Swallow Yachts Association
Swallow Yachts Forum => General Discussion => Topic started by: Sea Simon on 20 Nov 2021, 13:11
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Have today received my renewal; substantial increase is slightly disappointing!
No claims made.
Noble Marine (brokers) are asking for £189.50, over £162.50 for the same policy last year.
This however includes my "25% NCD", which they propose as protected, for £10.07, inclusive. Not sure about this?
£150 excess.
Cover includes
Racing risks, no seasonal limits afloat, UK coastal only, any user, marine legal expenses (£9).
£5Mil liability.
"Value" (total sum insured boat, motor, trailerat £23700. Perhaps slightly high?
Mast, spars etc insured to 75% new cost as >3 years old.
What do you think, and pay?
Any recommendations for an alternative?
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Simon,
I felt that I was over-charged by Noble Marine last year and made a mental note to follow up on this recommendation from Jonathan https://www.swallowyachtsassociation.org/smf/index.php/topic,603.msg13665.html#msg13665
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Craft insure. Thanks for link.
Ran my numbers thru their calc and they turn out to be very much more expensive (maybe >£25%) than Noble M like for like, for my boat, mooring and usage.
It appears they penalise boats not dry sailed or marina based; perhaps more specifically risk-focused?
There is also a long list of afloat mooring locations that they won't insure, at all.
Mine is acceptable, but as an example - St Mawes is not.
There are also seasonal limits on usage (not insured 15 Nov - 31 March) which I would not normally expect to affect me. I usually am in for Easter, and out 1st week in November...ish.
Craftinsure v competitive if dry-sailed!
My search continues.....