It might be help to others to share the company names of those
- Cream Puff
main@AmelYachtOwners.groups.io [mailto:main@AmelYachtOwners.groups.io] On
Behalf Of Bill Kinney
Sent: Friday, January 21, 2022 3:13 PM
Subject: [AmelYachtOwners] Insurance Comparison
We have found that the number of insurance underwriters is
(slowly!) growing again after so many beat a hasty retreat from the market
after the disaster that was the 2019 hurricane season in the Caribbean.
We are especially difficult customers since we live aboard full time, are USA
flagged, and have no fixed home port. But we did manage to get at least
two new quotes this year. Unfortunately, one was prohibitive in cost, and
the second, while apparently price competitive, was, to our standard, a terrible
policy. We do have one more iron in the fire, but at this point it looks
like we will be sticking with our current underwriters as the best value,
albeit not cheap.
You can see our evaluation here: https://fetchinketch.net/boat_thoughts/insurance-good-bad-and-ugly/
We have deliberately avoided using names in this discussion. Policies are
highly individualized, and the same company might quote you something very
different than they did us. This is more about letting you know what to look
for when you read a policy. The last thing you need is to find out that your
coverage is way more restricted than you thought AFTER you have a claim...
Hollywood, FL, USA