Boat Insurance

[Statler]

Hi all,
Boat insurance is up for renewal and its increased quite a bit from last year and am looking at alternatives.

I've been looking at an insurance product being offered by Boatsmart Assure. They are partnered with McLean & Dickey and underwritten by Lloyd's of London. There product for "declared value" is about 25% less than what I have been paying. No local offices but it seems pretty good.

Anyone have any experience with them? Sure would appreciate any comment on anyone's experience with them.

Thanks,

 

[Whole in the Water]

I go to Christie Phoenix in Saanich. They have a deal for SVIAC members. I got my full replacement policy that covers me up to 25 miles offshore for less then $580 for the year.

 

[Reel Gone]

I second Christie Phoenix, been with them for 5 years and all good, however I have not needed to use it....knock on wood

 

[esora]

Not sure where you are but Hatton insurance in Duncan, will do their best to get you what you need. Will shop pricing too. 250 597 2899. Worth a phone call.

 

[Dencope]

I had a good experience dealing with

Coastal Community Insurance Services (2007) Ltd.
Phone: 1-888-741-1010

Supposedly they just took on a new department to handle just their marine department. I didn't really shop around because they were so helpful and to insure my boat up to 15k plus 10 k for personal items and electronics it cost $350/year. I believe it also covers a free tow from basically anywhere in BC. Check em out and let me know what you think. The lady I dealt with was from Campbell River originally and knew exactly what I was looking for. Her name was Vicki.

Good luck.

 

[KV1]

Beacon. Hub insurance. Didn't go up a penny since last year

 

[dmurph]

I go through hub and coast underwriters. They have been very good to deal with. I have had a few unfortunate claims. New motor and leg. I would call hub.

 

[Ringo]

I've been using Dolphin Insurance for the past 3 years and have never needed to make a claim (knock on wood!) but from what you guys are posting on this forum, I think I'm paying a high premium for my coverage. Maybe I should shop around for a better deal. Any recommendations for a good insurance company on the mainland?

 

[Franko Manini]

Christie-Phoenix. Just going to renew with them today!

 

[NootkaSounder]

Was with beacon for first year and the woman was just a cow and I thought the rates were steep.

I just resigned today with christie phoenix...Tara parr is the woman I'm dealing with for the 2nt year running. My rates went down and my policy got better! I was recommended to her by a family friend. I'm paying 480 now

 

[ziggy]

It's that time of year and I'm searching for a new insurer. Currently I have my boat on my house policy through BCAA. I got a new kicker recently and was told that the difference in value results in another 37 bucks a year. Seems steep to me so I thought I might check out alternatives.

Don't want to get into the annual inspection mode which eats up any savings. Any suggestions?

 

[Barman]

Recently shopped around for insurance on my new boat. Best quote I got locally
here in Kamloops was with Hub. Thanks to this forum, I gave Christie-Phoenix in Saanich a chance to beat it. Well they did, by over 300 a year. Tara Parr was super efficient and great to deal with.

 

[Nakoda boater]

I go to Christie Phoenix in Saanich. They have a deal for SVIAC members. I got my full replacement policy that covers me up to 25 miles offshore for less then $580 for the year.

Can a person get coverage greater than 25 miles offshore?
Is the "25 miles" as the crow flies??

 

[Tidal Chaos]

Can a person get coverage greater than 25 miles offshore?
Is the "25 miles" as the crow flies??

My Beacon policy covers me up to 200 miles from the beach and in US waters. It is steep for pricing but some policies only cover up to 25 miles, so make sure you guys ask the question when getting your policies if you think you need to go further from the beach.

 

[tinboatrobb]

We use beacon.

 

[scott craven]

We use beacon.

Does it cover you 25 miles off shore Robb ?

 

[Nakoda boater]

My Beacon policy covers me up to 200 miles from the beach and in US waters. It is steep for pricing but some policies only cover up to 25 miles, so make sure you guys ask the question when getting your policies if you think you need to go further from the beach.

The lack of miles is concerning to me. 20 or 25 miles doesn't cut it.

 

[Nakoda boater]

We use beacon.

Beacon is the underwriter from what I see and Hub would be the "agent" or broker, is this correct?

 

[Tidal Chaos]

Beacon is the underwriter from what I see and Hub would be the "agent" or broker, is this correct?

Yup

There are other brokers who sell Beacon but push other companies first. Depends on what you are looking
For in your policy. Beacon seems to have the best coverage when I was looking for what I needed. Others offered close to the same coverage but distance from land or home were restrictions that didn't work for me. I know others that have had claims with Beacon and no issues getting payment. I believe in "you get what you pay for" when it comes to insurance and dealing with the brokers. I have Hub for all my insurance and have had no problems with getting things dealt with when needed.