Just another Moderator
Join Date: Sep 2005
Location: New Westminster, BC
Thanked 491 Times in 465 Posts
Rep Power: 10
We pay about 1%... ie $500/yr for 50,000 coverage. If that's "standard" then the rates quoted you seem quite high.
We are coastal cruisers, and do have navigational limitations, but a couple of years ago we wanted to go beyond them, and call the carrier to arrange a rider... there was no need, they simply wanted to be informed if we were planning to travel outside the standard area.
I'd think you could "shop around"... I'm curious why you are required to buy Canadian insurance....
1984 Fast/Nicholson 345 "FastForward"
".. there is much you could do at sea with common sense.. and very little you could do without it.."
Capt G E Ericson (from "The Cruel Sea" by Nicholas Monsarrat)