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Bahamas Insurance

Posted: Thu Oct 01, 2009 2:39 pm
by Bargain Bill
Just found out that Nationwide Insurance will not cover my PDQ 34 outside the U.S. They offer no rider or coverage for the Bahamas where I plan to be Jan - Mar 2010. Has anyone researched the options for coverage there?

Bill & Fran Carlson
Easy Riders MV34 #029
Ocean City, MD

Re: Bahamas Insurance

Posted: Thu Oct 01, 2009 3:12 pm
by Tanah-Keeta
I used to have State Farm insurance on my boat. They had a no charge rider for the Bahamas. It was much less expensive than the insurance I have now but I don't think they really were good cruising boat insurers.. i.e.. no provision for fuel spills.

You can get a quote from the folks I use

Douglas Cabral
JSM Brokerage
631 765-2777

Mine is about $2700

It is interesting... you are the second person today that said their insurance carrier was dropping boat insurance.

Re: Bahamas Insurance

Posted: Thu Oct 01, 2009 4:45 pm
by Cat Tales
BoatUS charges a $100 rider above your premium for the Bahamas. It can be renewed or dropped every year. They don't insure beyond the islands though.

Re: Bahamas Insurance

Posted: Fri Oct 02, 2009 8:55 am
by MagicDragon
Have no idea if Safeco will issue boat insurance for the Bahamas, or who your local agent would be, but we've been very happy with their handling of our lightning strike. Might be worth getting a competitive quote.

Re: Bahamas Insurance

Posted: Wed Oct 28, 2009 11:19 am
by Mary & Roger
Keenan Marine only charged $80.00 for Bahames endorcement. Great folks to work with. Ph 800-892-1554. Catherine was very helpfull, and got my papers to me real quick. There insurance is way cheaper than Boat US. Roger Comer

Re: Bahamas Insurance

Posted: Mon Dec 14, 2009 5:26 pm
by Bargain Bill
I pay less than $800 / yr from Nationwide.
Agreed Value = $180k
Deductible = $1,000 per occurrence
Liability = $300k

I'm trying to get a rider from another company, but I haven't found anyone who would just add a rider to my current policy. They all want to sell me a 1 year and I hate to give up Nationwide at $800 for a company that charges $2,700/yr. Any Suggestions?