Craig,

I think the remarkable part of the Pantaenius requirements is the fact, in my opinion,  it would be impossible to meet the requirements anywhere in the Carib. When I first read these changes as a part of our policy, I inquired as to where in the Carib they felt I could meet the requirements and wondered if they had specific boat yards in mind when they wrote the specs. I never heard back from them regarding this. It would seem logical to me if they are to have such specific regulations in terms of meeting the policy requirements they would have at least a couple of places in mind where they had done some reconnaissance to help their members comply. But, I guess not.

We have heard good things about Geico, however they coverage geography is limited. Look into Novamar. Novamar uses Geico as an underwriter, along with other big names. They are A-rated. They have an easy to read policy, reasonable rates and none of the stupidity of Pantaenius.  Here is a broker who can help with a quote (or you can get one online):

Chris Boome Insurance Agency

LIC# 0A99058

751 Laurel Street #216

San Carlos, CA 94070

O: 650-517-3160  C: 650-464-0728

WWW.CHRISBOOME.COM

E-mail: chris@...

https://www.novamarinsurance.com/

Hope this helps.

With best regards,

Mark

Skipper

Sailing Vessel - Cream Puff - SM2K - #275

Currently cruising - San Blas Islands, Panama

www.creampuff.us

Some recent posts discussed Pantaenius coverage for east US and Bahamas with respect to the hurricane season - here's an update (spoiler alert: no change).

We just received offers for renewing our Pantaenius policy as of April 30, 2019:
Option 1: $2,287 premium for $185K agreed value with $5K deductible, $500K Indemnity; boat North of 30.5°N (Florida) from July 15 to Nov 15;
Option 2: $5,192 for same coverage; boat North of 21.0° N (Includes Bahamas), If south of 30.5 between July 15 and Nov 15, that is, in Florida or the Bahamas, a Named Tropical Storm (NTS) deductible applies of $37,000 and you must comply with their NTS Plan of 1. being hauled with unitized cradle or hurricane pit with 5000 pound blocks etc.,or 2., stored inside a Cat 4 hurricane building or 3.between fixed concrete piers or 4. being moved out of the way of the NTS. No coverage if the NTS Plan is not followed.

Noteworthy is that Lighting damage now has a deductible of 5% of Hull Value if, under Option 1, in Florida from June 1 to July 14 or Nov 1 to 30, or, under Option 2, from June 1 to Nov 30.

Bottom line, if you want year around coverage for Florida and/or the Bahamas, Pantaenius USA's rates are breathtaking. I'm shopping and have found Geico (Boat US) offers a competitively priced product.

Cheers, Craig  SN68 SANGARIS, Delray Beach, FL