Reply
 
Thread Tools Search this Thread
 
Old 16 April 2005, 11:17   #1
Member
 
Country: Ireland
Town: Dublin.
Boat name: Tender 2.
Make: Valiant DR 600
Length: 6m +
Engine: 150 Optimax
MMSI: coming soon !
Join Date: Oct 2002
Posts: 443
Rib insurance... How much ??

I have been quoted 490 euro for insurance for the rib Three million 3rd party, 2380 euro underwater machinery cover and an excess of 350 euro on the hull. How does this sound to you UK guys ? Or have the Irish guy's any input ?
__________________

__________________
Fast... Very feckin fast please.
Scotty is offline   Reply With Quote
Old 16 April 2005, 14:45   #2
Member
 
Country: Ireland
Town: Dublin.
Boat name: Tender 2.
Make: Valiant DR 600
Length: 6m +
Engine: 150 Optimax
MMSI: coming soon !
Join Date: Oct 2002
Posts: 443
21 feckin views and not one reply by 20.44 ! What gives ? Is insurance a secret in the UK ?
__________________

__________________
Fast... Very feckin fast please.
Scotty is offline   Reply With Quote
Old 16 April 2005, 15:45   #3
Member
 
Country: UK - England
Make: Avon Searider
Length: 4m +
Engine: Yamaha 50
Join Date: Jan 2004
Posts: 5,680
I got a quick quote for you, based on your RIB being worth 20k, with 250 excess etc etc. 376 I belive it was. Who do you use over there?
__________________
Tim M is offline   Reply With Quote
Old 16 April 2005, 15:57   #4
Member
 
Country: UK - England
Make: Avon Searider
Length: 4m +
Engine: Yamaha 50
Join Date: Jan 2004
Posts: 5,680
Hang on, your an insurance broker, surly you must be able to find yourself a good deal!
__________________
Tim M is offline   Reply With Quote
Old 16 April 2005, 16:04   #5
Member
 
Country: Ireland
Town: Dublin.
Boat name: Tender 2.
Make: Valiant DR 600
Length: 6m +
Engine: 150 Optimax
MMSI: coming soon !
Join Date: Oct 2002
Posts: 443
Quote:
Originally Posted by Tim M
Hang on, your an insurance broker, surly you must be able to find yourself a good deal!

I'm only licensed to sell life and investment products .The quote I got was from an Irish marine broker but insured with "Groves John & Westrup (Bordereau)" whoever they are ! Value of my rib =20,000 euro.
__________________
Fast... Very feckin fast please.
Scotty is offline   Reply With Quote
Old 17 April 2005, 02:22   #6
TIM
Member
 
Country: Ireland
Town: Dublin
Boat name: WIZARD
Make: REDBAY 7.4
Length: 7m +
Engine: OPTI 225
Join Date: Aug 2002
Posts: 417
we use to be with them on the Hysucat and it was 635

Just got the Redbay insured , faster boat and twice the value ofor 475 with Haven Knox Johnson ... through Aqua Broker in Galway inc luding underwater cover , all water toys etc .... 500 excess, no limit on underwater cover
__________________
NOT THE SHARPEST KNIFE IN THE DRAWER
TIM is offline   Reply With Quote
Old 17 April 2005, 03:09   #7
Member
 
Country: Ireland
Town: Dublin.
Boat name: Tender 2.
Make: Valiant DR 600
Length: 6m +
Engine: 150 Optimax
MMSI: coming soon !
Join Date: Oct 2002
Posts: 443
Thanks Tim. They were to come back to me after the boat show buyt never did. I will chase them tomorrow.
__________________
Fast... Very feckin fast please.
Scotty is offline   Reply With Quote
Old 17 April 2005, 10:40   #8
Member
 
Country: Ireland
Town: Carigaline/Baltimore
Boat name: XS-600
Make: XS-Ribs
Length: 6m +
Engine: Merc Optimax 150 XL
Join Date: Feb 2004
Posts: 682
Scotty, Have the same setup as yourself (6m/150 Optimax). We insure ours with Euromarine (Norwich Union) for 475. Includes all year round cover and underwater damage cover up to 10,000. Total insured value of RIB & tender: 36,000
__________________
Steve G
If In Doubt, Go Flat Out!!
swginn is offline   Reply With Quote
Old 18 April 2005, 17:49   #9
Member
 
Country: Ireland
Town: Dublin
Boat name: Platypus
Make: Parker 630
Length: 6m +
Engine: 1.7 Mercruiser DTI
Join Date: Aug 2004
Posts: 130
Me too!!

I'm with euromarine too - similar to Steve's.

What did Allianz quote?? I thought they were pushing Marine at the Boat Show???

Ian
__________________
IanE is offline   Reply With Quote
Old 19 April 2005, 03:39   #10
Member
 
Country: Ireland
Town: Dublin.
Boat name: Tender 2.
Make: Valiant DR 600
Length: 6m +
Engine: 150 Optimax
MMSI: coming soon !
Join Date: Oct 2002
Posts: 443
Quote:
Originally Posted by IanE
I'm with euromarine too - similar to Steve's.

What did Allianz quote?? I thought they were pushing Marine at the Boat Show???

Ian

Allianz were the main sponsor of the Irish boat show.... BUT they dont insure ribs Tossers It's like having a dog and doing the barking yourself.
__________________
Fast... Very feckin fast please.
Scotty is offline   Reply With Quote
Old 19 April 2005, 04:02   #11
CJL
Member
 
CJL's Avatar
 
Country: UK - England
Town: London
Make: Ribcrafts
Length: 5m +
Engine: 150hp/2x115hp
MMSI: 235090215
Join Date: Oct 2002
Posts: 2,153
RIBase
Send a message via Skype™ to CJL
Quote:
Originally Posted by Scotty
21 feckin views and not one reply by 20.44 ! What gives ? Is insurance a secret in the UK ?
Its another thread about insurance thats why!
__________________
CJL is offline   Reply With Quote
Old 19 April 2005, 04:13   #12
Member
 
Country: Ireland
Town: Dublin.
Boat name: Tender 2.
Make: Valiant DR 600
Length: 6m +
Engine: 150 Optimax
MMSI: coming soon !
Join Date: Oct 2002
Posts: 443
Quote:
Originally Posted by CJL
Its another thread about insurance thats why!
Yea but my abuse to the viewers worked
__________________
Fast... Very feckin fast please.
Scotty is offline   Reply With Quote
Old 19 April 2005, 04:38   #13
CJL
Member
 
CJL's Avatar
 
Country: UK - England
Town: London
Make: Ribcrafts
Length: 5m +
Engine: 150hp/2x115hp
MMSI: 235090215
Join Date: Oct 2002
Posts: 2,153
RIBase
Send a message via Skype™ to CJL
Very true!!
__________________
CJL is offline   Reply With Quote
Old 19 April 2005, 06:13   #14
Member
 
Country: Ireland
Town: Enfield, Co Meath
Boat name: no name
Make: Zodiac Pro
Length: 6m +
Engine: Suzuki 115
Join Date: Sep 2004
Posts: 120
Send a message via AIM to lc0021 Send a message via MSN to lc0021 Send a message via Skype™ to lc0021
Quote:
Originally Posted by Scotty
Allianz were the main sponsor of the Irish boat show.... BUT they dont insure ribs Tossers It's like having a dog and doing the barking yourself.

They gave me a quote after the boat show... it was double the Euromarine quote... like 800 euro vs 370...
__________________
lc0021 is offline   Reply With Quote
Old 19 April 2005, 14:15   #15
Member
 
Country: Ireland
Town: Ireland
Boat name: Ally Cat
Make: Several
Length: 6m +
Engine: Several
Join Date: Oct 2000
Posts: 333
Allianz

I would have expected about 300 !

Allianz do insure RIBs here in Ireland but they are insisting on ISA Level 2. They have been referring quite a few people to us for training lately.

Give me a shout if you like on 087 2 111 222. I can refer you to a few brokers over here who specialise in Marine Insurance,

Best wishes,

Stuart
__________________
Stuart McNamara
Club Powerboat.ie
www.powerboat.org
Powerboat is offline   Reply With Quote
Old 19 April 2005, 14:18   #16
Member
 
Country: Ireland
Town: Dublin.
Boat name: Tender 2.
Make: Valiant DR 600
Length: 6m +
Engine: 150 Optimax
MMSI: coming soon !
Join Date: Oct 2002
Posts: 443
Quote:
Originally Posted by Powerboat
I would have expected about 300 !

Allianz do insure RIBs here in Ireland but they are insisting on ISA Level 2. They have been referring quite a few people to us for training lately.
TOSSERS !!! (Allianz not you) I will call them again. I am level 2... Your loyal staff trained me
__________________
Fast... Very feckin fast please.
Scotty is offline   Reply With Quote
Old 19 April 2005, 14:20   #17
Member
 
Country: Ireland
Town: Ireland
Boat name: Ally Cat
Make: Several
Length: 6m +
Engine: Several
Join Date: Oct 2000
Posts: 333
I know !!!

That's why I'm still minding you !!!!

Stuart
__________________
Stuart McNamara
Club Powerboat.ie
www.powerboat.org
Powerboat is offline   Reply With Quote
Old 19 April 2005, 14:41   #18
Member
 
Country: Ireland
Town: Ireland
Boat name: Ally Cat
Make: Several
Length: 6m +
Engine: Several
Join Date: Oct 2000
Posts: 333
Just noticed that Allianz Ireland are actually advertising RIB Insurance on www.rib.net home page !!

Stuart
__________________
Stuart McNamara
Club Powerboat.ie
www.powerboat.org
Powerboat is offline   Reply With Quote
Old 19 April 2005, 18:24   #19
Member
 
Country: Ireland
Town: Dublin
Boat name: Platypus
Make: Parker 630
Length: 6m +
Engine: 1.7 Mercruiser DTI
Join Date: Aug 2004
Posts: 130
An opportunity

Maybe you should branch out into Marine Insurance....you could give yourself a substantial discount
__________________
IanE is offline   Reply With Quote
Old 20 April 2005, 12:42   #20
Member
 
Country: Ireland
Town: Ireland
Boat name: Ally Cat
Make: Several
Length: 6m +
Engine: Several
Join Date: Oct 2000
Posts: 333
Scary Story !!

Hi Luke,

I made a few calls today and by coincidence we have just taken delivery of a new Parker Ally Cat with full bells and whistles as an Advanced Training Boat for the School - worth 45 K.

Our broker who is as shocked as I am came to me today with a quote for 1400 through Allianz who we have been with for 10 years with no claims!!!!!

He explained that a private user would be paying more and that the low cost reflected our " extensive experience " !!!!!

I have asked our broker to come back with a different quote !!

I called Allianz direct today . It took 20 minutes to get through to be told that there was no marine guy there and that they would call me back at 11.

No call back so I rang 4 times this afternoon before getting through at 4 .30 after 20 mins on hold.

The lady who answered said we dont insure boats over 17 knots.

But says I, You refer people to us for training before you will insure them and you have an ad for RIB insurance ( a google ad) on RIB.Net. "Hold" says she ........and disappears Then I got cut off after 5 minutes....

Maybe they will call me back tomorrow !!

In the meantime I now welcome advice on UK Insurance or feedback from the other Irish guys here who I felt were being ripped off at 500 quotes !!

I do know that clients were insuring new 50k RIBs last year for 300. My feeling is that the predominant factor is the value rather than the power of the boat...However, that said, I know that other clients here are paying less than 500 for Shannon Cruisers worth 150 K

Looks like Fast water Craft ( a new legal definition here in Ireland since the 2004 Fast Craft Legislation arrived) are the new Pariahs, Insurance wise.



Stuart
__________________

__________________
Stuart McNamara
Club Powerboat.ie
www.powerboat.org
Powerboat 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 -5. The time now is 21:17.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.