Jethro Posted November 11, 2004 Share Posted November 11, 2004 With the new girl not to far away now (end of the month ) its time to start thinking about insurance. So fellas who are you insured with and why? Have you had any claims? How did they go? I am assuming this is one of those cases where cheaper is not always best. Thanks in advance Link to comment Share on other sites More sharing options...
Bill S Posted November 11, 2004 Share Posted November 11, 2004 Jethro, I insured Sniffin with Club Marine after doing the ring around. They were slightly more expensive than NRMA but knew the answers to all my questions regarding engine o/heats due to picking up a plastic bag and theft related problems. They knew what a Minn-Kota and GPS map plotter were too, unlike NRMA I haven't needed to make a claim 'touch wood'. Cheers Bill Link to comment Share on other sites More sharing options...
Martin Posted November 11, 2004 Share Posted November 11, 2004 Club Marine, Link to comment Share on other sites More sharing options...
Guest MarkD Posted November 11, 2004 Share Posted November 11, 2004 Jethro, Im with NRMA and like Bill has said they dont know one end of a boat from another. In saying that my last outboard seized and they paid for it (long story) In addition I recently have moved my boat from gaarge to road and when I called them re amending insurance they told me the following: 1. All contents i.e. radio, safety gear, GPS, fishfinder etc are covered in the value of the hull. There is no necessity to take them out of the boat when storing it 2. There is no increase in premium (depite the obvious increase in risk!) 3. There is no necessity for any security measures. You can leave your boat on the road with no locks, clamps, chains etc and if its taken they will pay the full insured value. Now you'd be pretty stupid to leave a boat unsecured on a road but there ya go! I pressed the NRMA guy on all these points particularly point 3 and got him to confirm in writing. Bottom line is they seem to have their heads firmly up their arses and my advice would be to go with Club Marine!! I'll definitley be changing over to them when my premium runs out... By the way what type of boat are you going for'? Cheers Mark Link to comment Share on other sites More sharing options...
Mick Posted November 11, 2004 Share Posted November 11, 2004 I'm with NRMA and more then happy with them, I've been through the plastic bag on intake motor explode scenario and they were great. I was able to talk to the assessor through the whole process and he was great. He is not an nrma employee but is contracted by them to look at boats, he went out of his way to look at my motor a few days earlier then expected and got the whole process underway and completed very quickly. I have to agree none of the people you speak to on the phone know much about boats, except the acutal assessor, but it doesnt really surprise me as they are not meant to, as they are sales people dealing with all types of insurance. What does matter is when the they come through with the goods and offer quick reliable service. Every thing on the boat is covered on the one policy, sounders, radio and any thing else which is attached to the boat is classed as the hull. So all you do is incorporate their value in to the value of the hull. An electric value is incorporated in to the motor value with the main engine. Very simple stuff. Link to comment Share on other sites More sharing options...
soapie Posted November 11, 2004 Share Posted November 11, 2004 GIO was good to me. Link to comment Share on other sites More sharing options...
mark_s Posted November 11, 2004 Share Posted November 11, 2004 I just changed to GIO this year, was with NRMA. GIO was $100 cheaper per annum. Club marine was the most expensive by far. Never had to make a claim so I guess we will see. Link to comment Share on other sites More sharing options...
Guest Jocool Posted November 11, 2004 Share Posted November 11, 2004 I am also with GIO. They seem to know how to talk the talk. They cover all the normal stuff...including bags over intakes etc. They also cover the fishing gear on board while out and about as an extra...not included in the boat value, so thats a bonus! They also cover my trailer for theft while at a ramp. And they were a hell of a lot cheaper than CM! Link to comment Share on other sites More sharing options...
Aquaholic Posted November 11, 2004 Share Posted November 11, 2004 Hi, I recently went through all this. GIO were also the cheapest quote and they will offer NCB next year. Call me strange but I went with Club Marine because they offered an Agreed Value policy. It was about $70 more over 12 mths. I think/hope they are more experienced with boats. If you do go with Club Marine do your quote on line it is 5% cheaper. The dealer I bought the boat from matched it for me. Fingers Crossed I don't need it anyway. Aqua Link to comment Share on other sites More sharing options...
Wetpatch Posted November 11, 2004 Share Posted November 11, 2004 Im with Pete and Joey on this put the car house and boat all in one and got a bigger discount with Gio Link to comment Share on other sites More sharing options...
Jethro Posted November 11, 2004 Author Share Posted November 11, 2004 By the way what type of boat are you going for'? 19076[/snapback] She is going to be a custom built 4.3m Elegant Boat with all the whistles and bells. There is a few points there I hadn't even thought of like bag over the intake, trailer theft at the ramp, etc. Anything else I should ask them?? Link to comment Share on other sites More sharing options...
cajun Posted November 11, 2004 Share Posted November 11, 2004 GIO - although I have never had to claim. Cheers Ken Link to comment Share on other sites More sharing options...
Guest Jocool Posted November 11, 2004 Share Posted November 11, 2004 Anything else I should ask them?? 19118[/snapback] Find out exactly where, when, and how much gear they will cover in the boat. Do they require any anti-theft measures be fitted? Agreed value or market value? Do they cover your electronics as part of the hull price, or as seperate items? Will they cover a bow-mount if fitted? MAKE SURE THEY COVER THE TRAILER...and transport of boat if trailer should get pinched! Some policies will give you a total sum figure of your boat, whereas GIO does it as Boat Motor and Trailer as seperate items, each with its own value. I also took up the skiers option which will cover anyone hurt while towing a ski or biscuit. Worth the $40 extra I reckon! Link to comment Share on other sites More sharing options...
The Iceman Posted November 11, 2004 Share Posted November 11, 2004 Im with nrma I must have been lucky the guy I spoke to actually knew about boats I had to make a claim when someone ran into the back of my trailer writing it off as well as the transducer and prop took it all down to Hunts marine they organised everything and it all went smoothly cant ask for more than that Link to comment Share on other sites More sharing options...
Pauli Posted November 11, 2004 Share Posted November 11, 2004 Hi Everyone My Stacer is with club marine, The previous boat was with them as well but only because It was done at time of purchase, I didn't even think of shopping around but will be next year. Haven't had to use it yet (touch wood) and hopefully won't, Must admit the guy at CM wasn't to helpfull last time I spoke with them. Cheers. Link to comment Share on other sites More sharing options...
ian stayt Posted November 11, 2004 Share Posted November 11, 2004 I'm with GIO. While we're on the subject of trailers, has anyone had the trailer nicked?? Link to comment Share on other sites More sharing options...
snag Posted November 12, 2004 Share Posted November 12, 2004 The boats due to come in the next month or 2, and ive spoken to NRMA and they said that since all my other prized possessions are insured with them , they can give me a good deal so ive decided to go with them. Link to comment Share on other sites More sharing options...
donfish Posted November 12, 2004 Share Posted November 12, 2004 One question everybody needs to ask there insurer is am i covered while competeing in a fishing competition.NRMAs answer will be no you are not covered while you are fishing in any form of competition .As for the other companys you guys need to ask the question. donfish Link to comment Share on other sites More sharing options...
snag Posted November 12, 2004 Share Posted November 12, 2004 One question everybody needs to ask there insurer is am i covered while competeing in a fishing competition.NRMAs answer will be no you are not covered while you are fishing in any form of competition .As for the other companys you guys need to ask the question.donfish 19381[/snapback] Ok Don what insurance compant will cover you in comps? Link to comment Share on other sites More sharing options...
donfish Posted November 12, 2004 Share Posted November 12, 2004 Hi jorg I have my insurance with Suncorp .You get 10% discount if you are a member of ABT.They are a sponsor of ABT. donfish Link to comment Share on other sites More sharing options...
snag Posted November 12, 2004 Share Posted November 12, 2004 Hi jorg I have my insurance with Suncorp .You get 10% discount if you are a member of ABT.They are a sponsor of ABT. donfish 19384[/snapback] Thx Don ill check them out. Link to comment Share on other sites More sharing options...
Big Bob Posted November 12, 2004 Share Posted November 12, 2004 Im with NRMA also.Club Marine were in the low 300s and NRMA were about 184 I think plus I got the multi olicy discount BARGAIN. Link to comment Share on other sites More sharing options...
Jethro Posted November 15, 2004 Author Share Posted November 15, 2004 Thanks guys there is some great advice there. Many questions to ask when I ring around for quotes. Link to comment Share on other sites More sharing options...
Guest Jocool Posted November 15, 2004 Share Posted November 15, 2004 ps I Joe says GIO are cheapest I'd be inclined to believe that!!!!!! 19334[/snapback] Link to comment Share on other sites More sharing options...
heckendorfmortgage Posted November 15, 2004 Share Posted November 15, 2004 Hi jorg I have my insurance with Suncorp .You get 10% discount if you are a member of ABT.They are a sponsor of ABT. donfish 19384[/snapback] Suncorp owns GIO. I wonder if their cover is similar??? Link to comment Share on other sites More sharing options...
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