Re: Self Insurance
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Brent, Thank you for that great offer. It would be a great way to determine interest AND to find out claim information for the last decade or two. It could also be presented to insurance companies if we ask about group coverage.
Initially, poll questions might include:
2. Hull Number
3. Year boat built
4. How long owned by current owner
5. Cruising experience
*Nautical Miles Sailed
*Cruising ground in past
*Future Sailing Plans
6. Last Out of Water Survey
7. Any Insurance Claims
*Amount of claim
8. Are you interested in participating in a group insurance plan or a self-insured plan for members only?
Anything else we should ask?
Even if some owners are not interested, please complete the poll. Your personal information would not be revealed if that was requested.
Thanks again, Brent. Contact me personally while we design the poll.
I don't do Facebook, anyone like to volunteer to steer those folks to this poll?
On May 18, 2020 8:56 AM, "Patrick McAneny via groups.io" <sailw32@...> wrote:
This is a rough outline of a self insurance or shared risk co-op, that I sent Kent and thought I would share with the group. It was prompted by the hassle I have had with obtaining insurance, the restrictions and expense. Bill suggested self insuring and just buying liability insurance, however in the event of a total loss, it would be a big financial hit, that I could not afford. However, if I could share that risk with even ten others or better yet many more, it would soften the loss. When you consider how few Amel's have been lost outside of a hurricane zone, the risk seems very low, and yet we need to insure against such a great financial lose.