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Old 08-07-2015, 07:53 PM   #1
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powerboat insurance

anyone know where i can get insurance for a boat that will be doing about 65/70 mph.
GJW wont insure me as the boat is too fast
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Old 08-07-2015, 10:27 PM   #2
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Ye I had the same issue mine is with noble marine I think it's called

Si
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Old 08-07-2015, 10:29 PM   #3
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ok thanks i will try them
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Old 09-07-2015, 09:10 AM   #4
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Thumbs up Insurance

Try Porthcawl Insurance, they are normally very competitive
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Old 09-07-2015, 12:07 PM   #5
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Try Porthcawl Insurance, they are normally very competitive
ok another one thats good. i am amazed so many wont go near it
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Old 10-07-2015, 07:44 AM   #6
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Send a message via ICQ to Kieron
Just insured my 26 Outlaw with Porthcawl Insurance, very helpful people.
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Old 10-07-2015, 09:15 AM   #7
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ok thanks sounds like they could be a good bet.
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Old 14-07-2015, 01:21 AM   #8
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This topic was covered a short while ago and there was some very good advise from Ian Toll as I have had the same problem. (see link below)

http://www.boatmad.com/forum/f34/ins...oat-26033.html
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Old 14-07-2015, 04:56 AM   #9
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i have to say that dealing with GJW has been somewhat strange, although still friendly. They said originally that they wouldnt insure it as it didnt fit their profile. i pointed out that this was odd as they insured it with the previous owner. i was then offered insurance that was priced to a point where it is clear they dont want to insure it.
it had a £750 excess and when i say the price meant they didnt want to insure it, i mean they REALLY didnt want to insure it.
it might be under new management or something and this isnt their risk sector for new clients.
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Old 14-07-2015, 01:51 PM   #10
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I suspect they have had a large claim involving a fast 25 ish foot boat, I did wonder if they had insured the old P1 Cougar race series where a lot of boats capsized and some sunk or the new P1 Panthers where there was a fatality I believe.

I find it strange as they are usually more accident with novices jet ski's, and small high power speed boats. Or may be they are just not insuring sports boats anymore.

My insurance is up for renewal in August so will be interesting what they come back with, however they did make it clear they would not be renewing it.

Think I will be getting a surveyors report done and trying Porthcawl Insurance
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Old 14-07-2015, 09:00 PM   #11
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well so far porthcawl have been the most forthcoming i have to say. sadly it is indicative perhaps of a trend towards anyone new taking insurance and that generally means an ongoing increase for existing policies.
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Old 15-07-2015, 09:05 AM   #12
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euromarine in kent
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Old 15-07-2015, 10:30 AM   #13
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thanks to everyone that contributed. By a long way the most sensible and easy to deal with were Porthcawl. it was painless. thanks to those that suggested them.
sent a simple mail describing the situation
i got a quote the following day.
i asked for some changes.
got that the following day.

why others seem to treat me like i was in possession of WMD was beyond me.
i got it for £450 with an introductory discount that will go down each year with a NCB. pretty fair for the type of boat.

GJW were £750 and had a number of inclusions and exclusions that would have ended with it being twice the porthcawl price. clearly not fitting their profile for new business i guess.

as bunnies go in general, i am now a happy one
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Old 24-07-2015, 11:58 AM   #14
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GJW refused renewal

Just received my refusal from GJW to renew my boat insurance stating:-

"Our underwriter have declined to offer renewal terms due to the make and model of the vessel. This boat is outside of our underwriting criteria"

Well at lease they have given me a reason now and not just "we don't insure boats like the picture on Cougars web site" as the explanation received last year.

Well off to Porthcawl Insurance might get a marine survey first.
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Old 24-07-2015, 04:02 PM   #15
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clear indication it doesn't fit their profile anymore.
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Old 13-08-2015, 05:02 PM   #16
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Porthcawl Insurance

Just changed insurance from GJW to Porthcawl Insurance.

What a super company to deal with, they agreed a value without surveyors report and were considerably cheaper.

And for an extra £10 got full legal cover too, no brainer really.

Many thanks Porthcawl Insurance
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Old 16-09-2015, 08:37 PM   #17
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boat insurance

you could try coleman insurance in Poole Dorset.
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Old 21-09-2015, 11:18 PM   #18
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euromarine in kent
I insured with them for years. 1st sniff of a claim, and I contacted them for advise. The council sprayed the boat with grindings.... Their senior was put on the phone and immediately said, as I had washed the boat to check the damage, all claims would be denied.
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Old 22-09-2015, 02:33 PM   #19
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Just got insured with porthcawl bargain extreme 21 350 mag £142.17
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