Kind of a side note to this. An owner of the company he works for bought a completely renovated Hinkley 60 in Florida. He left Florida in it to bring it back to New England and it sank 100 miles off shore. Insurance said he shouldn't have been more that 40 miles of shore and they aren't covering the loss. I saw the listing for the boat and the coat guard coverage of the rescue. The boat listed fur just under $1,000,000!
They are fighting it. As was already stated, read the policy (and replace your standing rigging!).
Danny
On Jan 3, 2023 10:32 AM, Joel Aronson via CnC-List <cnc-list@cnc-list.com> wrote:
Happy New Year!I've been looking for insurance to cover our boat in the Caribbean and Med.READ THE POLICY BEFORE YOU BUY!I got what I thought was a good quote through a British broker until I read that the value of the mast decreased by 5% per year - i.e. a 20 year old mast was not insured.JoelRule One Hylas 49Former owner The Office C&C 35/3
Please show your appreciation for this list and the Photo Album site and help me pay the associated bills. Make a contribution at: https://www.paypal.me/stumurray Thanks for your help. Stu
