Wooden boat insurance?

[Al Watts]

‘Any suggestions of best wooden home built boat insurers? I’m getting a lot of “we don’t insure homebuilt or wooden boats,” despite having a professional boat survey.

[wizbang 13]

Re: Wooden boat insurance?

Repeat after me and watch the swinging watch.... My boat is not wood.My boat is composit...Myboat is not wood...My boat is composit.
as far as homebuilt...pick up a fifty dollar derelict the same length as yours and "absorb" his HIN .
Oh , this gets you out of the HIN runaround too.
win win win

[Mark0]

Re: Wooden boat insurance?

Having a survey done by the suggested accredited surveyor by the broker ended up in a "fantastic boat, well built, but sorry we can't insure". The industry is going to kill itself.

[Dave Hadfield]

Re: Wooden boat insurance?

Having a survey done by the suggested accredited surveyor by the broker ended up in a "fantastic boat, well built, but sorry we can't insure". The industry is going to kill itself.

I've never had any problem insuring Drake III, here in Canada, since we bought her in 1999.

...touching... cypress.

[Mark0]

Re: Wooden boat insurance?

We got insurance without too much pain, but it is a pain contacting brokers, and not knowing which underwriters they work with. We had multiple "sorry no" from the same underwriter... Just went through this again, as we are moving to the East coast this summer and our broker didn't have a footprint out there. It seemed easier dealing with the insurance broker from the East coast, I suppose they know a bit more about boats.

[tomtoledo]

Re: Wooden boat insurance?

Try Chubb.

[Andrew2]

Re: Wooden boat insurance?

Just had this on my little 17ft Bolger derivative. After asking a couple of UK places, but a 'no' as I don't live there. I tried Panteanious, who are German, but have an office in Monaco. (That sounded scarey...)
Came straight back with a cheap quote for 3rd party (what I need here, as obligatory) without a survey.
My little Oughtred fearing as insured by my French outfit. BUT, it kept on increasing to 5X over ten years, no claims. The newboat is bigger etc but the quote is half what they wanted for the smaller boat until I told the old company to get lost.

I must be the ideal customer. I have never claimed on any insurance policy. House, car, or boat. But, now I have mentioned it, likely tomorrow will bring doom.

[Ian McColgin]

Re: Wooden boat insurance?

I got liability insurance on my Master License to cover damage or injury I might inflict others and bore damage to my own boat myself.