IMIS Insurance Rep

Posted by Rick Higgens (higgens@…>)

I’ve gotten several requests for my friend’s email. He is:
“Reese Scott” <Reese@…>
Feel free to contact him for a quote of for insurance questions. But
don’t expect the “fellow rock-band member” discount :slight_smile:

— In FreedomOwnersGroup@yahoogroups.com, “Rick Higgens”
<higgens@…> wrote:

I have an old friend (we played in a rock band back in the days of
bell-bottoms and long hair) who is a long time agent for IMIS. It’s
nice to have a trustworthy friend in the business and when I was 1st
shopping boat insurance he told me that, even worse than auto
insurance, all marine policies are not equal and he reviewed a couple
of contenders for me and explained some of the verbiage they speak.
Anyway I asked him about this issue and Markel and here’s his
response…

“Markel has (I believe) at least 4 different programs for sailboats.
The Helmsman policy that we are suggesting for you does not have the
carbon fiber spar wording that you mention below. There are other
Markel programs which could be used for any number of reasons –
cruising, racing, unusual boat, old boat, etc… Or there could have
been a special endorsement applied to a Helmsman policy if there were
something about the boat or mast that Markel had concerns about.
Typically, carbon fiber spars are very problematic as they are usually
associated with and designed for racing boats. When you shave every
pound off that you can, you sacrifice strength. Even if the spar is
hit by lightning, special procedures and equipment must be used to
check it’s integrity. Everything about them is very expensive.
Again, your boat is totally different than that.”

So Al, check you policy type, you may be ok. And by the way if anyone
is looking for a insurance reference, I’d be happy to send my friend’s
contact email. He saved me some money when I 1st signed with him last
year and offered me another option this year that was $300 less and
comparable.

Rick
F30 Nauti-Belle

— In FreedomOwnersGroup@yahoogroups.com, “Al Lorman” <ajl@> wrote:

Darn, they’re my insurer, too.

Al

From: FreedomOwnersGroup@yahoogroups.com
[mailto:FreedomOwnersGroup@yahoogroups.com] On Behalf Of Geoffrey
Schultz
Sent: Thursday, November 29, 2007 8:18 AM
To: FreedomOwnersGroup@yahoogroups.com
Subject: [FreedomOwnersGroup] Re: mast insurance F33 / F35

The insurance is underwritten by Markel [American] Insurance Company.

– Geoff

— In FreedomOwnersGroup@yahoogroups.com
mailto:FreedomOwnersGroup%40yahoogroups.com , “Al Lorman” <ajl@>
wrote:

Geoff:

I have my insurance through IMIS as well. They’re a broker, not an
insurance
company. Do you recall which company actually wrote your policy?

Al Lorman

F30 Ab Initio

From: FreedomOwnersGroup@yahoogroups.com
mailto:FreedomOwnersGroup%40yahoogroups.com
[mailto:FreedomOwnersGroup@yahoogroups.com
mailto:FreedomOwnersGroup%40yahoogroups.com ] On Behalf Of Geoffrey
Schultz
Sent: Wednesday, November 28, 2007 9:16 AM
To: FreedomOwnersGroup@yahoogroups.com
mailto:FreedomOwnersGroup%40yahoogroups.com
Subject: [FreedomOwnersGroup] Re: mast insurance F33 / F35

I have a 40/40 insured with IMIS, which is a well known insurer who
handles off-shore/international. This year their policy changed
such
that non-aluminum masts are depreciated at 5% per year up to 50%.
Here’s the new wording:


Repair or replacement of a spar constructed over a year before the
loss
of material other than aluminum shall be construed to be
betterment,
and for each full year of age of such spar a deduction of five
percent
of the cost to repair or replace the spar shall be made, however,
in no
case shall more than one half of the cost to repair or replace the
spar
be deducted.


– Geoff

Posted by lolaltd (lolaltd@…>)

About that IMIS insurance rep. I tried to cut and paste the address,
and I could not send. I found the problem : there is a space before net.

Hope this helps others.

Posted by Sward (swardfullsail@…>)
I just clicked on it in the message and it went-it didn’t come back so I hope it was oklolaltd <lolaltd@…> wrote: About that IMIS insurance rep. I tried to cut and paste the address,and I could not send. I found the problem : there is a space before net.Hope this helps others.“Life is a Reach, then you Jibe” SWARD

Posted by Sward (swardfullsail@…>)
I have gotten a response from Reese-so the email did go out yesterdayRick Higgens <higgens@…> wrote: I’ve gotten several requests for my friend’s email. He is:“Reese Scott” <Reese@IMIScorp.net> Feel free to contact him for a quote of for insurance questions. Butdon’t expect the “fellow rock-band member” discount :-)— In FreedomOwnersGroup@yahoogroups.com, “Rick Higgens”<higgens@…>
wrote:>> I have an old friend (we played in a rock band back in the days of> bell-bottoms and long hair) who is a long time agent for IMIS. It’s> nice to have a trustworthy friend in the business and when I was 1st> shopping boat insurance he told me that, even worse than auto> insurance, all marine policies are not equal and he reviewed a couple> of contenders for me and explained some of the verbiage they speak. > Anyway I asked him about this issue and Markel and here’s hisresponse…> > “Markel has (I believe) at least 4 different programs for sailboats. > The Helmsman policy that we are suggesting for you does not have the> carbon fiber spar wording that you mention below. There are other> Markel programs which could be used for any number of reasons –> cruising, racing, unusual boat, old boat, etc… Or there could have> been a special endorsement applied to a
Helmsman policy if there were> something about the boat or mast that Markel had concerns about. > Typically, carbon fiber spars are very problematic as they are usually> associated with and designed for racing boats. When you shave every> pound off that you can, you sacrifice strength. Even if the spar is> hit by lightning, special procedures and equipment must be used to> check it’s integrity. Everything about them is very expensive. > Again, your boat is totally different than that.”> > So Al, check you policy type, you may be ok. And by the way if anyone> is looking for a insurance reference, I’d be happy to send my friend’s> contact email. He saved me some money when I 1st signed with him last> year and offered me another option this year that was $300 less and> comparable. > > Rick> F30 Nauti-Belle> > > — In FreedomOwnersGroup@yahoogroups.com, “Al Lorman” <ajl@> wrote:> >> > Darn, they’re my insurer, too.> > > > > > > > Al> > > > > > > > From: FreedomOwnersGroup@yahoogroups.com> > [mailto:FreedomOwnersGroup@yahoogroups.com] On Behalf Of Geoffrey> Schultz> > Sent: Thursday, November 29, 2007 8:18 AM> > To: FreedomOwnersGroup@yahoogroups.com> > Subject: [FreedomOwnersGroup] Re: mast insurance F33 / F35> > > > > > > > The insurance is underwritten by Markel [American] Insurance Company.> > > > –
Geoff> > > > — In FreedomOwnersGroup@yahoogroups.com> > mailto:FreedomOwnersGroup%40yahoogroups.com , “Al Lorman” <ajl@> > > wrote:> > >> > > Geoff:> > > > > > > > > > > > I have my insurance through IMIS as well. They’re a broker, not an > > insurance> > > company. Do you recall which company actually wrote your policy?> > > > > > > > > > > > Al Lorman> > > > > > F30 Ab Initio> > > > > > > > > > > > From: FreedomOwnersGroup@yahoogroups.com> > mailto:FreedomOwnersGroup%40yahoogroups.com > > > [mailto:FreedomOwnersGroup@yahoogroups.com> > mailto:FreedomOwnersGroup%40yahoogroups.com ] On Behalf Of Geoffrey > > Schultz> > > Sent: Wednesday, November 28, 2007 9:16 AM> > > To: FreedomOwnersGroup@yahoogroups.com> > mailto:FreedomOwnersGroup%40yahoogroups.com > > > Subject: [FreedomOwnersGroup] Re: mast insurance F33 / F35> > > > > > > > > > > > I have a 40/40 insured with IMIS, which is a well known insurer who > > > handles off-shore/international. This year their policy changed > > such > > > that non-aluminum masts are depreciated at 5% per year up to 50%. > > > Here’s the new wording:> > > > > >
***> > > Repair or replacement of a spar constructed over a year before the > > loss > > > of material other than aluminum shall be construed to be > > betterment, > > > and for each full year of age of such spar a deduction of five > > percent > > > of the cost to repair or replace the spar shall be made, however, > > in no > > > case shall more than one half of the cost to repair or replace the > > spar > > > be deducted.> > > ***> > > > > > – Geoff> > >> >>“Life is a Reach, then you Jibe” SWARD