Prices

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!

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

Yeah. Good point. was really referring to TMM.

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.

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!

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.

Ours doubled also

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.