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Old 11-04-2011, 07:47 PM   #16
Andy G
Hospitality Officer
 
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City: Pittwater
Country: Australia
Vessel Name: Sarawana
Vessel Model: IG 36 Quad Cabin
Join Date: Sep 2010
Posts: 1,662
RE: Insurance providers / cost

You need to compare apples with apples to get an idea of a competative policy.What's the excess on the policy and also what is the boat insured for.

Sarawana for instance is insured to $200K with a premium of $1875 pa. The policy excess is $1,000. She probably isn't worth $200K but that's the agreed replacement value. Only claims made within the last four years have to be disclosed on the insurance application. With insurance it is the fine print which determines the best policy for you and your boat.
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