David, I watch a lot of Youtube channels about cruising families and all of them say the same thing that you encountered. Coastal sailing isn't too hard to find and if you shop around, you can get a good deal like you did.
The one thing they all say is that once you leave the coastal USA waters. It is nearly impossible to find coverage, or it becomes cost prohibitive. One family said that the insurance for an Atlantic crossing was a few thousand dollars, but they could get a policy that would cover them in coastal Europe for a reasonable price once they got there. The one thing that they pretty much all say is that it is a personal decision that you should weigh yourself. If the boat were to be a loss, would you be financially ruined? I know based on the value of my boat, liability and a tow coverage is all I really need for coastal sailing, and when I finally venture further... I'll be at the whims of nature and my own ingenuity and resources. James On Mar 30, 2020, at 15:08, David E Spiro via CnC-List <cnc-list@cnc-list.com<mailto:cnc-list@cnc-list.com>> wrote: ? Months ago I asked for help on this list finding insurance. It seems that many companies don?t wish to insure boats built in the 80s, especially for trips to the Caribbean. On the advice of Bruce Whitmore, I contacted Wells Marine in North Carolina. Their broker, Jason Riley, found me a policy with better coverage than BoatUS Geico, and with a premium at 28% of the Geico?s cost. And any company has to give better service on claims than Geico. I would pay more just to avoid doing business with them again. I ended up getting a policy for coastal sailing, since I?m not sure when/if I?ll head to the Caribbean. The policy Jason found with the Caribbean rider was the same price as Geico?s without it. I just thought I?d pass on the information and good news! David Spiro SV Hidden Hand C&C 40-2 _______________________________________________ Thanks everyone for supporting this list with your contributions. Each and every one is greatly appreciated. If you want to support the list - use PayPal to send contribution -- https://www.paypal.me/stumurray
