SIB Insurance - Compulsory?

Flamair · 08 June 2016, 07:33

Hi All

I'm about to get cracking with my 3.1m Yam and 8hp outboard. I've been looking round at insurance, in particular 3rd party cover. However, in the past (admittedly getting on for 20 years ago) we never bothered with any kind of insurance for a dinghy and 4hp outboard. What 's the situation now? Is it compulsory to have such 3rd party insurance? I'm assuming it depends on the location you're launching from. However, I can see the sense in it, especially in these compensation driven times.

Anyone recommend any insurers that will cover a 3.1 Yamaha inflatable and 8hp engine without extracting blood from me?

Many thanks

Ian

Stigomery · 08 June 2016, 07:50

English and possibly Welsh inland waterways require insurance, Scottish and the great wide ocean do not... ish/in general... but someone will likely correct me if I'm wrong...

I'm with Craftinsure, was about £60

English/Welsh inland waterways also usually require a permit.

Max... · 08 June 2016, 08:04

Not compulsory for most use but what else are you going to do if a swimmer pops up in front of you and you chop his leg off?

As above many of us on here use Craftinsure.

Stigomery · 08 June 2016, 08:27

Quote:

Originally Posted by Max...

Not compulsory for most use

When I was inquiring about river/lake licenses in England they all asked me for proof of insurance - maybe I was unlucky, but they did all state a requirement. (as well as boat safety which we don't qualify for)

Max... · 08 June 2016, 08:29

Ahh, sorry - presuming that most use their boats at sea.

As you say many rivers and lakes will require it as do some slipways regardless.

Fenlander · 08 June 2016, 09:04

Ian like others above and many more sibbers I use Craftinsure online. For your outfit it may just be under £50 which seems fair value to me.

Flamair · 08 June 2016, 09:50

Quote:

Originally Posted by Fenlander

Ian like others above and many more sibbers I use Craftinsure online. For your outfit it may just be under £50 which seems fair value to me.

Absolutely right Fenlander 49 quid was their quote.

Gentlemen, as ever I'm grateful for your help. I'll get sorted with Craftinsure .

One last thing. Do Craftinsure allow you to purchase online and print documents off etc?

Thanks again all.

Ian

jeffstevens763@g · 08 June 2016, 10:16

i use porthcawl £60 for £6,000 cover.

Stubber · 08 June 2016, 11:08

Using the upper non tidal Thames you have to fill in licence form and agree that you have insurance, they did not ask for proof or any policy number

esoxuk · 08 June 2016, 11:16

I'm just sorting a new 30 day explorer from the Canals and Rivers Trust. They can only be bought online now and the form requires an insurance company name and policy number before it advances to the next stage of purchase.
So they have now stitched up any loopholes to get around not being insured.
All of the Yorkshire coast 'official' launch points need to see your insurance before letting to out, so unless you can find a nice easy launch point that suits your needs then you are scuppered again.

Fenlander · 08 June 2016, 11:51

Ian part of the Craftinsure saving is that you do it all online and print your own docs. I happen to have a cheap laminator so laminate a copy of the cert and carry it with me.

jeffstevens763@g · 08 June 2016, 18:26

Quote:

Originally Posted by Fenlander

Ian part of the Craftinsure saving is that you do it all online and print your own docs. I happen to have a cheap laminator so laminate a copy of the cert and carry it with me.

me too in the elasticacted pocket on the console

solent spence · 08 June 2016, 18:35

No brainer really at circa £50, especially as the litigious playing field involving 3rd party accidents has moved on significantly over the last 20 yrs you reference.

ShinyShoe · 08 June 2016, 18:59

For a wee boat like that with a small motor you can get 3rd party only cover for about £20.

https://www.newtoncrum.com/Insurance/Powercraft

Flamair · 08 June 2016, 20:34

Quote:

Originally Posted by ShinyShoe

For a wee boat like that with a small motor you can get 3rd party only cover for about £20.

https://www.newtoncrum.com/Insurance/Powercraft

Thanks for that info. Had a look but the propsal form asked if the craft could exceed 12 knots. My guess is it will easily do so with one adult aboard, probably with two also.

I'll look into it, but think I'll go for a fully comp. policy, rather than just the 3rd party cover..

Thanks as ever chaps, your advice and thoughts are much appreciated.