Which company for transit insurance within Australia?

8 years ago
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zilla
zilla
145 posts
145 posts
5 Sep 2017 7:17am
Any suggestions for a company to provide transit insurance for a timber yacht being trucked between locations in Australia ?
cisco
cisco
QLD
12365 posts
QLD, 12365 posts
5 Sep 2017 12:49pm
zilla said..
Any suggestions for a company to provide transit insurance for a timber yacht being trucked between locations in Australia ?


Surely the boat transporter would have insurance to cover it??
zilla
zilla
145 posts
145 posts
5 Sep 2017 11:01am
No. Two companies I spoke with said they were not legally permitted to offer transit insurance.
Many years ago they used to.
cisco
cisco
QLD
12365 posts
QLD, 12365 posts
5 Sep 2017 9:27pm
" not legally permitted to offer transit insurance."

What the heck is that supposed to mean??
zilla
zilla
145 posts
145 posts
5 Sep 2017 7:36pm
cisco said..
" not legally permitted to offer transit insurance."
What the heck is that supposed to mean??


Dunno. I could see no benefit in pressing them for an explanation. They don't offer insurance. I'll just source it myself, hence the question.
My existing policy with QBE looked promising until I carefully read the PDS and searched the whole document for "transit". Then I discovered they only insure the boat if it is on a trailer AND on a trailer that has been designed for towing it. The trailer can be on a ship, a train, etc. Go figure that one. Insurance is such fun.
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