SailNet Community - View Single Post - Insurance in Caribbean during Hurricane Season?
View Single Post
Old 06-20-2008
hphoen's Avatar
hphoen hphoen is offline
"Nevis Nice"
Join Date: Apr 2003
Location: Virginia
Posts: 224
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 13
hphoen is on a distinguished road

I have my Caribbean area policy with the brokers, Besso, Ltd, in London. They represent T.L. Dallas (Special Risks). Ltd., and ultimately the underwriters, Great Lakes.

They agreed to allow me to store the boat within the "Box" (Antigua), at a somewhat higher premium than "out of the Box". My total premium is 1.84% of the "agreed value", with a 2% deductible, doubled if damage is from a named storm. Any of the Caribbean islands are OK with them. They charged me less for Grenada, three years ago.

I've had one small claim in three years, and they handled it fairly.
Reply With Quote Share with Facebook