I too am ECMYIA insured. VIVEZA has been on their books for some 40 years. This was something I much anticipated having looked at the accounts and read between the lines on their reports over the past couple of years. In my view, a very sensible decision by the committee to wrap up now; the business model was not sustainable. We members of the mutual association may get a small payout.
I have asked for a quote from: http://www.simonwintermarine.co.uk
I'll let you know the response. Simon recommended a company called Basic Boat Liability Cover for 3rd party only insurance. I cannot find them on the web. So far. Too many adverts in the way when I put in those search terms. I'm thinking I may go third party only. If you do that you must get removal of wreck recovery. Sink in the Solent and it will cost you as the environmental police will want the boat raised.
To be fair Crispin, I don't think there's much risk anywhere within reason. It's one of those things, very low risk but very high consequences.
I've just been quoted for third party only insurance by pantaneous for 190. They want photos of the boat, but nothing else (perhaps I should direct them to my channel.... Perhaps not). They didn't even quote for Hull/contents cover, and it's for anywhere in Europe basically, though not the azores... Which may be a problem this year 😊
Simon Winter have quoted me £266.71. Value - an optimistic £20K. This covers a decent channel Cruising Ground - EU Waters between Elbe and La Rochelle. Also Eire. I'm covered single-handed with no restrictions about sailing time or daylight hours. That's good. There's a 25% no claims bonus allowed for in the premium.
That's about what I was paying before with an upside that the single-handed cover is unrestricted. Downside is I need an out of water survey...and one in five or seven years time. Boat is out of the water now.
For Biscay I need at least 2 Adults and [I think it reads] that any crew must be experienced.
PS How much should I expect to pay for a survey?
I 'phoned Pantaenius a couple of days ago and I am waiting for a quote to arrive by post.
A "full out of the water condition survey" will be required and there is no objection to it being carried out abroad, but the report must be in English.
I asked about single-handing and was told that with my level of experience and provided I don't race, there shouldn't be a problem; which seems rather vague as there is only my word for it that I have any experience at all!
And you'll need a survey.
The issue we have is that the insurance is a percentage of the value of the boat. With relatively low value boats, compared to a Beneteau at say £50k, much of the cost is in administration.
The cost has also probably doubled because you will be in the EU whilst we may not be. Have you thought of a French Insurer?
Stephen Moorey said
I thought Pantanious required a recent survey?. I seam to recall a quote recently that required a survey within the last 10 years and you had to confirm all the recommendations had been carried out. Ill have a read on YBW regarding the above.
I have just had a quote from Pantaenius:
Hull Insurance: £379.50. Third Party Liability Insurance: £51.66. Personal Accident Insurance: £49.50. Legal Expenses Insurance: £10.00. Insurance Premium Tax: £58.88 Total Premium: £549.54.
(My last premium from ECMYIA was £229.03. I think Personal Accident and Legal Expenses insurance were not offered).
Pantaenius requires a 'full out-of-water condition survey'.
Ok I got a quote from GJW direct a couple of months ago that was for the princely sum of £160.00. However and I think it very reasonable you require the following.
Thank you for your email. Unfortunately if you do not have a survey we are unable to indicate terms. Any terms we do offer would have the following condition precedent:
You agree that the Vessel has a full out of water survey (carried out within the last 10 years) by a qualified marine surveyor and all the surveyors recommendations have been carried out.
So for those that have a survey within the last 10 years and can agree with the above statement it is a good fit. of course the quotation may well change depending on your proposed use and other requirments.
Having been with the same insurance company for years, without claims, they last year tried to massively shorten the allowed length of the season afloat. Then this year, they nearly doubled the premium for no obvious reason. We have a survey from 2013 which was favourable, but which was considered out of date! So I did quite a bit of phoning around and got several quotes. Most said with a more recent survey the quote would be reduced. In the end I went for https://www.simonwintermarine.co.uk/ who specialise in classics. Good friendly service and competitive price (way cheaper than Panteneus or the RYA member discount with Bishop Skinner). In spring I will get another survey (once I've got in-date fire extinguishers, flares, gas hose and a newly serviced life raft) and then I can shop around again at the time or 2020 renewal.
I have just accepted a quote from Noble Marine via this broker:
WG Yachts, 4 Marlborough Mews, Banstead, Surrey. SM7 2GJ
Tel: +44 1737 552885
Mob (UK) + 44 7799 885236
Mob (Greece) + 30 694 0981022
Richard Walton-Gould has been very helpful in finding an insurer (Noble Marine) who does not require a survey. Completion of a self-certification form and two recent photos is all they require.
The premium is 28% less than my last with ECMYIA and the specified cruising area is greater (Elbe to San Sebastian). The excess is £200.
Third party liability is £5 Million. Personal Accident cover is up to £20,000 and Medical Expenses up to £5,000. I did not opt for Personal Effects cover.
Unlimited No Claims Bonus Protection is available for an extra fee.
He already has a couple of Twisters on his books and he also arranged the insurance for the round-the-world, single-handed yachtswoman, Jean Socrates.
If you contact him, please mention my name.
I'm with Navigators&General.
Fully comp agreed value 22K was £375 for the year starting in June. That included the trip to Valencia including Biscay but with 2 experienced crew lol! and Western Med cruising grounds. Max 24hrs single handed hehehe.....
Be interesting next year. UK reg boat in EU with UK citizen owner resident in Switzerland.........
Sea Miste has been insured since 1993 through the broker Richard Walton-Gould of WG Yachts with various underwriters. (firstname.lastname@example.org). The service he gives has been excellent. The only claim we had years ago was handled extremely well by him for us. Last year the premium was £375 with a value of boat, dinghy and outboard of £26000. A bit of a high valuation now that the tender and motor are old, but this year the renewal was £450 so I may have to think again next year. We have only been asked for two insurance surveys over the 26 years. I did look around the market this year but the quotes were high and it all seemed very impersonal.
WG Yachts quoted us £300 for Crionna based in the Baltic. No survey, (self declaration of condition required) but value limited to £20k. Seemed like a reasonable compromise considering the practical difficulties of getting a survey out there etc. The insurance is ultimately underwritten by RSA (Royal and Sun Alliance) so should be OK. Richard at WG was most helpful as witnessed previously in this thread.
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