Have just had my Insurance Renewal and yet again there has been a steep increase, blamed on the " Changes in the rules for Limitation of Liability for marine claims affecting UK Boat Owners" May 2004. My premium has gone up from £396 to £445.20 less NCB of £89.04. I have been with Haven Knox-Johnston Insurers for nearly 30 years, first covering my Motor Cruiser but now my Avon Rib, I have not had any claims but the recent increases seem excessive. I have £16000 sum insured with an excess of £250, is this the norm or am I being ripped off.
Your thoughts please.