Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 26-08-2014, 17:25   #1
Registered User

Join Date: Apr 2007
Location: St Mary's Georgia
Boat: Fountaine Pajot Antigua 37
Posts: 33
Insurance required urgently

Greetings

Just closed on an 1991 Antigua 37 in South Carolina.

I need insurance for the next year which will inlcude delivery of the yacht by a skipper from SC to Georgia (early October) and then cover whilst laid up in a boatyard for one year.

This is whilst I tidy my affairs in the UK and then come out to do some essential work before setting off cruising (eastern Seaboard of the US and the Caribbean).

Strange situation I know but the broker I have working on it at the moment hasn't come up with a number that is in my eyes sensible.

Surely I should be looking at less than 1% of boat value?

Any suggestions as to who to contact would be great as I need insurance in place when I close on the 5th of next month (September).

Surely I should be looking at a pretty low premium as the boat is only going to be a Port Risk for 48 weeks out of the next 52.

Thanks in advance

Richard
__________________

__________________
Fluffflinger is offline   Reply With Quote
Old 26-08-2014, 18:11   #2
Marine Service Provider

Join Date: Dec 2009
Location: St Augustine, FL
Boat: Woods Vardo 34 Cat
Posts: 2,834
Re: Insurance required urgently

My guess is 3k for a year.
__________________

__________________
Check out my MoJo: Facebook.com/mojomarine1
Boatguy30 is offline   Reply With Quote
Old 26-08-2014, 18:20   #3
Registered User

Join Date: Jan 2013
Posts: 129
Re: Insurance required urgently

You can get instant quotes online from some insurance companies like Progressive .
__________________
OnTour is offline   Reply With Quote
Old 26-08-2014, 18:32   #4
Registered User
 
tomfl's Avatar

Join Date: Apr 2012
Location: Florida
Boat: Seawind 1000xl
Posts: 1,959
Images: 10
Re: Insurance required urgently

Insurance costs cover a wide range. You will get a little break because you are North of Florida but without knowing specifics of the coverage it is hard to estimate the costs. One percent may be a little low for what I will call basic coverage but if you are willing to cut corners you can lower the price.
__________________
tomfl is offline   Reply With Quote
Old 26-08-2014, 18:45   #5
Registered User
 
oldragbaggers's Avatar

Join Date: Oct 2012
Location: Wherever the boat is
Boat: Cape Dory 33
Posts: 1,019
Re: Insurance required urgently

$3K???!!!!!

We just purchased a very good liability and small amount of hull insurance on our Cape Dory 33 for around $350 for the year from Boat U.S. What kind of insurance are you trying to purchase?? You're saying only port risk, and not hull insurance?? Why would it be so much?
__________________
Southbound on the ICW

https://share.delorme.com/SVAnteris
oldragbaggers is offline   Reply With Quote
Old 26-08-2014, 18:55   #6
smj
Registered User

Join Date: Nov 2007
Boat: Searunner 38 catamaran
Posts: 3,654
Re: Insurance required urgently

Quote:
Originally Posted by oldragbaggers View Post
$3K???!!!!!

We just purchased a very good liability and small amount of hull insurance on our Cape Dory 33 for around $350 for the year from Boat U.S. What kind of insurance are you trying to purchase?? You're saying only port risk, and not hull insurance?? Why would it be so much?

What is the insured value of your boat? $350 a year does sound like a good price, especially considering it's coming from Boat US.


Sent from my iPad using Tapatalk
__________________
smj is offline   Reply With Quote
Old 26-08-2014, 19:45   #7
Registered User
 
pesarsten's Avatar

Join Date: Jan 2012
Location: St Pete
Boat: Sabre 34
Posts: 461
Re: Insurance required urgently

I suggest you contact IMIS they can search for carriers and quote you quickly, excellent pricing they were much better than boat us or progressive for me.

IMIS Home Page ~ International Marine Insurance Services
__________________
pesarsten is offline   Reply With Quote
Old 26-08-2014, 20:19   #8
Registered User
 
UNCIVILIZED's Avatar

Join Date: Jun 2014
Location: Up the mast, looking for clean wind.
Boat: Currently Shopping, & Heavily in LUST!
Posts: 5,629
Re: Insurance required urgently

Good luck finding it. And I'm tagging the thread for future reference... just in case ;-)
__________________
UNCIVILIZED is offline   Reply With Quote
Old 26-08-2014, 20:54   #9
Senior Cruiser
 
maxingout's Avatar

Cruisers Forum Supporter

Join Date: Dec 2006
Location: Fort Pierce, Phoenix
Boat: Privilege 39 Catamaran, Exit Only
Posts: 2,606
Re: Insurance required urgently

IMIS has given us good service for more than ten years. I highly recommend them.
__________________
Dave -Sailing Vessel Exit Only

http://SailingUNI.com
http://maxingout.com
http://PositiveThinkingSailor.com
maxingout is offline   Reply With Quote
Old 26-08-2014, 21:18   #10
Elvish meaning 'Far-Wanderer'
 
Palarran's Avatar

Cruisers Forum Supporter

Join Date: Jan 2008
Location: Me - Michigan / Boat - Tenerife
Boat: 56' Fountaine Pajot Marquises
Posts: 2,641
Re: Insurance required urgently

I recommend Bill Porter or Joe Kolisch at the following agency. They have been my broker for 5 years and saved me a ton of money. Any time I need something special their follow-up has been immediate.

Kolisch Marine Insurance Inc.
1020 Bayamo Avenue - Coral Gables, FL 33146 USA
Toll Free: 888-666-2250 Local: 305-992-3482 Fax: 305-424-9358
www.kolischmarine.com
__________________
Not all who wander are lost

http://www.sailblogs.com/member/palarran/
Palarran is offline   Reply With Quote
Old 26-08-2014, 21:48   #11
Registered User

Join Date: Jul 2011
Location: Atlantic ICW 29N/81W
Boat: Beneteau Oceanis 36CC, now sold
Posts: 817
Re: Insurance required urgently

Quote:
Originally Posted by Fluffflinger View Post
Greetings

Just closed on an 1991 Antigua 37 in South Carolina.

I need insurance for the next year which will inlcude delivery of the yacht by a skipper from SC to Georgia (early October) and then cover whilst laid up in a boatyard for one year.

This is whilst I tidy my affairs in the UK and then come out to do some essential work before setting off cruising (eastern Seaboard of the US and the Caribbean).

Strange situation I know but the broker I have working on it at the moment hasn't come up with a number that is in my eyes sensible.

Surely I should be looking at less than 1% of boat value?

Any suggestions as to who to contact would be great as I need insurance in place when I close on the 5th of next month (September).

Surely I should be looking at a pretty low premium as the boat is only going to be a Port Risk for 48 weeks out of the next 52.

Thanks in advance

Richard
Unless you have a Us address or zip code many insurers will not quote, that is what happened to me ( Brit married to an American, living then in UK but buying US boat in Florida to cruise/live on long term. I was given the name of a very helpful brokerage for 'Seaworthy' insurers, broker now changed, and is now called Novamar. Contact jerry Norman or Traci Meier. We found them most helpful and stayed with then when the first boat was sold and we bought our current one. IIRC the insurance ironically is underwritten via Lloyds of London. WE have 12 months cover in Florida with no extra premium for hurricane season,( but the deductible goes up for named storm damage). When we first went with them it was for a 47ft trawler that we were leaving stored ashore after purchase survey for 12 months pending my getting my US Visa and us moving here for good. We did pay a hurricane season premium that first year of around $600 IIRC. I have copied and pasted below from an email to show the contact details.

Just a reminder Jerry Norman and Traci Meier joined Novamar Insurance Group effective December 2nd 2013, due to a change in ownership at the agency.


Please contact Jerry or Traci in our Sarasota office for your current and future marine insurance needs.



Jerry Norman
East Coast U.S. Regional Manager.
1236 2nd Street, Sarasota, FL 34236.
(800) 823-2798(800) 823-2798/ (941) 444-5099/ Fax (941) 328-3598.
jerry@novamar.net



Traci Meier
Agent/ Customer Service.
1236 2nd Street, Sarasota, FL 34236.
(800) 823-2798(800) 823-2798/ (941) 444-5099/ Fax (941) 328-3598.
traci@novamar.net



www.novamarinsurance.com
__________________
Robin3 is offline   Reply With Quote
Old 27-08-2014, 02:41   #12
Eternal Member
 
monte's Avatar

Cruisers Forum Supporter

Join Date: Jul 2011
Location: Australia
Boat: Lagoon 400
Posts: 3,650
Images: 1
Re: Insurance required urgently

I'd suggest panteneus or topsail would be the best bet, but expect closer to 1.5%. You may be able to reduce it with a higher deductible/excess
__________________
monte is offline   Reply With Quote
Old 27-08-2014, 06:21   #13
Registered User

Join Date: May 2011
Location: Frostproof, Fl boat at Tampa Sailing Squadron
Boat: Searunner, 37'
Posts: 216
Re: Insurance required urgently

I have a Searunner 37 trimaran, homebuilt in 1987. It is fiberglass over wood. The only place that would give me a quote within reason was Boat U.S., about $780. I have resorted to just a $1,000,000 liability umbrella policy on my homeowners for $150. That is enough to make the marinas happy but I have to accept that if the boat is lost I get nothing.
__________________
John B.
https://buildingmytrimaran.shutterfly.com/
blewett_john is offline   Reply With Quote
Old 27-08-2014, 07:38   #14
Registered User

Join Date: Apr 2007
Location: St Mary's Georgia
Boat: Fountaine Pajot Antigua 37
Posts: 33
Re: Insurance required urgently

Making progress, every quote that arrives is less than the last one I'll be sure to give feedback when I'm done.

So far I would advise anybody with special requirements to speak to a human being and don't fill in online forms.

They never leave space for you to fully explain your requirements.

Richard
__________________
Fluffflinger is offline   Reply With Quote
Old 06-09-2014, 08:06   #15
Registered User

Join Date: Apr 2007
Location: St Mary's Georgia
Boat: Fountaine Pajot Antigua 37
Posts: 33
Re: Insurance required urgently

Update

Thanks for all the suggestions, much appreciated.

Finally ended up using Joe Kolisch kolisch really good guy, worked very hard for me and I am pleased to have found him.

Happily recommend his services to anybody.

Regards

Richard
__________________

__________________
Fluffflinger is offline   Reply With Quote
Reply

Tags
insurance

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
Crew Wanted: Captain Job Required Urgently! Anna Poroh Crew Archives 18 21-04-2014 23:59



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 21:33.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.