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Home › Forums › Other Stuff › General News › Insurance Cost and Excess
I have just received a renewal for my Insurance for the Sabre. I note the Racing Risk Excess with QBE is $500. This makes claiming for spars, sails etc hardly worthwhile, basically you would need some serius hull damage to make a claim. Does anyone else no of any other Insurance Policies with lower excesses for sabres?
It seems the Racing excess is high due to claims from higher risk vessels such as skiffs, but is standard for every class.
Cheers James
I’m with Nautilus Marine my excess is $100 (total annual premium is only $145, really good deal!)
The deal is through Yachting Australia (or Yachting South Australia, I can’t remember which)
If you are in WA then the cheapest is YWA, go here
http://autocover.nautilusinsurance.com.au/html/default.cfm?siteStyle=WA
I would expect the other states associations to have a similar offer. These are the cover options:
Third party $10 million liability cover only
Premium = $50
Up to $5,000 sum insured Trailer, trolley hull, mast & sails,
including $10 million liability cover
Premium = $145 and Excess = $100
Up to $10,000 sum insured, including $10 million liability cover
Premium = $185 and Excess = $100
Up to $20,000 sum insured, including $10 million liability cover
Premium = $250 and Excess = $200
Hi,
If you are in Qld, you can access the Nautilus Marine products via the YQ website
http://www.qld.yachting.org.au/
Good rates. No stuffing around because its wood etc.
It processes online, then they will send you a pair of gloves with the documents.
PLUS – you nominate your sailing club and they get a few$$ as well.
Everyone’s a winner.
Susan