Reply
 
Thread Tools Search this Thread
 
Old 24 March 2009, 09:56   #1
Member
 
Country: UK - Scotland
Town: Isle of Tiree
Boat name: AURORA
Make: Humber
Length: 6m +
Engine: Twin Yamaha 150s
Join Date: Mar 2009
Posts: 71
rib insurance

hi just wondered who was the best insurance company to use for my rib . i see a lot on google but not sure if there was some to stay clear to expensive etc. i wont be taking paying passengers or anything like that any suggestions cheers
fraz
__________________
fraztiree is offline   Reply With Quote
Old 24 March 2009, 11:59   #2
Member
 
jambo's Avatar
 
Country: UK - Scotland
Town: Girvan & Tayvallich
Boat name: Breawatch
Make: Ribcraft
Length: 5m +
Engine: Mercury 150 F/stroke
MMSI: ex directory!!
Join Date: Sep 2008
Posts: 6,203
RIBase
Fraz, welcome.
As you can see I do most of my ribbing from Tayvallich on loch sween where I have a swing mooring. I have used euromarine and am satisfied with the cover and costs. Suggest you give them a chance to quote the other is porthcawl insurance. www.euromarine-ltd.com and www.porthcawl-insurance.co.uk.
Hope this helps.
Have a good season.
J
__________________
jambo is offline   Reply With Quote
Old 24 March 2009, 12:14   #3
Member
 
Country: UK - Wales
Town: porthcawl
Make: lomac
Length: 4m +
Engine: evinrude 40 etec o/b
MMSI: 235069383
Join Date: Feb 2008
Posts: 64
Quote:
Originally Posted by jambo View Post
Fraz, welcome.
As you can see I do most of my ribbing from Tayvallich on loch sween where I have a swing mooring. I have used euromarine and am satisfied with the cover and costs. Suggest you give them a chance to quote the other is porthcawl insurance. www.euromarine-ltd.com and www.porthcawl-insurance.co.uk.
Hope this helps.
Have a good season.
J
as above but i use pothcawl they are worth a quote (ask for steve you wil find him of great help) best wishes tony
__________________
greenkeg is offline   Reply With Quote
Old 24 March 2009, 14:38   #4
Member
 
Black's Avatar
 
Country: UK - England
Town: Bristol/Devon
Boat name: Nella
Make: Ballistic
Length: 6m +
Engine: Yamaha 130
Join Date: Jul 2006
Posts: 364
I have used Noble for all RIB's and boats I've had over the years, never had a problem with them paying out.

- Fraztiree - did you pick up that RIB from Monty Halls adventure?

Black
__________________
Black is offline   Reply With Quote
Old 24 March 2009, 16:07   #5
Member
 
Country: UK - England
Town: Ipswich
Boat name: Jammy Dodger
Make: Avon Adventure 7.20
Length: 7m +
Engine: 200 Yamaha
Join Date: Dec 2008
Posts: 365
Send a message via MSN to willfinch36
Im with Noble Marine
__________________
willfinch36 is offline   Reply With Quote
Old 24 March 2009, 19:18   #6
Member
 
Country: UK - Scotland
Town: Isle of Tiree
Boat name: AURORA
Make: Humber
Length: 6m +
Engine: Twin Yamaha 150s
Join Date: Mar 2009
Posts: 71
thanks guys cheers , yea bought it from a guy up that way cant wait to try it out never had a rib b4 only fishing boats with top speed of 17 knots
__________________
fraztiree is offline   Reply With Quote
Old 25 March 2009, 03:19   #7
Member
 
Country: UK - Wales
Town: swansea
Boat name: Too Blue
Make: BLANK
Length: 8m +
Engine: Suzuki DT225
Join Date: Mar 2004
Posts: 12,791
Whilst on the subject of insurance how do they work out the value of a replacement outboard?

Mine was quoted from some Blue Book or something. The figure mentioned was about £2000 which is crazy. A much older Suzuki DT225 sold on Ebay for about £5,000.
__________________
codprawn is offline   Reply With Quote
Old 25 March 2009, 15:05   #8
DJL
Member
 
Country: UK - England
Make: Ribcraft 6.5
Length: 6m +
Engine: Suzuki DF175TG
Join Date: Apr 2002
Posts: 929
My EIS policy through Porthcawl is insured value - no need to worry about valuations.
__________________
DJL is offline   Reply With Quote
Old 25 March 2009, 15:10   #9
Member
 
Country: UK - Wales
Town: swansea
Boat name: Too Blue
Make: BLANK
Length: 8m +
Engine: Suzuki DT225
Join Date: Mar 2004
Posts: 12,791
Quote:
Originally Posted by DJL View Post
My EIS policy through Porthcawl is insured value - no need to worry about valuations.
So is mine - but that is for a total loss - unless they have changed you will have a nasty shock when you ask about an engine theft which is probably more common.
__________________
codprawn is offline   Reply With Quote
Old 25 March 2009, 15:14   #10
Member
 
Country: UK - England
Town: Dorset & Hants
Boat name: Streaker/Orange
Make: Avon/Ribcraft
Length: 4m +
Engine: 50Yam/25 Mariner
Join Date: Apr 2007
Posts: 5,551
Quote:
Originally Posted by DJL View Post
My EIS policy through Porthcawl is insured value - no need to worry about valuations.
I'd be checking this very very carefully - if you do have an agreed value policy its like hens teeth for a 'normal' boat . Even for a total loss claim I would expect you to be paying big money , or driving something like HMS victory for any insurer to accept the risk!

I could be wrong - but I was in broking fro several years and never came across any such policy for a normal boat.

If you have can you share the details of who sold it you - we can all get one !

Just looked the EIS marine proposal form (Its a yacht & classic boat prop) . It asks for current market value , not new replacement cost - you could put new value on the form - but its a waste of time - you'll just pay more for the same cover as you would only ever get ' current market value' back ( maximum ) . cant see polciy wording to check for sure . I'd be stunned - but very happy to be proved wrong
__________________
PeterM is offline   Reply With Quote
Old 25 March 2009, 15:22   #11
Member
 
Country: UK - England
Town: Dorset & Hants
Boat name: Streaker/Orange
Make: Avon/Ribcraft
Length: 4m +
Engine: 50Yam/25 Mariner
Join Date: Apr 2007
Posts: 5,551
Even the prop contains :

HULL & MACHINERY
This section should include the hull, engines, machinery, equipment, spars, sails and rigging such as would normally be sold with the vessel if she changed hands. If the value to be insured is greater than the price paid, a valuation report will be required to justify the difference. Note some policies may be subject to an ‘Average’ clause and it is essential your vessel is not under insured.

So suggesting cover is not agreed value ?
__________________
PeterM is offline   Reply With Quote
Reply

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




All times are GMT. The time now is 20:14.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.