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CHS_JDE
Traveler


Joined: 08/01/17
Posts: 34
Loc: Charleston, SC
Prices
      #1751441 - 11/09/17 02:33 PM (66.49.118.6)

Was looking at charters for May/June. Moorings has jacked their prices way up and are now $1k-2k more than TMM and DYC for the same week. Maybe the little guys will get some more business!

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GeorgeC1
Traveler


Joined: 04/24/02
Posts: 4755
Loc: GA/NC
Re: Prices [Re: CHS_JDE]
      #1751447 - 11/09/17 04:25 PM (108.213.0.118)

DYC is not exactly a little guy! In fact they are larger than the Moorings worldwide.
G


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CHS_JDE
Traveler


Joined: 08/01/17
Posts: 34
Loc: Charleston, SC
Re: Prices [Re: GeorgeC1]
      #1751448 - 11/09/17 04:34 PM (66.49.118.6)

Yeah. Good point. was really referring to TMM.

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windward2c
Traveler


Joined: 01/05/09
Posts: 253
Re: Prices [Re: CHS_JDE]
      #1751451 - 11/09/17 05:07 PM (100.37.235.114)

New insurance premiums were just released and the difference is staggering. Expect another $500 tacked onto every charter. Of course with barely half the fleet likely this season competition will likely drive all companies prices higher soon enough.

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Maria_and_Steve
Traveler


Joined: 03/08/01
Posts: 988
Loc: Colorado and Sailing the World
Re: Prices [Re: windward2c]
      #1751455 - 11/09/17 06:46 PM (69.57.228.114)

I just asked my insurance company (Lloyds underwriter) and he stated that insurance renewal rates will increase for my sailboat by 90% to 110% for hurricane season 2018.

Wow!


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TWB
Traveler


Joined: 05/10/17
Posts: 10
Re: Prices [Re: Maria_and_Steve]
      #1751468 - 11/09/17 08:19 PM (189.149.192.120)

We were told a month ago, ours (also Lloyds) would be going up 75% next year. I hope that wasn't just an estimate and that it doesn't change.

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Sandsailsun
Sponsor


Joined: 01/16/11
Posts: 2020
Loc: Miramichi NB Canada
Re: Prices [Re: TWB]
      #1751473 - 11/09/17 09:11 PM (47.54.108.193)

Ours doubled also

--------------------
Kim

[url=https://www.TickerFactory.com/]

[/url]


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NCSailor
Traveler


Joined: 12/26/07
Posts: 1644
Loc: Charlotte, NC
Re: Prices [Re: Sandsailsun]
      #1751485 - 11/10/17 03:44 AM (192.81.73.1)

Insurance companies use major disasters as an excuse to raise rates. They make back the money they paid out on losses and then keep rates high for as long as possible after to keep profits high. Eventually competition comes back into the market and rates go down. Expect rates to normalize in 4-5 years absent a major storm.

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