Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 29-02-2016, 21:17   #1
Registered User

Join Date: Feb 2016
Location: Sidney, BC
Boat: Yamaha 33
Posts: 12
Boat insurance

Hey guys,

I just purchased my first boat and im looking at insurance companies, but so far i've been turned down by 3 of them. This is mostly due to my lack of experience and because i'm a liveaboard. I don't know what i should do, every day i gain more experience but i dont know how much they would need to insure me (I know having a liveaboard status doesn't help).

I was hoping to sail over to maple bay next month but i saw that you needed to show proof of insurance to be able to get moorage there.

As you can see i'm in a bit of a bind. Do all marinas ask for this? If i can't get it insured does it mean i won't be able to moor anywhere?
__________________

__________________
RekkaBell is offline   Reply With Quote
Old 29-02-2016, 21:29   #2
Registered User

Join Date: Jun 2012
Posts: 307
Re: Boat insurance

I think there is a Liveaboard boaters association in the Victoria area, very proactive try looking them up.
__________________

__________________
Cruisingscotts is offline   Reply With Quote
Old 29-02-2016, 21:38   #3
Registered User

Join Date: Feb 2016
Location: Sidney, BC
Boat: Yamaha 33
Posts: 12
Re: Boat insurance

Oh yea I've heard of them. Im not looking for long-term moorage at the moment though, i was wondering if you needed proof of boat insurance for overnight stays.
__________________
RekkaBell is offline   Reply With Quote
Old 29-02-2016, 21:40   #4
Registered User
 
Lizzy Belle's Avatar

Join Date: Nov 2015
Location: Netherlands
Boat: Ohlson 29
Posts: 1,522
Re: Boat insurance

Quote:
Originally Posted by RekkaBell View Post
I was hoping to sail over to maple bay next month but i saw that you needed to show proof of insurance to be able to get moorage there.
I haven't a clue as to why you'd have trouble finding insurance; would't be a problem here but that doesn't help you

Marina's are probably only interested in liability insurance, not so much hull insurance?
__________________
"Il faut ętre toujours ivre." - Charles Baudelaire
Dutch ♀ Liveaboard, sharing an Ohlson 29 with a feline.
Lizzy Belle is offline   Reply With Quote
Old 29-02-2016, 21:40   #5
Registered User
 
svmariane's Avatar

Join Date: May 2007
Location: Currently in South Pacific. Home Port: Vienna, Austria
Boat: Celestial, Stay'sl-Rigged Sloop, 48 ft
Posts: 1,163
Re: Boat insurance

You didn't say, but have you tried for only liability insurance?
That is really what most marinas want to see.

Edit: Oops.....Lizzy Belle beat me to the punch.
__________________
"Being offended is not the same thing as being right." Dave Barry.
Note: Offense is always taken, never given.
When life hands you lemons..... add gin & tonic!
svmariane is offline   Reply With Quote
Old 29-02-2016, 21:46   #6
Registered User

Join Date: Feb 2016
Location: Sidney, BC
Boat: Yamaha 33
Posts: 12
Re: Boat insurance

oh no i havent but i will try.

It's been difficult because i've been told i don't have enough boating experience. I don't know how many years of experience one would need to qualify for it though...
__________________
RekkaBell is offline   Reply With Quote
Old 29-02-2016, 21:50   #7
Registered User
 
Lizzy Belle's Avatar

Join Date: Nov 2015
Location: Netherlands
Boat: Ohlson 29
Posts: 1,522
Re: Boat insurance

Here in the Netherlands, you pay full price when you have 0 experience and get a (small) discount for every full year you make no claim. Doesn't matter if you've ever seen a boat before Just as long as you don't go off shore, you'll be insured.

Edit: actual experience isn't even the point; just not claiming is. Which is easy when you're tucked away in a marina
__________________
"Il faut ętre toujours ivre." - Charles Baudelaire
Dutch ♀ Liveaboard, sharing an Ohlson 29 with a feline.
Lizzy Belle is offline   Reply With Quote
Old 29-02-2016, 22:14   #8
Registered User
 
Dsanduril's Avatar

Join Date: Aug 2011
Location: South Pacific
Boat: Outremer 50S
Posts: 1,451
Re: Boat insurance

Never had a marina ask for anything other than third-party liability insurance. And never had my issuer ask anything about the boat or my boating experience. Pay the bill and they cover us (we carry a $250K policy with an umbrella over that up to $2M - total cost ~$550/year).

Hull/rig/damage insurance is a whole other matter. Sailing resume, boat survey, details on crew aboard (at least for offshore work)... For that I would expect to pay at least 1% and up to 2% of value per year (if you get a very local policy might see 0.5% to 1%).

YMMV, but I'd be surprised if you can't get satisfactory third-party liability insurance to satisfy the marina just by filling out the application and sending in the premium.
__________________
Dsanduril is offline   Reply With Quote
Old 29-02-2016, 22:20   #9
Registered User
 
Lizzy Belle's Avatar

Join Date: Nov 2015
Location: Netherlands
Boat: Ohlson 29
Posts: 1,522
Re: Boat insurance

Quote:
Originally Posted by Dsanduril View Post
Hull/rig/damage insurance is a whole other matter. Sailing resume, boat survey
Even when you don't go off-shore?

I have full hull / rigging etc insurance and have never been asked about experience or for a survey. Nor has anyone I know.

Offshore is pretty much a no-go for solosailors, but still easy enough for couples. Solo with crew a little less so, but still doable.
__________________
"Il faut ętre toujours ivre." - Charles Baudelaire
Dutch ♀ Liveaboard, sharing an Ohlson 29 with a feline.
Lizzy Belle is offline   Reply With Quote
Old 29-02-2016, 22:44   #10
Registered User
 
Dsanduril's Avatar

Join Date: Aug 2011
Location: South Pacific
Boat: Outremer 50S
Posts: 1,451
Re: Boat insurance

Agreed, for strictly local sailing I've always had cover from the same provider as either my car or house. No resume, no survey, limit of something like 25-50 miles offshore. Have done that both here in the US and as a non-resident in a couple of places where I knew I'd be in place for a year or so. Not sure what that's like for the OP in BC, haven't looked in that specific case. Clearly at least the places OP has looked it is more like offshore insurance if they are asking for sailing experience.
__________________
Dsanduril is offline   Reply With Quote
Old 29-02-2016, 22:47   #11
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: Boat insurance

Some marinas will assist you in finding liability (& other) insurance if you ask them for their help.
For instance, while I know it's across the border, the Port of Port Townsend (in WA) will do/does this.
So it'd be worth asking some of the places where you're looking for moorage, about doing the same. Ditto on digging around in any of the online services/search engines, which help boaters to find moorage. Perhaps ActiveCaptain & others. Plus any & all of the local sailing periodicals in your area.

In WA, for example, there's; Dockside, 48 North, Northwesting, Boater's Yellow Pages & likely half a dozen more which I'm forgetting. And I'm sure that some of them would have some insurance rescouces which you could pursue. Along with, of course, all of the free marine periodicals in your neck of the woods.
Which, BTW, I'd love it if you would post them on here, when you get a moment.

Also, try some of the other online sailing forums:
Sailing Anarchy Forums
Sail Net
& the dozen plus others which slip my mind right now.


PS: Sometimes having a mailbox at someplace like a UPS Store, gives enough of the appearance of being a "real" (land type) address, that it makes finding insurance easier. As with many such stores, it's a real street address, & not a Post Office Box. HTH.
__________________

The Uncommon Thing, The Hard Thing, The Important Thing (in Life): Making Promises to Yourself, And Keeping Them.
UNCIVILIZED is offline   Reply With Quote
Old 29-02-2016, 22:53   #12
Registered User
 
DumnMad's Avatar

Join Date: Mar 2012
Location: Nelson NZ; boat in Brisbane
Boat: 45ft Ketch
Posts: 1,247
Re: Boat insurance

I'm for 3rd party insurance only. Some people are hooked on insurance as if it will somehow save them from disaster. Far more important to be an alert operator, get on top of your boat maintenance and keep the water out when offshore IMO.
__________________
DumnMad is offline   Reply With Quote
Old 01-03-2016, 06:03   #13
Don't ask if you can't handle it
 
sailorboy1's Avatar

Cruisers Forum Supporter

Join Date: Jul 2007
Location: On the boat somewhere
Boat: Hunter 410
Posts: 12,312
Re: Boat insurance

Quote:
Originally Posted by RekkaBell View Post
Hey guys,

I just purchased my first boat and im looking at insurance companies, but so far i've been turned down by 3 of them.
Did they tell you why? Did you ask them?

When I got my first boat the insurance company required me to get some extra training due to the short time I had sailed.
__________________
jobless, houseless, clueless, living on a boat and cruising around somewhere
sailorboy1 is offline   Reply With Quote
Old 01-03-2016, 13:03   #14
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: Boat insurance

For the experience thing. There are standardized forms which you can use, in order to document your time on the water, as well as what specialized evolutions or training which was done on a given day. In addition to what the weather was like, number & experience levels of crew onboard etc.
And also, be sure to document your time similarly when onboard other vessels. Having such, certified by said vessel's Master.

It might not help right this moment, but over time, it's a big help. And is also useful when applying for various liscences & certifications.
__________________

The Uncommon Thing, The Hard Thing, The Important Thing (in Life): Making Promises to Yourself, And Keeping Them.
UNCIVILIZED is offline   Reply With Quote
Old 01-03-2016, 16:02   #15
Registered User
 
Ribbit's Avatar

Join Date: Oct 2015
Posts: 655
Re: Boat insurance

Could always see if you can get it tacked on to your house insurance I suppose?
__________________

__________________
Ribbit 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
Able Maritime Yacht Insurance and Sunderland Marine Insurance Arcticsailor Dollars & Cents 0 17-03-2014 10:56
Blue Water Insurance + Med Insurance Trish Affleck Rules of the Road, Regulations & Red Tape 1 01-04-2013 01:28
Boat Insurance mike d. Dollars & Cents 9 20-11-2009 07:28
Boat Insurance Triton318 Rules of the Road, Regulations & Red Tape 29 27-12-2006 05:27
sailing without boat insurance Tigerlily Dollars & Cents 17 21-04-2006 02:10



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 03:41.


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.