Small yacht insurance

8 years ago
Reply
Register to post, see what you've read, and subscribe to topics.
Dave T
Dave T
WA
34 posts
WA, 34 posts
18 Oct 2017 4:07pm
I am looking to buy a small yacht / trailer sailer in sub 8m length (20-25ft) with a 5hp outboard and I was just wondering roughly how much insurance would cost per year for that size boat. It would be moored or on hardstand at club, so NOT on driveway at home.

Anybody already owning a similar boat willing to share roughly what they pay?

Thanks
Madmouse
Madmouse
435 posts
435 posts
18 Oct 2017 4:19pm
Mine is stored at home but with PIB Professional Insurance Brokers pay around $300 for a Castle 650. Includes racing.
Bananabender
Bananabender
QLD
1610 posts
QLD, 1610 posts
18 Oct 2017 6:56pm
Just paid mine $360 Suncorp.which includes registered trailer.
Be aware some coys. insist on seaworthy cert. up front.
Suncorp will only insure if stored mostly on trailer but do not require seaworthy cert.
Bristolfashion
Bristolfashion
VIC
490 posts
VIC, 490 posts
18 Oct 2017 8:58pm
$400 comp with Club Marine for 28 ft yacht with 20hp inboard.

Imho yacht insurance is a bargain -- compared to all the other costs!

Cheers

Bristle
zilla
zilla
145 posts
145 posts
19 Oct 2017 7:52am
Bekit said..
I am looking to buy a small yacht / trailer sailer in sub 8m length (20-25ft) with a 5hp outboard and I was just wondering roughly how much insurance would cost per year for that size boat. It would be moored or on hardstand at club, so NOT on driveway at home.

Anybody already owning a similar boat willing to share roughly what they pay?

Thanks


Similar? A lot depends on the hull material type. It can be more difficult, for example, to get insurance for a timber hulled vessel. The age of the vessel is also a factor. Some companies won't insure a vessel on a swing mooring. Some companies won't insure in certain locations.
Telephone a couple of insurance companies and get their view on these issues. That may help you decide on the type of yacht to buy.

BTW, a 5hp outboard for 20-25ft yacht sounds far too small to me.
slammin
slammin
QLD
998 posts
QLD, 998 posts
19 Oct 2017 1:40pm
Mine is 400ish, 25ft W trailer comprehensive as well but overvalued maybe. I was in secure mast up storage and now have the boat at home. Nil change as it's the same postcode.
Please Register, or first...
Topics Subscribe Reply