Hi. I am a
broker and
insurance agent for club marine, and a previous
ferro yacht owner (Samson C-Smoke which had done 2 circumnavigations) The situation in Qld now is that no comprehensive insurance is available, and that is Australiawide, and neither Club or Nautilus will now provide 3rd party. All marina's insist on minimum 3rd party, with public liability and
salvage cover, and here in Townsille the Harbour Board also wants 3rd party for their pile moorings. I have one
ferro owner currently in Nz searching, and he can get insurance there for pro built built
boats, but in NZ waters only. I have another French owner, whose
boat is here, searching
Europe, and he has found a French company who will insure on the
East Coast of OZ, but we are yet to determine if you or I can get that insurance resident here. With no insurance, you cant get on a marina berth or pile
mooring here. It means you are left at
anchor, and the long term result will be to make it extemely difficult to sell your ferro boat, and the resale value will plummet. I have written to various polititians and presented the argument that if the State Gov is making 3rd party mandatory, via its association with port authorities, then it should make it mandatory that insurance companies provide the cover, without any discrimination against
hull construction material. It is compulsary for cars to have 3rd party, but there is no discrimination against any type of vehicle. This needs a united front of many ferro owners to pursue this with politicians. My
single voice will probably not amount to much. Any one who would like a copy of the letter, and details of to whom it was sent, please feel free to
email me at
seacraft@bigpond.com Regards, Allan