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Forum: Rules of the Road, Regulations & Red Tape 05-04-2024, 09:03
Replies: 48
Views: 5,411
Posted By TabbyCat
Re: If you could establish residency anywhere....

We picked Panama.

- No hurricanes
- Warm water for swimming
- Tidal range on Caribbean side is minimal
- Waterfront property is still affordable
- Easy to find acreage teeming with wildlife...
Forum: Marine Electronics 04-03-2024, 08:40
Replies: 79
Views: 7,529
Posted By TabbyCat
Re: Fact or fiction: running with the chartplotter off to save electricity

We leave ours on for day sails or when within 250NM of land. But on passages like our 26-day Pacific crossing to Pitcairn in 2012, we turned it off at night. Powered it back up at each watch change. ...
Forum: Powered Boats 26-02-2024, 10:39
Replies: 23
Views: 2,584
Posted By TabbyCat
Re: LOA Measurement Question

It might depend who is asking and for what purpose they need the measurement! If an insurance company, it is the longest length. Draw an imaginary vertical line at the farthest piece of your boat...
Forum: General Sailing Forum 05-02-2024, 07:02
Replies: 84
Views: 8,919
Posted By TabbyCat
Re: Post Collision Repair or Total

If the damage is over 50% of the Agreed Value, the insurance company is highly likely to consider the boat a total constructive loss. At that point, it is their option whether to take possession of...
Forum: Monohull Sailboats 15-12-2023, 08:52
Replies: 20
Views: 3,718
Posted By TabbyCat
Re: Starlink for working while cruising

I have been a digital nomad and running a marine insurance business from my boat since 2006. Working with contracts, phone calls with clients & underwriters, banking etc. I started out with a heavy...
Forum: Boat Ownership & Making a Living 24-10-2023, 10:00
Replies: 109
Views: 29,383
Posted By TabbyCat
Re: I Can't Get Boat Insurance

1) Because there are many more auto insurance companies that marine insurance companies. Marine Insurance is a niche market.
2) Auto insurance policies are what is called "filed" policies- one 2021...
Forum: Rules of the Road, Regulations & Red Tape 07-09-2023, 10:51
Replies: 65
Views: 8,398
Posted By TabbyCat
Re: Left hanging by Pantaenius

In 18 years in the marine insurance industry, I have never heard of Preuss, you would think their name would have come up before? They are not rated or even listed by AM Best. Do you know who the...
Forum: General Sailing Forum 14-08-2023, 11:32
Replies: 21
Views: 3,088
Posted By TabbyCat
Re: Marinas requiring hull coverage?

Also note, on a claim for damage done by the marina, if your insurance pays out on the claim, then it is subject to your hull deductible. If the marina's insurance pays out, then it would fall under...
Forum: General Sailing Forum 14-08-2023, 07:52
Replies: 21
Views: 3,088
Posted By TabbyCat
Re: Marinas requiring hull coverage?

Agreed. Also note: Since you can not sue yourself, if another party is listed on your insurance as an insured, you also can not sue them for damages to your vessel. Possible solution: if you can get...
Forum: Rules of the Road, Regulations & Red Tape 13-08-2023, 20:23
Replies: 65
Views: 8,398
Posted By TabbyCat
Re: Left hanging by Pantaenius

Seems like they are an agency? Do you know who the actual underwriter was? And what their rating is?
Forum: Rules of the Road, Regulations & Red Tape 12-08-2023, 07:50
Replies: 65
Views: 8,398
Posted By TabbyCat
Re: Left hanging by Pantaenius

I would advise the other way. Keep your policy for as long as the company will cover you. If the company cancels because they are no longer able to offer coverage, that does not count against you. ...
Forum: Rules of the Road, Regulations & Red Tape 11-08-2023, 10:58
Replies: 65
Views: 8,398
Posted By TabbyCat
Re: Left hanging by Pantaenius

I might be able to get you a quote from Velos, it depends on details like hull value, current survey, claims, etc. Anyway, fill out our quote request form and I will see what I can do.
Forum: Auxiliary Equipment & Dinghy 15-05-2023, 13:19
Replies: 33
Views: 5,307
Posted By TabbyCat
Re: Brand New Mercury 5hp will not run

We have a slightly different motor than yours, but similar story, so hope this helps:
We purchased what we thought was a new Mercury 9hp 4 stroke, but it would not start after it ran just one time....
Forum: Monohull Sailboats 12-05-2023, 10:07
Replies: 35
Views: 4,717
Posted By TabbyCat
Re: What to do about Insurance

You are certainly welcome to do that, however, please note there are not many underwriters that will cover an old boat in Florida. We will likely all go to the same underwriter, so we ask that you...
Forum: Monohull Sailboats 12-05-2023, 08:29
Replies: 35
Views: 4,717
Posted By TabbyCat
Re: What to do about Insurance

Have you conatacted us? We can usually get quotes on older boats from Concept Special Risks, but they will want a recent survey to bind the coverage. We might be able to get coverage bound with an...
Forum: Oceania - Australiana 20-01-2023, 09:39
Replies: 55
Views: 4,171
Posted By TabbyCat
Re: Me again Re Tenders

Most insurance companies will not cover a tender that is towed. There is a statistically large chance that it will flip or the line will chafe and part.
Forum: Construction, Maintenance & Refit 06-01-2023, 07:16
Replies: 35
Views: 3,695
Posted By TabbyCat
Re: Glass windows?

Try SeaMac in NZ. They ship worldwide. We had ours done while we were there, but you can get a local installer to put them in. We have all around glass on our Cat, with 4 opening windows in front...
Forum: Boat Ownership & Making a Living 25-07-2022, 10:26
Replies: 41
Views: 4,662
Posted By TabbyCat
Re: To claim, or not to claim.

Here is an easy way to determine what is and isn't covered by most policies:

Sudden, accidental, and unforeseeable (including stupid mistakes like running into things) = Covered

Forseeable,...
Forum: General Sailing Forum 22-07-2022, 09:26
Replies: 25
Views: 2,544
Posted By TabbyCat
Re: Boat lender as insurance "loss payee", is it ok?

If the boat is a total loss, and the boat is not repairable, then the Loss Payee [bank] listed on the policy gets paid the outstanding amount of the loan and you get the rest. And the insurance...
Forum: Multihull Sailboats 18-07-2022, 14:13
Replies: 50
Views: 9,297
Posted By TabbyCat
Re: Are Dagger Boards Worth it?

We have 2 daggerboards on our MaineCat 41. No carbon fiber except the screacher pole. Love the daggerboards. Not only great for outpointing most cruising monohulls and keeled cats, they work great...
Forum: General Sailing Forum 15-07-2022, 08:18
Replies: 32
Views: 6,515
Posted By TabbyCat
Re: Crackling Sound Below the Waterline on Steel Boat

I agree- shrimp- and especially since you have a new bottom job. I know that sounds odd, but every time we do the bottom and re-launch , we notice we have more shrimp popping sounds than when the...
Forum: Boat Ownership & Making a Living 08-07-2022, 13:21
Replies: 109
Views: 29,383
Posted By TabbyCat
Re: I Can't Get Boat Insurance

Actually, most companies would rather write full coverage than Liability only. So by asking for liability only, you are limiting your options. Also, you will still need a survey. Contrary to popular...
Forum: Boats For Sale and Wanted 24-06-2022, 12:38
Replies: 24
Want To Buy: Looking for a dead RIB
Views: 3,321
Posted By TabbyCat
Re: Looking for a dead RIB

We sold our 12' AB RIB and bought an OC tender, and the difference in the planing is remarkable. We have gone from using an 18 HP on the AB to a 9.9 HP outboard on the OC-T and have not lost any...
Forum: Dollars & Cents 03-06-2022, 07:40
Replies: 68
Views: 10,751
Posted By TabbyCat
Re: Can't get Insurance

True, but they can not cover any USA navigation, only vessels permanently in the Caribbean.
Forum: Dollars & Cents 03-06-2022, 07:37
Replies: 68
Views: 10,751
Posted By TabbyCat
Re: Can't get Insurance

None of the above. It would be by the claims adjuster, for failure to disclose a material fact regarding one of the vessel's operators.
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