TravelTalkOnline

Marine insurance for private vessels BVI

Posted By: Will_L

Marine insurance for private vessels BVI - 01/23/2015 08:18 PM

Those of you who are keeping non charter boats for your personal use in the BVI, who is your insurance carrier? Thanks in advance.
Posted By: TackingAg

Re: Marine insurance for private vessels BVI - 01/23/2015 08:44 PM

FYI I will be releasing a survey this weekend to TTOL members with thus same question. I'll be sure to share the results with everybody.
Posted By: Zanshin

Re: Marine insurance for private vessels BVI - 01/23/2015 08:57 PM

For liability insurance I used Pantaenius.
Posted By: ski2play

Re: Marine insurance for private vessels BVI - 01/23/2015 09:02 PM

TackingAG, looking forward to your survey. We are in the process of purchasing a house in the BVI and are now working through the logistics of bringing a boat down.
Posted By: Manpot

Re: Marine insurance for private vessels BVI - 01/23/2015 09:15 PM

We use Caribbean Insurers out of Road Town for house and car..not sure about boats but I would imagine they handle those..very easy to deal with.
Posted By: TackingAg

Re: Marine insurance for private vessels BVI - 01/23/2015 09:17 PM

Will do, ski2play. I'm also in the process of looking for people who are purchasing a house in the BVI and working through the logistics of bringing their boat down. smile
Posted By: RatmansWife

Re: Marine insurance for private vessels BVI - 01/23/2015 10:45 PM

Have had house, car and boat with CIL (Caribbean Insurers Limited) for something like 40 years.
Posted By: sail2wind

Re: Marine insurance for private vessels BVI - 01/23/2015 10:57 PM

We use Offshore Marine located in Road Town, C.A. and Ft Lauderdale. Our insurance rate is 2% of hull value, $2200 deductible which doubles in a named storm. S.O.P.
Posted By: tpcook

Re: Marine insurance for private vessels BVI - 01/25/2015 01:23 PM

Be VERY careful with liability insurance in the BVI. Most policies DO NOT cover litigation in the USA, they only cover litigation in the BVI. BIG problem. You have NO insurance if a litigant decides to sue you in the USA. I have had a bad experience with one of the BVI insurers. <img src="http://www.traveltalkonline.com/forums/images/graemlins/thumbsdown.gif" alt="" /> <img src="http://www.traveltalkonline.com/forums/images/graemlins/thumbsdown.gif" alt="" /> <img src="http://www.traveltalkonline.com/forums/images/graemlins/thumbsdown.gif" alt="" />
Posted By: Maria_and_Steve

Re: Marine insurance for private vessels BVI - 01/25/2015 07:28 PM

There are many many companies that insure vessels in the Caribbean, USVI and BVI's, even during hurricane season. Your best bet is to search the archives at cruisersforum.com for the latest info.

Just remember that once you ask the insurance question you will likely get hundreds of opinions smile

I hope this helps.
© 2024 TravelTalkOnline