pantenius asked for a survey. probably because boats 1971.
Ive NEVER had insurance, ever. Never made a claim, never had an accident. Lived abroad and about 10plus years and galavanted around the globe for 20 years with nil insurance. People think youre mad. I reckon lack of insurance keeps you careful.
I did get travel insurance once in 94 and needed to make a claim. the company refused to pay out. Recently i had vehicle insurance and the engine blew. Didnt cover that either. So i figure whats the bloody point. its a hassle and these companies employ people to find reasons not to pay. Insurance to me is like banking. its virtual money , it doesnt exist. its a dollar value with more dollars added to it out of the ether. Im really not a fan. Ive had a guy survey a boat once. turned up with a tape measure and did a super fast job. He didnt really do anything. just turned up for the cash. its all bits of paper. I hear so many stories of people who pay for surveys, get them done only for the surveyor to miss alot of things. At least they got their bit of paper though for their insurance companies. Back scratching BS. If the NRMA are allowed to have says in what laws can be passed that help their business , i dont want no part of it. Ive always been self insured. Always worked for me.

Sectorsteve said..
Very happy to announce i got fully comp insurance through Tudor for 15 k for my tophat @ 371 p.a. no survey. Now i can go the cheaper yard on the goldy.

Well done mate, but we still expect you to visit Laurieton!!

nswsailor said..

Sectorsteve said..
Very happy to announce i got fully comp insurance through Tudor for 15 k for my tophat @ 371 p.a. no survey. Now i can go the cheaper yard on the goldy.

Well done mate, but we still expect you to visit Laurieton!!

Bloody oath philip. Still yet to decide which yard. Gotta weigh it up. So far still keen for laurieton.

Been with Club Marine for years without a claim so can't comment on service other than they're good at taking my money .

Called Youi for a quote and bugger me they're tricky!

So other than being 3 times more than Club Marine ($765 with Club Marine, just over $2k with Youi), they had a lot of 'hidden T&C's':

- $1k additional excess if you're boat's damaged in the first 3 months regardless of who (or what's) at fault.
- $1k additional excess if someone else is at the helm, regardless of who or what's at fault.
- $1k additional excess if you use a different car that wasn't the registered car that's going to tow the boat.

Boat's value is determined at time of valuation, not agreed, even though you agree to market value.

I questioned this point and was told even if it's burned to the ground their 'skilled' assessors will be able to give you an appropriate value.

nswsailor said..

Sectorsteve said..
Very happy to announce i got fully comp insurance through Tudor for 15 k for my tophat @ 371 p.a. no survey. Now i can go the cheaper yard on the goldy.

Well done mate, but we still expect you to visit Laurieton!!

I'm in laurieton now. Camden Haven is THE BEST!

Cheers. , Bristle on Alibi at the jetty, laurieton.

Hi there, first post.
initial post, BJR wants 3 party insurance for a boat worth $4500 and asks the question, which insurance company will cover my boat. he's been given a few options ranging from $180 to around $1500, that's a start but still speculative.

I'm in a similar situation, so thanks for the information.
(What I require is yard cover and people cover).

try this -------

The cost of such a policy should be inclusive with the vessels registration, for compulsory vehicle cover it costs around $120 dollars a year so for a boat, being far less of a liability I would imagine around $60 to $70 would be in the ball park for a recreational vessel, sailboat / motor boat.
So to add full comprehensive property damage as with a car you go to one of the other tyrants and purchase the relevant policy to cover the pride and joy.

I ran this proposal past MAST, the TAS boat registration department last year and received a relatively negative response, therefor I assume that my proposal was dead in the water.

do you think that this idea has merit or not?

If so its time to lobby

naggy said..
Hi there, first post.
initial post, BJR wants 3 party insurance for a boat worth $4500 and asks the question, which insurance company will cover my boat. he's been given a few options ranging from $180 to around $1500, that's a start but still speculative.

I'm in a similar situation, so thanks for the information.
(What I require is yard cover and people cover).

try this -------

The cost of such a policy should be inclusive with the vessels registration, for compulsory vehicle cover it costs around $120 dollars a year so for a boat, being far less of a liability I would imagine around $60 to $70 would be in the ball park for a recreational vessel, sailboat / motor boat.
So to add full comprehensive property damage as with a car you go to one of the other tyrants and purchase the relevant policy to cover the pride and joy.

I ran this proposal past MAST, the TAS boat registration department last year and received a relatively negative response, therefor I assume that my proposal was dead in the water.

do you think that this idea has merit or not?

If so its time to lobby

lets relinquish more freedoms is what your saying. CTP is if you injure someone and in my view its a scam. Its got nothing to do with 3rd party property.

woko said..

naggy said..
Hi there, first post.
initial post, BJR wants 3 party insurance for a boat worth $4500 and asks the question, which insurance company will cover my boat. he's been given a few options ranging from $180 to around $1500, that's a start but still speculative.

I'm in a similar situation, so thanks for the information.
(What I require is yard cover and people cover).

try this -------

The cost of such a policy should be inclusive with the vessels registration, for compulsory vehicle cover it costs around $120 dollars a year so for a boat, being far less of a liability I would imagine around $60 to $70 would be in the ball park for a recreational vessel, sailboat / motor boat.
So to add full comprehensive property damage as with a car you go to one of the other tyrants and purchase the relevant policy to cover the pride and joy.

I ran this proposal past MAST, the TAS boat registration department last year and received a relatively negative response, therefor I assume that my proposal was dead in the water.

do you think that this idea has merit or not?

If so its time to lobby

Welcome naggy, ctp is as pointed out for third party personal injury only. That being said you have a very relevant point, I pay $350 pa to comprehensive insure a vehicle for $12k and the only offer I could get to cover my vessel was 3rd party property/ public liability at $878 ! It's nonsense !
The big issue for insurers is in NSW at least is the stupid private mooring licence, that incourages old **** boats to be used as mooring minders, ie you have to have a boat on your mooring and it has to be registered in your name. So there's lots of unloved boats just marking time until the dream boat is acquired or the licence holder falls of the perch. Lots of mooring fields are trouble waiting to happen! How could you insure such a mess ?
Are the mooring provisions the same in other states ?????
Or is it legal elsewhere to park another boat on mooring # BS 007 ?
Naggy you might be opening Pandora's box here, can you imagine hauling out every year for a rego inspection ? Like we have with motor vehicles in NSW !

I think the mooring minder idea is selfish and unethical. The boat I bought was used as one by some rich eastern suburbs pig. He's had mooring minders on his rose bay mooring for over 10 years. It took 3 months to get my mooring in the harbour the legit way on the waiting list. In Woodford bay there are a lot of mooring minders. I'll be giving up my mooring when I leave for qld Although maritime will let me have it vacant for 6 months. In my view moorings aren't hard to get therefore mooring minders aren't needed. humans feel the need to "own, have, be safe" It's rife in Sydney.

Hi Naggy

Welcome to the forum

If you don't mind me asking where in Tassie are you as we live in Port Huon (South of Hobart)

Regards Don