Insurance: Insurance Claims

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Insurance Claims

Printed From: Yachts and Yachting Online
Category: General
Forum Name: Insurance
Forum Discription: Questions and answers related to this topic
URL: http://www.yachtsandyachting.com/forum/forum_posts.asp?TID=9896
Printed Date: 05 Aug 25 at 8:13pm
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Topic: Insurance Claims

Posted By: Kev M
Subject: Insurance Claims
Date Posted: 01 Oct 12 at 11:52am

I know I could ask this question to the insurance company but I don't want to get their heckles up until I know what is likely to happen.

If two boats have a port-starboard incident and need repairing and the non-fault boat claims off of the insurance of the boat at fault, would repairing both boats be classed as one claim or two claims?

It's the difference between £350 excess and £700 excess at stake here.

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Successfully confusing ambition with ability since 1980.

Replies:

Posted By: Noble Marine
Date Posted: 01 Oct 12 at 12:00pm

In my experience only one excess would apply.

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http://www.noblemarine.co.uk" rel="nofollow - Boat Insurance from Noble Marine

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Posted By: pondmonkey
Date Posted: 01 Oct 12 at 12:00pm

AIUI- one excess from the person claiming liability. I'm assuming it's amicable btw?

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Posted By: Kev M
Date Posted: 01 Oct 12 at 12:07pm

Thanks for the replies. It's all amicable, nobody was injured which is the main thing.

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Successfully confusing ambition with ability since 1980.

Posted By: Neptune
Date Posted: 01 Oct 12 at 12:40pm

how much excess! I am presuming you were yacht sailing.

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Musto Skiff and Solo sailor

Posted By: davidh075
Date Posted: 20 Jan 13 at 1:20pm

There's always grey boundaries (inevitably I'm afraid) but as a rule of thumb;

- It's a single excess if it happens at the same time (no matter how many vessels involved or what the extent of the damage).

- Two times excesses will be charged when two separate incidents happen (even if both are on the same day/ involve the same vessel).

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http://www.merciamarine.co.uk - www.merciamarine.co.uk - Boat Insurance from Mercia Marine