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Old 13-07-2019, 00:48   #1
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Insurance for Cruising

Need recommendations for boat insurance company. Boat is US documented, located in Panama and will cruise Western Carib and as far as FL, possibly, in 2020. Boat value is maybe $95K. Present insurance company won't insure less than $125K, its a new rule.
I would accept a policy that covers liability only, if such was available.
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Old 13-07-2019, 01:16   #2
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Location: W Carib
Boat: Wildcat 35, Hobie 33
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Re: Insurance for Cruising

I found liability only thru ORM. You should also try JackLine.

I have under insured boats in the past too in order to reduce cost and reduce risk.

However, insurance has increase signficantly in both cost and hassle since the big losses a few years ago.
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