Results 1 to 7 of 7

Thread: Insurance

  1. #1
    Join Date
    Apr 2009
    Posts
    28

    Default Insurance

    Does anyone know of a source for insurance coverage for SHTP? I'm working my way down a list of brokers and no carriers they contact are interested so far.

    Cliff Shaw
    Rainbow

  2. #2
    Join Date
    Sep 2007
    Posts
    166

    Default

    Hi Cliff,

    As far as I know, you're not going to find insurance coverage unless you get an individual policy from Lloyd's of London.

    Bill Merrick

  3. #3
    Join Date
    Sep 2007
    Location
    Fresno, Boat in Mexico until Spring
    Posts
    37

    Wink SHTP Insurance

    I agree that Bill's is the only option. To my knowlege the only coverage would be a catastrophic loss tax deduction.
    Another factor is the return trip. In 2002 I had 2 crew (my wife and a friend) for the return and felt compelled to get insurance. To re-instate the carrier insisted on a survey. I had to pay for a surveyor to fly from Honolulu plus the additional premium.
    In 2006 I just crept out and crept back with the crew and tried not to dwell on the downside.
    Lou

  4. #4
    Join Date
    Apr 2009
    Posts
    28

    Default

    Thank you Bill and Lou. I'll take a stab at Lloyd's but I have a feeling that not dwelling on the downside is indeed the bottom line. Cliff

  5. #5
    Join Date
    Oct 2007
    Posts
    28

    Default insurance

    I was able to get coverage for the 2008 race through State Farm, granted an Olson 30 is cheap enough for them to cover, "in house".

    Eric

  6. #6
    Join Date
    Apr 2009
    Posts
    28

    Default

    Thanks Eric--its worth a try! Cliff

  7. #7
    Join Date
    Nov 2007
    Posts
    401

    Default Really??

    I was able to get coverage for the 2008 race through State Farm, granted an Olson 30 is cheap enough for them to cover, "in house".
    Really?!?!? Most carriers don't even provide coverage for fully crewed Hawaii crossings. So State Farm provided you with a policy with no crew restrictions? I'm in shock if it's the case. Heck, most insurance policies require 2-3 just for a coastal delivery.

Similar Threads

  1. Insurance For SSS
    By PLowther in forum Singlehanded Sailing Society
    Replies: 11
    Last Post: 10-10-2011, 01:21 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •