I think insurance
has changed this year after the disasters to fleets in the Caribbean
. While the insurers screen
needs a valid address in order to get to the next screen
, this is just a programming error.
However, in my case, this year my impression is that true cruising livaboard yachts, insured through Lloyds syndicates, have had a massive increase in premiums for the same cover.
My renewal was framed so as present a comparable premium to last year, but the insured value was reduced by one-third.
Quotes for non-Lloyds policies specifically exclude liveaboards. That is the unendorsed policy defined a cruising area, covered the yacht while in transit, but expects the yacht to return to the named marina.
This does not cover yachts in transit, within the defined waters, but on the hook for months on end.
I have an endorsement for livaboard, but am still looking for a policy which suits my situation of sum insured and true cruising.