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
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
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
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
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
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
Thanks Eric--its worth a try! Cliff
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.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".