Tagged: 7 Seas Ass. Insurance Talk
September 4, 2018 at 2:49 pm #224383
Anyone have an insurance carrier for outside the US that they recommend?
I think I’m going to let our full coverage policy expire soon and go with a liability only policy… Just something that will satisfy marinas and customs officials. Our current agent won’t sell a liability only policy, and the best quote I have in hand now is for almost $900/yr.
Right now Rhythm is in Mexico and our liability policy through a Mexican company runs just $200/yr. But, that’s only valid in Mexico and we’ll be heading for the S. Pacific in a few months.
Maybe $900 a month is just the going rate for liability coverage these days, but thought I’d ask around first just to make sure.
September 9, 2018 at 12:28 pm #224403
September 10, 2018 at 3:50 pm #224406
Surprisingly, Progressive has been great with us. We had to go through a broker, however, but even that has been great.
Our liability, uninsured boater, and medical payments portion is $265 a year. Add $60 to that for the same on our tender.
Granted, it’s probably lower since it’s bundled with comp and collision, but it’s a far sight better than what you were quoted.
I’d suggest finding an independent agent who deals with Progressive. They do off-shore, so that shouldn’t be an issue.
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