Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Search this Thread Rate Thread Display Modes
Old 27-06-2017, 07:37   #1
Senior Cruiser
 
tkeithlu's Avatar

Cruisers Forum Supporter

Join Date: Feb 2012
Location: Carrabelle, Florida
Boat: Fiberglas shattering 44' steel trawler
Posts: 1,920
Advice On Insurance

My 43' steel-hull home built diesel trawler is nearing its fifth birthday. My insurer (Markel) may either drop me or require an out of the water ultrasound survey, at a cost of probably $3,000. Geico won't even do liability insurance without the same routine. Does anyone have advice regarding insurance companies that might write at least liability insurance for me? What companies do other cruisers use? This is a scary situation for me.
__________________

tkeithlu is offline   Reply With Quote
Old 27-06-2017, 08:38   #2
Registered User

Join Date: Aug 2013
Location: Marblehead
Boat: Brewer 44
Posts: 73
Re: Advice On Insurance

try Loyds of london. They just underwrote my extended cruising policy.
__________________

bfiegener is offline   Reply With Quote
Old 27-06-2017, 11:47   #3
֍֎֍֎֍֎֍֎֍֎

Join Date: Apr 2006
Posts: 15,129
Re: Advice On Insurance

tk-
They are so insistent on the survey because, simply put, steel corrodes and they are afraid that if anything wasn't done properly from Day One, you may be in danger of sinking. That's a valid concern, it should be scarier than the $3000.
If you are absolutely positively dead certain that just can't happen...just be certain.
hellosailor is offline   Reply With Quote
Old 27-06-2017, 13:10   #4
Senior Cruiser
 
tkeithlu's Avatar

Cruisers Forum Supporter

Join Date: Feb 2012
Location: Carrabelle, Florida
Boat: Fiberglas shattering 44' steel trawler
Posts: 1,920
Re: Advice On Insurance

Thanks for the advice. Regarding corrosion, the boat was just out for a complete professional sandblasting and new paint. It's a little odd, but my boat has absolutely no corrosion below the water line, because I use a surplus of aluminum anodes - even bare steel does not rust. If it ever does rust, it will be from the inside, and I watch that just as cloesly as you suggest. Above the waterline it's an ongoing spot it and scrape/prime/paint enbterprise.
tkeithlu is offline   Reply With Quote
Old 28-06-2017, 09:09   #5
Marine Service Provider

Join Date: Mar 2014
Location: UK and Central America
Boat: Tucker CA41 Steel 40 foot Ketch
Posts: 400
Re: Advice On Insurance

Look at Boat Insurance Specialists | Haven Knox-Johnston, email Haven@msamlin.com.

They offered me 3,000,000 3rd Party insurance cover on a 45 year old UK registered steel sailing boat

Not sure if they can cover US vessels, Let us know how you get on.
Triumphant is offline   Reply With Quote
Reply

Tags
insurance

Thread Tools Search this Thread
Search this Thread:

Advanced Search
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
No insurance, no survey - no survey, no insurance cyclepro General Sailing Forum 45 15-08-2016 06:00
Canadian Life insurance and health insurance tmoandj General Sailing Forum 22 23-06-2016 18:57
Able Maritime Yacht Insurance and Sunderland Marine Insurance Arcticsailor Dollars & Cents 0 17-03-2014 09:56
Blue Water Insurance + Med Insurance Trish Affleck Rules of the Road, Regulations & Red Tape 1 01-04-2013 00:28
Advice on insurance syahead Boat Ownership & Making a Living 1 30-05-2012 04:45

Advertise Here


All times are GMT -7. The time now is 08:59.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.