Insurance for NZ / OZ Marinas

[GMac]

Had a quick ask around today and The Marina Shop does get a lot of good comments. Apparently the guys name is Dave and he's also a cruiser. Being in Opua, a very common port of entry here, it's also in a handy spot.

Club Marine also gets favourable comments.

But it appears 3rd party is easy to get, is cheap and offered by almost everyone except those who specialise in weird things like tractors only (welcome to a agriculture based economy I suppose).

BS, comment abut the ICA would be worth a look not that I know anything specific but just thinking a cruiser should be very aware of other cruisers needs and depth of pocket.

[BlueSovereign]

Originally Posted by GMac

Had a quick ask around today and The Marina Shop does get a lot of good comments. Apparently the guys name is Dave and he's also a cruiser. Being in Opua, a very common port of entry here, it's also in a handy spot.

Club Marine also gets favourable comments.

But it appears 3rd party is easy to get, is cheap and offered by almost everyone except those who specialise in weird things like tractors only (welcome to a agriculture based economy I suppose).

BS, comment abut the ICA would be worth a look not that I know anything specific but just thinking a cruiser should be very aware of other cruisers needs and depth of pocket.

Gmac, I was not aware that Marina Shop was a different agent than the Hepburns (ICA Insurance).

IMHO when picking an insurance rep, it's the insurance company the broker (ICA, Marina Shop, Club Marine, M Trendall, etc.) represents. For example I know ICA's insurance company is located overseas, somewhere in Europe, and I believe Club Marine is headquartered in Oz, and M Trendall represents a company linked with Vero, a large NZ-OZ insurer.

Like any type of insurance, it's all about how good they are at "paying up", not how willing they are to "sign you up"!

[GMac]

Oh yeah BS, you're right with that one. We had a issue (OK sunk the beast) with a boat and the crowd we dealt with was fantastic. In less than 48hrs they handed over a 60K cheque and the balance followed 10 days later.

A mate had a similar issue with another company and had to fight hard to get something 4 months later.

But a good broker should shop around to get the best deal for the specific situation. My broker has us signed up with 4 different companies as each does each part of the Insurance package I need better than the others.

But then some brokers do get very good specific deals at times so would probably tend to use that company more I suppose.

And a good broker should fight hard for you if the need arises. That's what you pay them for.

Having dealt with one of the Insurance companies you list above, I wouldn't go near them with yours. But as it may just be me it's not fair to say which one I think.

[chala]

Originally Posted by donradcliffe

WOF, COC,...maybe if you switched to 120v they would let you work on your own wiring again. I hope that this trend does not spread.

Don 120V wont do.
SAA wiring rules
0.5.96 Voltage-…
(a.) Extra-low voltage- not exceeding 32 V AC or 115 V direct current.
(b.) Low voltage- exceeding extra-low voltage, but not exceeding 250 V
(c.)…
Some States intend to even check 12 V DC installations. Good old Nigel with his 144V dc system will require a license to work on his battery, 4 years to get. So beware before moving into a marina, check the condition before entering.

Originally Posted by yacht_moondust

Yes this is going to be a problem. I have to admit here that I have only read the synopsis of the requirements but from my understanding ALL boats/yachts/ships over 15m in length are required to have this seperate insurance that covers the cost of clean up if anything goes wrong. The problem for overseas yachts arriving is that if they don't know about it there may be financial burdens (fines) and no-one is allowed to enter Queensland waters without this insurance. Anecdotally overseas yachts are having problems getting an insurance company to cover to the amount required and worse local yachts who cannot get insurance because of their type of yacht (ferro yachts have major problems getting insurance) are now unable to travel Qld waters unless they get an exemption. The exemption has to be applied for but is up to the discretion of the Maritime Qld group who will take approx 14 weeks to make a decision. Try this link to read for yourself on how to meet the requirements. Ship insurance

Maybe we should open this topic in another link? Many Aussies here with problems about the stifling requirements of our waters and questions from overseas yachties.

Making a search in cruiser forum will get you the latest on insurance in OZ, the search need to be wide. Insurance is potluck. Some insure not to be insured, just to be able to get into a marina. The net thinking behind compulsory comprehensive insurance is if others damage your boat, then you are fully covered and it saves a lot of complication.

[getlostonpurpose]

I emailed the Marina Shop and got this reply quickly. Sounds great (and easy) to me. And even better that I don't have to deal with this now...I can show up and buy it there as you guys recommend! Perfect. Now I just gotta get rid of this hangover and get out of Bora Bora this afternoon.

You guys also mentioned the Island Cruising Association. I may check that out as well. It was recommended on the ssb morning net here the other morning.

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Hi Drew/ Margie

Thank you for your enquiry regarding Third Party Insurance for your
boat.
The annual premium for 12 months $5 million Third Party Liability cover
for New Zealand Inland and Coastal waters up to 100 NM with the
Underwriter, Associated Marine Insurers, is $280.00 + GST = $315.00.
The standard excess is $250.00 but increases to $5000 whilst the boat is
engaged in racing.


We hope the above information is of assistance to you.
As long as you an provide a copy of the Temporary Import Certificate you
will be GST exempt
This is the minimum type of Insurance for cover whilst in a Marina and
if you want comprehensive cover, a Marine proposal will have to be
completed before I can submit for a quote . If vessel is over 15years
you will be looking at either a condition/ report or at 20 years, an
out of water survey with some Underwriters
I will attach the proposal if you decide on comprehensive cover
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