450: 450f Insurance - ouch!!

[slimnrp]

Originally Posted by zboss

We pay about $2500 for a much less expensive boat so I would say you are getting a good deal and I also suspect “a suspiciously good deal”. Our boat has an agreed value clause, it might be worth comparing the actual coverages with others first before comparing the cost of that coverage. What exactly are you paying for?

It’s an agreed value @600k plus the tender and £10k of personal items.
They, Y, have a very good reputation regarding their policy wording, especially relating to defects resulting in losses.

I’ve not claimed but know of several who have and they were very easy to deal with, by all accounts.

So I think I’ll stick with them, they’ve amended the policy cover our trip from Portugal to the Canary Islands at no extra cost - so we are happy with them.

Thanks all for all the feed back and insight - very useful.

Standby for my next question re travel insurance.....

[Cruising4Christ]

For those just reading...

My 2016 L450 agreed value US$430k premium for 2% deductible 4% named storm deductible, navigation area US Florida & Caribbean, hailed for hurricane season is $7,300 June to June, but this has a 5 month layup period...

Enjoy