Reply
 
Thread Tools Search this Thread
 
Old 23 October 2013, 18:53   #11
Member
 
Hightower's Avatar
 
Country: UK - England
Town: Fareham
Length: 6m +
Join Date: Sep 2003
Posts: 7,855
Something to bear in mind is that some will quote for agreed value and others market value. Worth reading the small print so that you can check like for like quotes.

BTW I'm with Porthcawl and have been for several years. Never needed to call upon them other than renew the policy, prices seem reasonably good value for the cover I have which is agreed value.
__________________

__________________
Andy

Looks Slow but is Fast
Member of the ebay Blue RIB cover club.
Hightower is offline   Reply With Quote
Old 23 October 2013, 18:56   #12
RIBnet supporter
 
MustRib's Avatar
 
Country: UK - England
Town: Newcastle
Boat name: Merlin
Make: RB4 Gemini 550
Length: 4m +
Engine: Tohatsu 90C
Join Date: Sep 2006
Posts: 1,048
probably a good time to buy.
I expect when the Milly report comes out, there will be a bucketful of bad press and wouldnt surprise me to see rates go up.
__________________
MustRib is offline   Reply With Quote
Old 24 October 2013, 02:13   #13
Member
 
Country: UK - England
Town: Isle of Wight mostly
Make: Regal
Length: 6m +
Engine: Mercruiser
MMSI: 235911246
Join Date: Oct 2012
Posts: 188
Quote:
Originally Posted by MustRib View Post
probably a good time to buy. I expect when the Milly report comes out, there will be a bucketful of bad press and wouldnt surprise me to see rates go up.
What do you mean?
__________________
solent spence is offline   Reply With Quote
Old 24 October 2013, 02:52   #14
RIBnet supporter
 
Pikey Dave's Avatar
 
Country: UK - England
Town: South Yorks
Boat name: Black Pig
Make: Ribcraft
Length: 5m +
Engine: DF140a
MMSI: 235111389
Join Date: Feb 2008
Posts: 7,594
RIBase
Ask whoever you decide upon how they manage any claims. If they use a claims management company/loss adjuster called Concordia, from personal experience I'd steer well clear
__________________
Rule#2: Never argue with an idiot. He'll drag you down to his level & then beat you with experience.
Rule#3: Tha' can't educate pork.
Rule#4: See rule#5
Pikey Dave is offline   Reply With Quote
Old 24 October 2013, 04:31   #15
Member
 
Country: UK - England
Town: Isle of Wight mostly
Make: Regal
Length: 6m +
Engine: Mercruiser
MMSI: 235911246
Join Date: Oct 2012
Posts: 188
Quote:
Originally Posted by Pikey Dave View Post
Ask whoever you decide upon how they manage any claims. If they use a claims management company/loss adjuster called Concordia, from personal experience I'd steer well clear
Wasn't your claim for two damaged gearboxes and propeller repairs agreed, paid in full, and expedited by Concordia so you could take part in a offshore cruise?
__________________
solent spence is offline   Reply With Quote
Old 24 October 2013, 04:49   #16
Member
 
Country: UK - Scotland
Town: Glasgow
Boat name: Thunder
Make: Halmatic Arctic 22
Length: 6m +
Engine: 2 x 150 Etec
Join Date: Oct 2008
Posts: 500
I use Bishop Skinner for both boats.

They have dealt with two claims over the years very well, they seemed happy to fight the customers corner.
__________________
GordyP is offline   Reply With Quote
Old 24 October 2013, 04:49   #17
RIBnet supporter
 
Pikey Dave's Avatar
 
Country: UK - England
Town: South Yorks
Boat name: Black Pig
Make: Ribcraft
Length: 5m +
Engine: DF140a
MMSI: 235111389
Join Date: Feb 2008
Posts: 7,594
RIBase
Quote:
Originally Posted by solent spence View Post
Wasn't your claim for two damaged gearboxes and propeller repairs agreed, paid in full, and expedited by Concordia so you could take part in a offshore cruise?
Eventually & only because I did all the chasing, otherwise I'd probably still be waiting.
__________________
Rule#2: Never argue with an idiot. He'll drag you down to his level & then beat you with experience.
Rule#3: Tha' can't educate pork.
Rule#4: See rule#5
Pikey Dave is offline   Reply With Quote
Old 24 October 2013, 06:44   #18
Member
 
Ovey's Avatar
 
Country: UK - England
Town: Portsmouth(ish)
Boat name: Wings
Make: Ribeye
Length: 6m +
Engine: Yamaha F115 AETL
Join Date: Oct 2013
Posts: 615
RIBase
Porthcawl have given me a pretty good quote and their policy uses Agreed Value (not Market Value). The small print seems to make good reading too.

I think I might go with them! Thanks for the recommends everyone.
__________________
Ovey is offline   Reply With Quote
Old 24 October 2013, 07:17   #19
Member
 
steco1958's Avatar
 
Country: UK - England
Town: West Bromwich
Boat name: Ellie V
Make: Excel Voyager 520
Length: 5m +
Engine: Evinrude 75 HP
MMSI: 235 908 287
Join Date: May 2012
Posts: 680
Porthcawl for me also, very good response from all contacts I have had with them

Sent from my iPhone using Rib.net
__________________
A bad day on the boat is better than the best day at work.
https://www.justgiving.com/RIOW2016
https://www.justgiving.com/Richard-Nash8
steco1958 is offline   Reply With Quote
Old 24 October 2013, 08:15   #20
Member
 
Country: UK - England
Town: Isle of Wight mostly
Make: Regal
Length: 6m +
Engine: Mercruiser
MMSI: 235911246
Join Date: Oct 2012
Posts: 188
Ovey, I can give you some more general pointers (this is from me personally as a boater and a buyer of insurance).

Generally all policies have similar coverage, but you need to look carefully at what is excluded or limited (e.g. geographical cruising areas, wear & tear, underwater parts, security & anti-theft requirements, fire precautions etc).

I would take photos of your boat in storage if kept on a trailer, showing clearly the fitted wheel clamps, trailer hitch locks, engine locks, and all other security measures including close up pictures. Also if you move the boat/trailer and store is somewhere else for a short period use your phone to take a couple of quick pictures once it is locked up - only takes 1 minute and hopefully will never be needed.

Should you be a victim of theft or attempted theft, then you have clear photos showing the precautions you have taken. Engine locks are usually always required and it is important to prove they are fitted, and keep receipts for purchase of them. Worth checking what the policy wording says about this and you would be well advised to discuss this with your insurer to verify that all the security devices you are using are accepted by them.

Coverage for machinery items and underwater equipment (inc props) can vary, so worth checking what is provided.

If you intend to leave a trailered boat on moorings overnight unattended then you should enquire about that also, including the amount of time it should be left unattended.

Be alert to areas where thefts are occurring as there can be hot spots. Posts on here and entries on stolenboats are handy to keep aware of. Some places seem to have more reported thefts and may be worth avoiding or taking more precautions.

Valuations for replacement parts, engines and entire boats can vary. An insurer may use the Three Stokes engine price guide, market values, price originally paid, or a combination. So also important to understand if you suffer a loss how would it be dealt with to put you back in the position you were before the incident, and you need to satisfy yourself that you are not under insured. Older outboards can be difficult to replace if an insurer relies upon heavily depreciated 'book' values.

Trailers, engines and personal effects (stuff you would not ordinarily sell with the boat) can be separately listed, so make sure your amounts listed are adequate.

If you have time you could trying speaking with the claims section of whichever insurer you select, and run through the potential scenarios that you may face to see how they would respond in general terms, and that way you can see now if you need to change any kit or ways you do things.

The cheapest possible quote may be a false economy in the long run...
__________________

__________________
solent spence is offline   Reply With Quote
Reply

Tags
rib

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





Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -5. The time now is 20:14.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.