Cruisers Forum
 


Reply
 
Thread Tools Search this Thread Rate Thread Display Modes
Old 12-10-2020, 10:03   #1
B4A
Registered User
 
B4A's Avatar

Join Date: Dec 2015
Location: Sailing around the world
Boat: 2018 Robertson and Caine, Leopard 40
Posts: 232
Jackline and Markel American Insurance

Does anybody have any feedback on Markel American Insurance?

I'm considering switching over to them from ERGO Versicherung AG.

Their broker is Jackline.

Their policy is quite comprehensive, the deductible is 1% of hull agreed value. They cover lightening without extra deductibles. There is no depreciation applied to hull or rigging. And depreciation on sails is only 5%.

Does any of you have experience with Jackline and Markel American Insurance?
__________________
www.sailingoroboro.com
B4A is offline   Reply With Quote
Old 12-10-2020, 11:02   #2
Registered User

Join Date: Feb 2015
Location: Poulsbo
Boat: Chris White Voyager 48
Posts: 597
Re: Jackline and Markel American Insurance

We have a Merkel Jackline policy through IMIS. No complaints. Note that our deductible is 5%. Did that to keep premiums down. Coverage is adjustable for the areas we're cruising.


Cheers,
__________________
Joe & Sue
S/V Presto
jdazey is offline   Reply With Quote
Old 14-10-2020, 19:00   #3
Registered User
 
zboss's Avatar

Join Date: Sep 2011
Location: On a boat
Boat: 1987 Cabo Rico 38 #117 (sold) & 2008 Manta 42 #124
Posts: 4,114
Re: Jackline and Markel American Insurance

We had the Jackline program for 7 years with only a lightning strike claim... this year they drop us with no explanation.

We ended up getting the same coverage under Geico for less money and no navigational limitations.
zboss is offline   Reply With Quote
Old 15-10-2020, 13:08   #4
B4A
Registered User
 
B4A's Avatar

Join Date: Dec 2015
Location: Sailing around the world
Boat: 2018 Robertson and Caine, Leopard 40
Posts: 232
Re: Jackline and Markel American Insurance

Quote:
Originally Posted by zboss View Post
We had the Jackline program for 7 years with only a lightning strike claim... this year they drop us with no explanation.

We ended up getting the same coverage under Geico for less money and no navigational limitations.
Thanks! Were they easy to deal with with your lightening strike? Did the accept your claim?
__________________
www.sailingoroboro.com
B4A is offline   Reply With Quote
Old 15-10-2020, 13:21   #5
Moderator
 
roverhi's Avatar

Join Date: Aug 2005
Location: Kona, Hawaii, Carlsbad, CA
Boat: 1969 Pearson 35 #108 & 1976 Sabre 28
Posts: 7,259
Send a message via Yahoo to roverhi
Re: Jackline and Markel American Insurance

Have been insured with Markel for 15 years on one boat and 3 on other. Only claim has been for a tow caused by exhaust problem. Paid for the tow immediately without any hassles which was more than the annual policy cost. They did require a survey after 5 years on my now 51 year old boat and rates have been going up annually. Will probably drop to liability only coverage after this year as the cost is hard to justify given the value of the boat. The other boat is a '76 Sabre 28 and no survey was required, just called up the agent, described the boat and was insured at a decent price.
__________________
Peter O.
'Ae'a, Pearson 35
'Ms American Pie', Sabre 28 Mark II
roverhi is offline   Reply With Quote
Old 16-10-2020, 19:07   #6
Registered User
 
zboss's Avatar

Join Date: Sep 2011
Location: On a boat
Boat: 1987 Cabo Rico 38 #117 (sold) & 2008 Manta 42 #124
Posts: 4,114
Re: Jackline and Markel American Insurance

Quote:
Originally Posted by B4A View Post
Thanks! Were they easy to deal with with your lightening strike? Did the accept your claim?
It was and we had no complaints at all with them until they dropped us with no explanation.

However, Geico has a much better lightning strike rider than what we had with Jackline/Markel. While Jackline's lightning strike was subject to the normal deductible (at the time, like $5K) our Geico policy is a flat $500 for electronics and for items not electronic (like a mast) then subject to the hull deductible.
zboss is offline   Reply With Quote
Old 17-10-2020, 04:10   #7
B4A
Registered User
 
B4A's Avatar

Join Date: Dec 2015
Location: Sailing around the world
Boat: 2018 Robertson and Caine, Leopard 40
Posts: 232
Re: Jackline and Markel American Insurance

Quote:
Originally Posted by zboss View Post
It was and we had no complaints at all with them until they dropped us with no explanation.



However, Geico has a much better lightning strike rider than what we had with Jackline/Markel. While Jackline's lightning strike was subject to the normal deductible (at the time, like $5K) our Geico policy is a flat $500 for electronics and for items not electronic (like a mast) then subject to the hull deductible.


Thanks! Unfortunately Geico is not an option for me because I'm not in the States, I cruise around the world!
__________________
www.sailingoroboro.com
B4A is offline   Reply With Quote
Old 17-10-2020, 07:15   #8
Elvish meaning 'Far-Wanderer'
 
Palarran's Avatar

Join Date: Jan 2008
Location: Boat - Bahamas - Me - Michigan
Boat: 56' Fountaine Pajot Marquises
Posts: 3,339
Re: Jackline and Markel American Insurance

IMIS and the Jackline program are the best I've had so far. It was 25% less then Concept this year and pretty much allows me to navigate anywhere in the Atlantic, Mediterranean, and Caribbean. Offshore included. They just are not offering coverage in the hurricane zone anymore or if they are, it's for a massive up-charge.

This year I did need to do an out of water insurance survey ($800) and a standing rigging inspection ($200). But it won't be required for another 3 or 4 years and with the rigging inspection, the deductible is substantially reduced. Very good policy.

Cyndi Ray | Marine Specialty Agent
Gowrie Group | A division of Risk Strategies
cyndir@gowrie.com
p: 410.364.7704 | f: 410.827.3758
522 Chesapeake Avenue, Annapolis, MD 21403
www.gowrie.com
__________________
Our course is set for an uncharted sea
Dante
Palarran 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
IMIS Jackline and Hurricane Box seanicroute Dollars & Cents 3 27-08-2018 13:09
Jackline Material ? SvenG Health, Safety & Related Gear 13 28-03-2011 18:22
Jackline tension SvenG Seamanship & Boat Handling 28 19-03-2011 16:53
Jackline webbing - color & strength? bstreep Health, Safety & Related Gear 51 08-11-2008 10:02
Help looking for Jackline - windup device sauve Health, Safety & Related Gear 3 07-11-2008 09:30

Advertise Here


All times are GMT -7. The time now is 00:40.


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.