Hi all
I was talking to a mate today who is looking at buying another boat and he said that he wouldn't need to get the boat surveyed to get insurance on it as it was less than 20 years old and he had paperwork showing when the standing rigging was recently replaced
Is this correct as it sounds a bit strange to me
Regards Don
Could be, but my insurance company has advised me they will be requiring a rigging inspection at 8yrs and an out of the water survey at 13 yrs. I insure with Nautilus, my boat is 9yrs old and my broker advises this year that other insurance companies have declined to quote without an out of the water survey.
It would pay to check.
Always comes down to the individual insurer.
I'm through a broker to QBE, with a 1983 boat. Didn't need survey or certificate.
Select to expand quotePlaneray said..
Always comes down to the individual insurer.
I'm through a broker to QBE, with a 1983 boat. Didn't need survey or certificate.
Same here although Brokers letter (last year)states 1982 build cut off for surveys
Select to expand quotePlaneray said..
Always comes down to the individual insurer.
I'm through a broker to QBE, with a 1983 boat. Didn't need survey or certificate.
When me previous insurer Trident refused to insure my 1984 boat on a swing mooring anymore a couple of years ago I went to a broker and they insured me with QBE and said I didn't need to have survey carried out at the time but didn't rule it out for the future
As I was slipping the boat to antifoul I decided to get one anyway and give it to them so if there was a need to make a claim at least there was a record of the condition of the boat when the took it on so there would not be any questions of a pre existing and undisclosed fault
Regards Don
I went directly with QBE didn't need survey and was about $300 cheaper then going through a broker
1982 year boat on swing mooring
Hi All
I'm new to Seabreeze but thought I might share my recent experience with boat insurance. I signed up with Panatanius about a year ago - all good. With the insurance renewel coming up I got an email saying the boat needed its 5 year out of water survey. This was the first I'd heard of it and was pretty cranky as I'd had the boat out of the water in November last year for an antifoul. Had I known the survey was required it could have been done then. Anyway so I shopped around and CGU looks pretty good. Premiums are about the same and they do: racing extension and you can sail solo after sunset and before dawn in open waters (Pana wont allow that).
Any thought on CGU??
Yes, QBE now require a survey report. My QBE comprehensive is due for renewal next month, and they won't re-insure without a report. The boat is a 1982 build. Personally, I think the report is fairly pointless - I have seen surveyors miss obvious defects, but pounce on small items, eg a faulty interior light. The "low hanging fruit" scenario...
Anyway, because I'm not planning a haul-out within the next few months, I need to investigate Plan B.
Does anyone know of an insurer that will provide comprehensive cover for a 1982 boat without a survey report?
Select to expand quoteSailPlan said..
Does anyone know of an insurer that will provide comprehensive cover for a 1982 boat without a survey report?
APIA...did not require survey....they are not cheap, but does not have the sunset clause, but it's pay by the month, so use it till the next haulout if you want to change
had my boat a 1982 swanson insured with qbe for 3 years with no survey required, recently got the renewal notice requiring a survey I wasn't going to slip the boat just for a survey when its due for annual slipping about September qbe did not want to honour the policy until then so
spent a day looking for insurers that don't require a survey found new wave marine insurance my boat is now insured with them at a reasonable price.
Thanks for the tip, kurt88. Will give them a try. I'm in the exact same position - I'm going to antifoul in Oct, so I will get the precious report at the same time.
I tried APIA. They also require a survey.
Select to expand quoteJobSheet said..
Hi All
I'm new to Seabreeze but thought I might share my recent experience with boat insurance. I signed up with Panatanius about a year ago - all good. With the insurance renewel coming up I got an email saying the boat needed its 5 year out of water survey. This was the first I'd heard of it and was pretty cranky as I'd had the boat out of the water in November last year for an antifoul. Had I known the survey was required it could have been done then. Anyway so I shopped around and CGU looks pretty good. Premiums are about the same and they do: racing extension and you can sail solo after sunset and before dawn in open waters (Pana wont allow that).
Any thought on CGU??
I have heard some negative feedback in resent times about Pantanius in regard to paying claims and I believe they have just changed underwriters. It might be a a good thing changing companies.
Select to expand quoteJode5 said..JobSheet said..
Hi All
I'm new to Seabreeze but thought I might share my recent experience with boat insurance. I signed up with Panatanius about a year ago - all good. With the insurance renewel coming up I got an email saying the boat needed its 5 year out of water survey. This was the first I'd heard of it and was pretty cranky as I'd had the boat out of the water in November last year for an antifoul. Had I known the survey was required it could have been done then. Anyway so I shopped around and CGU looks pretty good. Premiums are about the same and they do: racing extension and you can sail solo after sunset and before dawn in open waters (Pana wont allow that).
Any thought on CGU??
I have heard some negative feedback in resent times about Pantanius in regard to paying claims and I believe they have just changed underwriters. It might be a a good thing changing companies.
+1
I just checked my policy with QBE via Hillier Marine.
"no survey required if built after 1982"
Select to expand quoteSailPlan said..
I tried APIA. They also require a survey.
strange, I insured with them for 2+ years on a 1979 boat, no survey required.
Youii was also going to insure the boat with no survey, but after submitting form ...all OK, but my boat was 41 ft, their cutoff was 40 ft.
Youii are really weird like that - change their policies all the time. I think it's mostly because they're not really marine insurers, but accidentally stumbled into the market. As an example, I added racing insurance after the fact back when I was with them, and they somehow did it for $60 less than the existing policy.
I'll bet you $5 that if you call again, they'll say yes.
Also watch out for the sunset/dawn clause.....
A large number say you are not insured in these hours. It is totally stupid,
We are all totally aware of late afternoon thunderstorms and squalls. they would prefer you to go through that......., than wait it out at a safe anchorage till it has died down an quietly sail back home after dark.
Yes, New Wave's premium is just $15 more than QBE's. No report required. Inclusions and values are the same, so I will insure with them. Thanks for the info!
Select to expand quotePlaneray said..
Always comes down to the individual insurer.
I'm through a broker to QBE, with a 1983 boat. Didn't need survey or certificate.
And since then Tudor now require a survey.
I'm reviving a dreaded insurance thread for some advice - I've been having issues getting my renewal out of QBE. They kept requesting a mooring certificate even though the boat is not and has never been on a mooring. Finally got that sorted out and now they have just told me they require an out of water survey before they will renew my policy which expires on Jan 6th! I'm away for Xmas and have little chance of getting one done before then.
I'm pretty over QBE anyway due to a bunch of other stuff too, so can anyone recommend an insurer who might provide either insurance without a survey or a cover note pending getting one done? The boat was built in 96 but is steel and a non production line boat so suspect I'll require one for most insurers, really just need more time...
Select to expand quoteSailPlan said..
Yes, QBE now require a survey report. My QBE comprehensive is due for renewal next month, and they won't re-insure without a report. The boat is a 1982 build. Personally, I think the report is fairly pointless - I have seen surveyors miss obvious defects, but pounce on small items, eg a faulty interior light. The "low hanging fruit" scenario...
Anyway, because I'm not planning a haul-out within the next few months, I need to investigate Plan B.
Does anyone know of an insurer that will provide comprehensive cover for a 1982 boat without a survey report?
New Wave insurance did my 1980's Cav 28 without survey etc.
A segment from ABC radio. ACCC investigates horrible increased insurance premiums North of 23 parallel. Last increase is estimated
about 1.4 billion, more than the South of 23. Problem is not just increase
of premiums but ten of thousands of properties can't be insured at all,
boat included. Last resort is go overseas, what is actually, the only way,
until government steps in.
we can hope that would happen considering disasters fires.
my boat is insured in Spain
