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Could not agree more Mark.
I gave him Bill Rouses number to discuss. Not sure if they called. Seemed like a reasonable approach.
I’m not the best one to lead this charge, but interested as I’m sure most are in any outcome.
On May 24, 2020, at 2:43 PM, Mark Erdos <mcerdos@...> wrote:
On a side note, if others are tired of this thread, there is a
great feature in this group where topics can be muted. There is a link at the
bottom of each email received.
I looked at
Novamar when renewing our policy a couple of year ago. They made their entrance
into the market by selling mostly west coast sailors policies for Mexico. The agent
I use and trusts talked very highly of them. He has written tons of Novamar
policies. On other forums they are well recommended. We opted not to use them
since their underwriter was wary of Pacific Ocean policies and required a crew
of three on passages over 1,000 nm (prior approval required). In addition at
the time I looked into them they required a full out-of-water survey less than
a year old. This added a substantial amount to the cost of a policy change. Otherwise,
their insurance rates were reasonable.
My 2 cents – if
we are to pursue a group policy, there needs to be a period of enrollment were some
rules are waived to encourage sign-up and minimize the cost of change. Also, an
understanding Amel owners regularly sail passages over 1,000 nm without the
need of crew.
- Cream Puff - SM2K - #275
cruising - Tahiti, French Polynesia
[mailto:main@AmelYachtOwners.groups.io] On Behalf Of Porter McRoberts
Sent: Sunday, May 24, 2020 1:51 AM
Subject: Re: [AmelYachtOwners] Self Insurance
I spoke to My insurance agent Rob at Novamar.
Some of you might know and use them. Specifically they were
open to administering the program. They are reinsurers and have been quite
capable and responsive in my limited interactions. Additionally they are
sailors. Not sure if this would be a way to go.
I am of course interested as well. I think if we’ll done
we’d have tremendous interest.
On May 23, 2020, at 10:38 PM,
karkauai via groups.io <karkauai@...> wrote:
Because we have had very few responses, we think that the uncertainty and
amateurish sound of the initial posts has made people leery, and rightfully
so. Teun (Amelit A54) and Ken (Aquarious SM 2K) have some insurance
knowledge and contacts they think might be able to help us out together a
workable hybrid plan. We are taking this discussion private until we have
something more concrete to present. If anyone else wants to be in the loop as
we discuss options, please let me know by private email.