I totally agree with you Danny.
This is why my lawyer said it was a rip off to start with.
You are paying in good faith a higher premium thinking you are covered, but you are not.
I URGE everybody to read their insurance policies.
Most of you probably never even receive it (I had to ask for mine).
I think as a boating community, if we group ourselves we have a way to make things better.
Example on my insurance policy it says in case of a name storm approaching you have to:
remove anything that offers wind resistance which is: bimini, sails, lazy bags, blade of wind turbine, dinghy, etc. these items must be removed and store inside the boat. As Rafael tragically find out, this also include barbecues. That is why they say “anything” even if not listed...
Then it says the boom must be attached to the deck.
Then you have to close all unnecessary sea cock.
Valuable objects such as electronics must be disassembled and store on land...
Then you have to “triple” the number of normal fenders, dock lines, etc.
IF YOU FAIL TO DO ANY OF THESE, the policy is canceled.
I really implore Rafael to tell his story…
Last week I met a french guy, so we chat, he used to be hired by insurance adjuster to find “anything” on a boat. He said, if there was a fire, the insurance adjuster would hire him to find any electrical welding (if I understood properly), as soon as they find 1, even if it is at the top of the mast, the policy is void and they don’t reimburse.
He said he was disgusted and like many sailor I met now simply has liability.
On Thu, 2/15/18, Patrick Mcaneny sailw32@...
Subject: Re: [Amel Yacht Owners] Amel owner saying goodbye
Date: Thursday, February 15, 2018, 7:15 AM
insurance company based the premiums on the Agreed value ,
and then only will pay out based on what they determine the
market value is, because they don't want you to be
enriched ! Did they not enrich themselves by charging
excessive premiums for coverage they probably never intended
to honor ? This kind of information needs to get out to the
entire boating community through the internet and sailing
magazines . I encourage anyone treated unfairly to relate
their story , if it results in lost business maybe they
will get the message. If 10% of those covered by a company
cancelled and took their business elsewhere and gave the
reason why , it would get their attention. Its sad to lose a
From: Alexandre Uster von Baar uster@...
To: amelyachtowners <amelyachtown
Sent: Thu, Feb 15, 2018 6:34 am
Subject: Re: [Amel Yacht Owners] Amel owner saying
Good morning Danny,
I also have an “agreed” policy (from Helvetia through de
Lassee), BUT as my lawyer told me, this is a rip off as, it
is written on the contrat that the insurance has the right
to challenge the “agreed value” and pay only the market
value because the owner would “enrich” himself if case
of a total loss. (meaning that: if you are reimburse the
agreed value, you would “enrich” yourself getting more
than the market value).
That is what my insurance is doing, so my lawyer ask me to
compile all the invoices for the last 5 years to prove that
1) vessel was better equipped justifying the agreed value,
2) vessel was better maintained (justifying the higher
agreed value) 3) that my expenses were higher than the
So now I have my own adjuster writing a full report with all
We have been working since November on this.
So for anyone thinking they are safely covered with an
“agreed” value, please read your entire policy. If you
want I can show the specific section where what I just
explained is written. That will be in french in my case.
On Wed, 2/14/18, Danny and Yvonne SIMMS simms@...
Subject: Re: [Amel Yacht Owners] Amel owner saying
Date: Wednesday, February 14, 2018, 10:51 PM
I too have been raped by insurers in the past. I now
have a policy with an "agreed Value" . I hope
would help in the case of a write off.DannySM
299 Ocean PearlOn 15 February 2018 at 11:19
"Alexandre Uster von Baar uster@...
I think you need to tell
the Group “your” story about the insurance.
We have the same insurance
Helvetia contracted through de Lassee and I really think
every Amel owner should know the ridiculous excuses they
used to remove 30% of the value of your boat.
It is not “my” place to
tell everybody the way they treated “you”, but I
write mine with all the details when it will be settled.
I am definitely sorry that
your vessel was destroy soon after you purchased her and
not had the joy of sailing her.
On Wed, 2/14/18, rcavie
Subject: [Amel Yacht Owners] Amel owner saying
Wednesday, February 14, 2018, 1:57 PM
friends AMEL ownersProbably this
the last email that I send and I will withdraw from
the group. The reason is that Hurricane
destroyed my Amel SM2k and it will be
impossible for me to
insurance will only pay a fraction of
it would cost me to buy an equal one. Deductibles and
other reasons.This situation not only
ship but my dreams. My dreams
of living on board with my
wife, my dreams
of crossing the Atlantic to the East, my
dreams of sailing the Mediterranean and perhaps other
and finally returning to the beautiful
group I gained friends
and knowledge and
for that, I thank each and every one of
you, especially Eric and Alexandre who from the
helped me with their advice.
you sail to Chile you will have a