I am thinking of flagging my next boat in the BVI.
Do you folks have experience getting insurance
for a vessel flagged in the BVI?
Do insurers who cover British vessels generally extend coverage to a BVI flagged vessel? Would it matter if the owners are US citizens?
Are the rates different because of the flag?
Part of my reason for going with this flag is that I feel I've been excluded from some insurance
options because of my current
boats US flag. There's only one insurer who will give me third party only coverage for the Caribbean
, and none that I've found who will cover the South Pacific
. I've talked to British insurers who would happily sell me coverage like that, if I didn't have a US flag.