Youi quoted me $2500 odd for my car that I have insuranced with another company for $500 odd.. Keep those Bull**** ad coming.. Disgraceful
On the subject of insurance companies not wanting to insure boats on swing moorings or upping the premium of boats on swing moorings compared to the same boat in a marina i was wondering which on forum members thought was more prone to damage
If mine was in a marina i see the risk of the following happening
I crash it on the way in or out
Someone else hits me on their way in or out
People can walk on board and knock stuff off or damage the boat
A mooring line can let go and the boat can rub on something
A fender can fail and the boat can rub on something
The marina structure can fail as what happened to AUS's boat in the Tassie floods
If the boat beside catches on fire mine can catch on as well
On a mooring the following can happen
The mooring can fail and mine can drift away
Someone else's mooring can fail and they can drift or drag on to me
I also like the way the boat will normally align with the wind on the mooring as opposed to being held in one direction in the marina
I don't see that the risks on a maintained swing mooring are greater than in a marina but the insurance companies obviously do
Interested in the thoughts of others
Regards Don
The insurance companies and marina companies are in collusion.
The insurance companies compell you to be on a marina.
The marina companies compell you to be comprehensively insured when third party property is adequate to cover them and neighbouring boats.
Quote a policy number to a marina you intend berthing at and within a few seconds they will know who your insurer is and what your policy covers. They are latched in to the insurance companies.
Who wins??
The insurance companies, because more people fully insure so they can get into marinas to refuel, refresh and reprovision.
The marina companies, because more people hire marina berths to ensure they are covered by insurance.
Who loses??
The general boating public, because people are virtually giving their boats away because the three year cost of marina berthing and three years of insurance premiums exceeds the capital value of their boat.
Forget about on going maintenance and keeping the boat up to scratch.
Don I'm sure the insurance companies excuse would be the fleet of crappy mooring minders, ( I don't know about other states but nsw laws encourage minders ! ) but the marinas, I guess that having all their guests fully insured would keep their own premiums to a minimum. A scam to be sure, and as Cisco points out its the boating public who have to bend over and take it !
Ive had youi insurance for my 24 footer for a year and half, they made mistake and put down cruiser i called several times to change this and on the last time they informed me they didnt insure yachts. I threatened legal action to get my money backs and they decided to insure me anyway. Im hoping if anything does go wrong that they actually help me but we will see....
Select to expand quotetriton24newb said..
Ive had youi insurance for my 24 footer for a year and half, they made mistake and put down cruiser i called several times to change this and on the last time they informed me they didnt insure yachts. I threatened legal action to get my money backs and they decided to insure me anyway. Im hoping if anything does go wrong that they actually help me but we will see....
youi
insured my yacht and i had a write off claim paid up straight away but they are very fickle to get a price from varies all the time.
I am no longer with them as they doubled my premium qbe for me now
Yes! Positively! Absolutely!
QVB has done the right thing, by me.
I feel for all those, who had disappointing experiences with boat insurance. Any insurance.
When my case started back in November l was terrified from the prospects of jumping hoops avoiding pitfalls and at the end being screwed by heartless corporate bastards.
Losing money over something l am totally innocent of - a lightning strike - did not appeal to me either.
I was warned by most to get ready for financial disaster.
The above is all air. QVB did the right thing and handled the case quickly and efficiently!
l am grateful to them.
Not so, to the tradies, namely electricians bar one.
It all started in November. l had to ring six companies to get the quote done, one has denied the possibility of coming to my boat before the end of February. Surprising but fine, honest. It was November!
Another one tried to charge me 4-5 hours work for the quote which is totally unacceptable in my books.
Two never returned my calls after promising the world.
And there is the last one - the worst of all, unfortunately recommended by a friend - who started with a two weeks promise and eventually failed to pick up the phone and answer messages after 16 weeks of ridiculous excuses!
I hope Neptune and Orcus take care of him in Hades!
Eventually, one had the quote finalised after weeks of repeated emails and daily phone calls for necessary corrections.
Despite of the utter horror with the electricians guild l was lucky not to feel the brunt of the lightning strike and was fairly compensated by QVB - as any insured should be - after the quotes were handed to them.
The assessors, both of them were helpful and understanding to the max as well.
Yeah, 10+ for QVB.
Select to expand quoteI don't see that the risks on a maintained swing mooring are greater than in a marina but the insurance companies obviously do
Interested in the thoughts of others
Regards Don
Probably less risk of total loss by sinking etc, generally marinas are secure so less chance of break in etc. I used to work at a marina and saw a few boats on swing moorings go under. A couple of boats would have gone under if on a swing mooring but it was always noticed quickly and there would be a submersible pump plugged in or towed around to the slipway asap. Likewise if there is a break in or similar it will probably be noticed within 24 hours meaning there is actually some chance of catching those responsible especially with most of the bigger boats having cctv now. On a mooring you could be broken into and not notice until the owner turns up a month later. Insurance companies don't like things that are unattended for long periods of time.
