Cruisers Forum Insurance ?

[AJ_n_Audrey]

Thanks CptLoyd, I guess like so many things with boating it falls on the master of the vessel to dig out these answers..... Good input on the cruising guides.

[James M B]

Someone told me Boat U.S. won't insure you in the Bahamas/Caribbean. Haven't spoke with them directly.

[Dave_S]

I'm keen, I haven't read all the posts yet but I will. Insurance companies are having a lend of us and we need to respond or we will all end up spending a fortune for very limited cover.

There are enough of us from all walks of life that we don't need an insurance company, we could probably self cover.

I would be happy to be part of the organisational side to assist getting it going.

[jimjimmyjimjim]

The first thing that came to mind when I started reading the "insurance problem" posts was "what about a co-op".

I bought a '71 Formosa that is being completely refitted. New deck, new copper coat, new motor, electrical, plumbing, etc., etc. It's basically, a new boat but insurance companies and marinas will consider it a 50 year old. I haven't had to worry about insurance until now (although I should have been thinking about it from the beginning ) and after just a bit of reading it's beginning to scare me.

A co-op sounds attractive and there may be enough interest to make it just barely feasible. But it would still have to have a core of full-time employees and skilled personel to run it properly.

So, I'm now in the process of reading through ALL the pages on this post. Hopefully, all my concerns are answered herein.

If it happens, I'll be one of the first customers!