Insurance: Insurance to cover renting/ chartering

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Insurance to cover renting/ chartering

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=5324
Printed Date: 27 Jun 25 at 2:53am
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Topic: Insurance to cover renting/ chartering

Posted By: nathan
Subject: Insurance to cover renting/ chartering
Date Posted: 18 Mar 09 at 4:56pm

Someone wants to borrow/ rent/ charter my dinghy for an event. I'm trying to get suitable insurance- as I may look to do the same again in future to ofset some running costs.

Speaking to a few insurance companies they all say no we don't cover for that. Someone must?

I appreciate a lot of you will be thinking 'turn a blind eye etc' but I want it done by the book- even if the insurance is only for 3rd party damage/ liability etc...

Replies:

Posted By: Noble Marine
Date Posted: 18 Mar 09 at 5:10pm

Nathan

I've sent you a pm

Jon
Noble Marine

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

http://www.facebook.com/noblemarine" rel="nofollow - Noble Marine on Facebook .

Posted By: craiggo
Date Posted: 18 Mar 09 at 5:27pm

I can remember when I borrowed a Dart 18 for the student nationals back in 1997 that the only way I could get insurance was to take out a full policy and then cancel it after the event. They then returned a percentage of the premium back.

Dont know how it would work now, as many policies exist that enable others to sail your boat as long as they have your permission.

Posted By: Noble Marine
Date Posted: 19 Mar 09 at 8:25am

All of Noble Marine's policies, in common with the majority (but not all) of other insurers' policies, do enable anyone to borrow the insured boat with the policyholder's permission, but would exclude cover if the boat is let out for hire or charter.

If it's a one-off, then speak to your insurers as I imagine that they would agree to extend cover for long-standing customers, although an additional premium may be charged.

Jon

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

http://www.facebook.com/noblemarine" rel="nofollow - Noble Marine on Facebook .