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08-07-2015, 07:53 PM
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#1
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Registered User
Boat name: Red Roar
Boat make: Pantera 24SE
Join Date: Jan 2015
Posts: 25
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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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08-07-2015, 10:27 PM
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#2
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Registered User
Join Date: Feb 2015
Posts: 47
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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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08-07-2015, 10:29 PM
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#3
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Registered User
Boat name: Red Roar
Boat make: Pantera 24SE
Join Date: Jan 2015
Posts: 25
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ok thanks i will try them
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09-07-2015, 09:10 AM
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#4
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Registered User
Boat make: Searay 215EC
Engines: Mercruiser 5.0L
Join Date: Jul 2006
Posts: 68
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Insurance
Try Porthcawl Insurance, they are normally very competitive
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09-07-2015, 12:07 PM
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#5
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Registered User
Boat name: Red Roar
Boat make: Pantera 24SE
Join Date: Jan 2015
Posts: 25
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Quote:
Originally Posted by den
Try Porthcawl Insurance, they are normally very competitive
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ok another one thats good. i am amazed so many wont go near it
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10-07-2015, 07:44 AM
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#6
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Registered User
Country: england
Location: East Yorks
Occupation: Engineer
Boat make: Not decided yet
Cruising area: Sea
Join Date: Nov 2005
Location: East Yorks
Posts: 86
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Just insured my 26 Outlaw with Porthcawl Insurance, very helpful people.
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10-07-2015, 09:15 AM
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#7
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Registered User
Boat name: Red Roar
Boat make: Pantera 24SE
Join Date: Jan 2015
Posts: 25
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ok thanks sounds like they could be a good bet.
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14-07-2015, 04:56 AM
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#9
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Registered User
Boat name: Red Roar
Boat make: Pantera 24SE
Join Date: Jan 2015
Posts: 25
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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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14-07-2015, 01:51 PM
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#10
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Registered User
Join Date: May 2009
Posts: 496
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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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14-07-2015, 09:00 PM
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#11
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Registered User
Boat name: Red Roar
Boat make: Pantera 24SE
Join Date: Jan 2015
Posts: 25
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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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15-07-2015, 09:05 AM
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#12
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Registered User
Location: hayling island
Boat name: snow monkey
Boat make: extreme 24
Engines: mercruiser 6.2
Join Date: May 2004
Location: hayling island
Posts: 2,082
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euromarine in kent
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15-07-2015, 10:30 AM
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#13
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Registered User
Boat name: Red Roar
Boat make: Pantera 24SE
Join Date: Jan 2015
Posts: 25
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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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24-07-2015, 11:58 AM
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#14
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Registered User
Join Date: May 2009
Posts: 496
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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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24-07-2015, 04:02 PM
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#15
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Registered User
Boat name: Red Roar
Boat make: Pantera 24SE
Join Date: Jan 2015
Posts: 25
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clear indication it doesn't fit their profile anymore.
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13-08-2015, 05:02 PM
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#16
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Registered User
Join Date: May 2009
Posts: 496
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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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16-09-2015, 08:37 PM
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#17
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Registered User
Join Date: Aug 2015
Posts: 2
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boat insurance
you could try coleman insurance in Poole Dorset.
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21-09-2015, 11:18 PM
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#18
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Registered User
Country: england
Location: southampton
Occupation: engineer
Interests: lots
Boat make: scorpion 8.1
Engines: 250HO
Cruising area: solent
Join Date: Mar 2004
Location: southampton
Posts: 1,353
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Quote:
Originally Posted by Carl
euromarine in kent
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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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22-09-2015, 02:33 PM
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#19
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Cracker jack
Country: england
Location: hertfordshire
Occupation: Roofer
Interests: boats jetsking
Boat name: Cracker Jack
Boat make: Extreme 21
Engines: 5.7
Cruising area: hayling island
Join Date: Mar 2009
Location: hertfordshire
Posts: 528
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Just got insured with porthcawl bargain extreme 21 350 mag £142.17
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