Charter boat insurnace

[John Hobby]

Hey guys,

Getting some quotes for insurance for charter boat. Has anyone ever used Berkley Offshore? Set value on boat of $45,000. Will get that up to $65,000.0 with new survey this April. $1,000,000 limit. Medical payments at $5,000. Personal effect at $2,500.00. $1,000 towing and assistance endorsement. Whole policy is $1,675.00. Any comments. Any experience with Berkley? Paul Nowak is the agent. Finck & Perras Marine Ins. Seems like a real nice guy. Thanks

 

[True Grit]

That sounds reasonable but the medical seems low.

 

[John Hobby]

Ya, was thinking same. What can ya get for $5,000.00? Band aide? Prob have a conversation about that with him.

 

[Fishonnelsons]

For a similar valued boat Im paying about $2900, dont have it with me so I cannot compare, but I had 2-3 quotes and that was the going rate.

 

[TAftw]

Don’t know the price as I don’t run charters, but Brendan Crawford with Carey Richmond & Viking is a great guy to deal with and can write you any policy you need for any type of work. He worked in a boatyard and knows this industry, he insures lots of the charter boats around here.

PM me if youd like his contact info, I don’t want to put it out in the open on the internet

 

[Fishonnelsons]

Don’t know the price as I don’t run charters, but Brendan Crawford with Carey Richmond & Viking is a great guy to deal with and can write you any policy you need for any type of work. He worked in a boatyard and knows this industry, he insures lots of the charter boats around here.

PM me if youd like his contact info, I don’t want to put it out in the open on the internet

At someones suggestion I have Brendan doing up a few quotes for me.

 

[MudMuppet]

Seems more reasonable than ocean marine ins.

 

[Fishonnelsons]

His quote was lower than my current on the Dyer by about $400, but would require a survey. Since I'm kind of looking to sell it decided not to go with it, but was very competitive.

 

[Genius]

His quote was lower than my current on the Dyer by about $400, but would require a survey. Since I'm kind of looking to sell it decided not to go with it, but was very competitive.

a survey would be nice to have if your selling it? Have serious buyers with deposits get access to it.

 

[True Grit]

Down here a survey is good for 5 years insurance wise. And I would think it would be helpful if you were going to sell the boat.

 

[Fishonnelsons]

a survey would be nice to have if your selling it? Have serious buyers with deposits get access to it.

True. I have one from 2.5 years ago, and I can show/prove that 90% of the stuff was taken care of (other stuff was BS). But a good point

 

[Fishonnelsons]

Down here a survey is good for 5 years insurance wise. And I would think it would be helpful if you were going to sell the boat.

Different insurance company, have a 2.5 year old one, I guess they dont believe that the important stuff was fixed.

No big deal, if I wasn't selling I would do it

 

[F/V KRISTA MARIE]

A lot of the guys by me use these guys. Give Bobby a shot he’s a charter guy himself.

[email protected]

 

[Sidewinder Trevor]

A lot of the guys by me use these guys. Give Bobby a shot he’s a charter guy himself.

[email protected]

View attachment 155291

I second that! Our boat is insured through them.

 

[Purrrfect - PBMY 38]

Just went through this last year looking for a commercial policy for tours on a 38' boat. We had a "Pleasure" policy for $1,200 but then they wanted a survey and boosted us up to $2,200 for one year (until we get the survey done). We started with a value of $279k but the new survey may value her at $400k after the refit & new engine. So.... we started looking at Commercial quotes with $1,000,000 Liabiity (the minimum amount the marinas needed to pick up passengers). We got half a dozen quotes between $4,200 and $7,500 per year. Ouch. We said "The hell with it" and decided just to operate for pleasure only. It just was not worth the expense with all the other things involved like advertising, maintenance, prep, and wear & tear on our vessel.

 

[Kailua Kid]

Hey guys,

Getting some quotes for insurance for charter boat. Has anyone ever used Berkley Offshore? Set value on boat of $45,000. Will get that up to $65,000.0 with new survey this April. $1,000,000 limit. Medical payments at $5,000. Personal effect at $2,500.00. $1,000 towing and assistance endorsement. Whole policy is $1,675.00. Any comments. Any experience with Berkley? Paul Nowak is the agent. Finck & Perras Marine Ins. Seems like a real nice guy. Thanks

The 5k med pay limit is reasonable, in context. That coverage is basically “no-fault” coverage; I.e., the injured person doesn’t have to sue to get up to that amount of medical expense paid for. Beyond that amount, up to the per-claim limit, your Protection and Indemnity (“liability”) policy will apply and is designed to protect the insured (including the vessel herself) from liability for claims within the scope of the policy and not excluded by a written exclusion, up to the policy limits.

 

[CapeCodNorton]

His quote was lower than my current on the Dyer by about $400, but would require a survey. Since I'm kind of looking to sell it decided not to go with it, but was very competitive.

I also went through Brendan last year and he saved me $650 through Carey Richmond and Viking over my Intact policy, all coverages being equal.

 

[godscousindan]

Don’t know the price as I don’t run charters, but Brendan Crawford with Carey Richmond & Viking is a great guy to deal with and can write you any policy you need for any type of work. He worked in a boatyard and knows this industry, he insures lots of the charter boats around here.

PM me if youd like his contact info, I don’t want to put it out in the open on the internet

could you PM me his contact info

 

[Raider Ronnie]

Don’t know the price as I don’t run charters, but Brendan Crawford with Carey Richmond & Viking is a great guy to deal with and can write you any policy you need for any type of work. He worked in a boatyard and knows this industry, he insures lots of the charter boats around here.

PM me if youd like his contact info, I don’t want to put it out in the open on the internet

Contact info for Brendan Crawford ?