Thread Tools Search this Thread
Old 23 January 2007, 19:26   #1
Country: Other
Town: Oakley
Boat name: Zerstörer
Make: Ribcraft
Length: 5m +
Engine: Suzuki DF 140
MMSI: 235050131
Join Date: Jun 2003
Posts: 3,931
Boat Insurance Cover

Does anyone know that if you capsize your RIB whether an insurance company will cover the cost of refurbishing the RIB and reinstating the engine ?

Biggles is offline   Reply With Quote
Old 23 January 2007, 19:40   #2
Country: Canada
Town: Tobermory, Canada eh
Boat name: Verius
Make: Zodiac Hurricane 590
Length: 5m +
Engine: Yamaha F150
Join Date: Oct 2006
Posts: 1,345
Send a message via MSN to Stoo
I know mine is covered if I roll it off of the trailer, so I would like to think that rolling it in the water should be a "no-brainer"! I suspect that they could pay you the lesser amount of either writing the boat off at it's depreciated value versus the cost of repair.

When I acquired my boat, I argued to the prospective insurers that it was one of a kind (in the used market) and they agreed to a replacement cost policy, at increased premium...

Pump it up and RIDE!
Stoo is offline   Reply With Quote
Old 24 January 2007, 01:07   #3
Country: UK - Wales
Town: Pwllheli-North Wales
Boat name: Delta 1
Make: Delta
Length: 6m +
Engine: Mariner 90hp Optimax
Join Date: Mar 2001
Posts: 2,367
I can talk from experience on this one!

When I flipped one of my old ribs (it was one day old) while playing in the ruff stuff the insurer paid me most of my claim, they invented some high mechanical excess in the small print which came to about £1500.

JG Marine Services Ltd Specialist Safety Boat Services

Bodfuan Shoot Ltd Traditional British Game Shooting
Jono Garton is offline   Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Our Communities

Our communities encompass many different hobbies and interests, but each one is built on friendly, intelligent membership.

» More about our Communities

Automotive Communities

Our Automotive communities encompass many different makes and models. From U.S. domestics to European Saloons.

» More about our Automotive Communities

Marine Communities

Our Marine websites focus on Cruising and Sailing Vessels, including forums and the largest cruising Wiki project on the web today.

» More about our Marine Communities

Copyright 2002-2015 Social Knowledge, LLC All Rights Reserved.

All times are GMT -5. The time now is 12:30.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.