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Old 24 March 2009, 05:56   #1
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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
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Old 24 March 2009, 07:59   #2
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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
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Old 24 March 2009, 08:14   #3
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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
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Old 24 March 2009, 10:38   #4
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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
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Old 24 March 2009, 12:07   #5
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Im with Noble Marine
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Old 24 March 2009, 15:18   #6
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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
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Old 24 March 2009, 23:19   #7
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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.
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Old 25 March 2009, 11:05   #8
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My EIS policy through Porthcawl is insured value - no need to worry about valuations.
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Old 25 March 2009, 11:10   #9
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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.
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Old 25 March 2009, 11:14   #10
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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
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