Insurance cover for Boat or Owner?

[Alan de Enfield]

2 hours ago, MtB said:

 

 

 

That's interesting. I wonder if CRT accept that type of insurance in Option A when applying for a boat licence, given I've always imagined it is the boat they require to be insured all the time, rather than only when in use by a nominated helmsman. 

 

Open to abuse if they do, as such a policyholder could use their insurance to license multiple boats, which would be uninsured if steered by helmsmen other than the policyholder.

 

 

 

 

 

 

 

Hmmm -wonder if the boat is only insured whrn the insured person is on board ?

 

If so, what happenns if it breaks away from the moorings and goes merrily floating down the canal hitting other boats on its way ?

[MtB]

6 minutes ago, Alan de Enfield said:

 

 

Hmmm -wonder if the boat is only insured whrn the insured person is on board ?

 

If so, what happenns if it breaks away from the moorings and goes merrily floating down the canal hitting other boats on its way ?

 

Nothing much.

 

 

0.1 mph collisions are rarely fatal!

 

 

[Alan de Enfield]

3 minutes ago, MtB said:

 

Nothing much.

 

 

0.1 mph collisions are rarely fatal!

 

 

 

Thas helpful, I didn't know insurance only paid out for fatalities, I was under the impresion that it also covered things like bangs, scratches and gouges;

 

The owners of those brand new £250,000 fat-boats can get quite precious.

 

We once had the wind blow us into a boat and snapped the jack-staff,

Owner was most irate, he wanted our details, but I just went into the chandlery and bought him a new one.

[enigmatic]

I'm sure if inland waterways insurers were in the habit of refusing to pay out on third party damage caused by unoccupied boats loosening themselves from their moorings it would have come to CRT's attention by now.

 

There's a difference between the risk of a boat moored by a (supposedly) competent skipper causing third party damage and a boat skippered by an incompetent person. Its much the same as the third party car insurance policy everyone is required to have usually both pay out on damage done when you're not at the wheel and the car rolls down a hill but still has exclusions which mean you can't claim if you're not at the wheel but your teenage son is.

 

Boat insurance is more generous than car insurance though, so you can usually get cheap coverage which allows anyone to helm (and some policies will let you have any named person but aren't necessarily any cheaper).

IIRC Craftinsure's policy wording is happy to cover with anyone at the helm provided there's a competent adult on the boat

Edited December 21, 2023 by enigmatic

[Alan de Enfield]

1 hour ago, enigmatic said:

I'm sure if inland waterways insurers were in the habit of refusing to pay out on third party damage caused by unoccupied boats loosening themselves from their moorings it would have come to CRT's attention by now.

 

The discussion was about if the helm, or the boat is insured.

 

If it is the helm (person) then when he is not on board there is no insurance cover - it will be similar to the Green Flag breakdown insurance where if the vehicle is insured and it breaks down with any driver it is coverered. They also do a named person policy so (say) I have this, then any vehicle I drive has the breakdown cover, but if anyone else were to dive my vehicle, and I was not in the vehicle it would have no break down cover.

 

I must admit that I have never seen a boat insurance policy for the 'helm' only - although I imagine that is what a boat-mover has so that any boat he is on is covered.

 

My boat insurance clearly states that the cover is not in force If a 'paid' skipper is moving the boat, (and other examples) and that they should have their own insurance.

 

see section 2:1:10

 

Edited December 21, 2023 by Alan de Enfield

[manxmike]

My boat was insured and friends and family often used it (my youngest daughter (40) used it more than I did).

One friend I lent it to reversed into the stone side of the canal and bent the rudder - subsequently denying all knowledge and responsibility. It cost me £500 to get the rudder straightened with a special tool, a sledge hammer. The rudder had to be removed, bashed, then refitted. I didn't claim, the insurance wanted full details, where, when, how, none of which I could supply.

[Deep]

I take it that he is no longer a friend.

[Momac]

 

 

C&RT require the boat to be insured for anyone who you allow to use the boat

 

An insurance that is only valid when the insured person  (or people) is (are)on board would not comply with the above requirement.

 

On 20/12/2023 at 14:37, kevinl said:

Interesting question, I just used a specialist boat insurance brokers and assume that it covered everything, never really read the full policy.

K

It is wise to read  contracts before agreeing to them.

No  insurance covers everything

 

[manxmike]

I did have insurance covering everyone who used the boat, but since (as I said earlier the "friend" denied all knowledge) I had no idea where, when or how the incident occurred which was info required by the insurers, I was unable to satisfy their requirements and therefore did not claim.

Edited February 28 by manxmike
missed a bit!