 %.
CSY Man is offline   Reply With Quote
Old 01-06-2004, 16:12   #20
Registered User

Join Date: Jun 2004
Location: Seattle WA
Posts: 6
Images: 9
I currently pay progressive .86% of the boats value at 1% deductible. At $1,161 per year, I find this to be high. I am currently sailing in Puget Sound but will be leaving US in a couple of years.
My boat is 26 years old but in better than new condition.
I recently contacted Blue Water Insurance and Jack Martin Associates in Florida but both are higher than what I am paying.
They have the ability to cover me down the coast to Mexico but outside this area, will have to switch to a company in London.
I agree with most of you, might have to forgo the insurance while cruising.

Freya 39
S/V Oriana
Freya39Oriana is offline   Reply With Quote

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Health Insurance ? irwinsailor Dollars & Cents 111 03-02-2010 10:55
Medical Insurance FreedomSeekers Dollars & Cents 12 09-05-2006 09:25
Insurance for a circumnavigation Gisle Dollars & Cents 3 29-04-2006 10:19
Hurricane Frances next ... GordMay Atlantic & the Caribbean 14 07-09-2004 01:48
Personal effects insurance. tenknots Dollars & Cents 0 16-04-2003 00:18

Our Communities

Our communities encompass many different hobbies and interests, but each one is built on friendly, intelligent membership.

» More about our Communities

Automotive Communities

Our Automotive communities encompass many different makes and models. From U.S. domestics to European Saloons.

» More about our Automotive Communities

Marine Communities

Our Marine websites focus on Cruising and Sailing Vessels, including forums and the largest cruising Wiki project on the web today.

» More about our Marine Communities

Copyright 2002-2015 Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 16:50.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.