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Re: [world-cruising] Insurance Question

From: Phil Sherwood (no email)
Date: Fri Feb 22 2008 - 19:35:12 EST

  • Next message: Ron Chambers: "[world-cruising] Insurance Question"

    Two sources for cruisers' insurance (that is, worldwide coverage or
    nearly so) are IMIS (www.imiscorp.net/Jackline.htm) and Pantanaeus
    (www.pantaenius.com/home ) , a German or Dutch firm, can't remember
    which. Both enjoy good reputations among the cruisers I've talked to.
    There's also a third company whose name escapes me at the moment but
    comes up frequently and also in a favorable light when the topic of
    insurance has been kicked around at various cruiser gatherings I've
    attended (usually happy hour somewhere or other). Hope someone can
    patch in that name.

    Cost: too many variables are involved to be able to say what a policy
    that you would like would cost. Ask for a quote. It's gonna be a lot
    more than $220/yr, though.

    I can speak only for the Pacific coast from the US to Ecuador. The
    more northerly marinas in Mexico probably will want to see proof of
    insurance, but no one south of Puerto Vallarta that I can remember
    ever asked me about it. It's not a legal requirement in Mexico or
    anywhere else I've been; the most heavily cruiser-occupied marinas
    just want to make sure they're out of the line of fire if something
    gets sideways in their domain and North American cruisers start
    squabbling about it. In general the concept of insurance gets little
    to no traction in Latin America.

    HTH. Cheers,
    Phil
    s/v Cynosure
    Balboa, Rep. of Panama

    At 11:19 AM 2/22/2008 -0800, you wrote:
    >Thanks for all the response on the Chartplotter, I think I will stay
    >with Raymarine. Now I have a question about Insurance. Currently I
    >carry only liability through USBoats at 300,000 accident and
    >uninsured boater and 800,000 for spills. My yearly cost is $228.
    >This coverage is only for US waters and they do not insure outside
    >US. I plan to always carry only liability and was wondering what
    >others carry for world wide coverage. Is it required in other
    >countries? About what is the cost?


  • Next message: Ron Chambers: "[world-cruising] Insurance Question"

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