Insurance and Carbon Fibre Masts

Archives
1

Posted by Larry (satoriboat@…>)

With my insurance renewnal upcoming I was referred to a highly
regarded broker who does only marine insurance. When he heard the
word carbon fibre he made it clear this was a red flag to his
carriers. Anyone have a broker who is not put off by CF masts? Thanks
in advance for your response.

2

Posted by Lorman, Alvin J. (ajlorman@…>)

My policy is through International Marine Insurance Services, 410-827-3757. Also, BoatUS did not have any concerns about a CF mast.

Al Lorman
F30 Ab Initio

-----Original Message-----From: Larry [mailto:satoriboat@…] Sent: Friday, January 21, 2005 3:42 PMTo: freedomyachts2003@yahoogroups.comSubject: [freedomyachts2003] Insurance and Carbon Fibre MastsWith my insurance renewnal upcoming I was referred to a highly regarded broker who does only marine insurance. When he heard the word carbon fibre he made it clear this was a red flag to his carriers. Anyone have a broker who is not put off by CF masts? Thanks in advance for your response.This email and any files transmitted with it are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error please notify the system manager. This message contains confidential information and is intended only for the individual named. If you are not the named addressee you should not disseminate, distribute or copy this e-mail.

3

Posted by Doug Payne (doug.payne@…>)


State Farm never asked, insured me just
fine.

Douglas M. Payne
Managing Partner Arizona Colorado
Tatum Partners
480-614-4915 Office
480-236-4561 Mobile
480-614-4916 Fax
doug.payne@…
TATUM PARTNERS
Financial and Information Technology Leadership
Tatum CFO Partners, LLP - Tatum CIO Partners, LLP www.tatumpartners.com
This electronic message is intended for the person or entity
to which it is addressed and may contain confidential and/or privileged
information. Any review, dissemination, copying, printing, or other use of this
electronic message by persons or entities other than the addressee is
prohibited. If you received this electronic message in error, please contact the
sender immediately and delete the electronic message from any and all
computers.

-----Original Message-----
From: Larry
[mailto:satoriboat@…]
Sent: Friday, January 21, 2005
1:42 PM
To:
freedomyachts2003@yahoogroups.com
Subject: [freedomyachts2003]
Insurance and Carbon Fibre Masts

With my insurance renewnal upcoming I was referred
to a highly
regarded broker who does only marine insurance.
When he heard the
word carbon fibre he made it clear this was a red
flag to his
carriers. Anyone have a broker who is not put off
by CF masts? Thanks
in advance for your response.




\

4

Posted by Ketch 22 (ketch_22@…>)

I have Allstate. They offer a small discount if you have a homeowner’s policy
with them. Carbon fiver is not an issue.


tm
Ketch 22

-----Original Message-----
From: Larry <satoriboat@…>
Sent: Jan 21, 2005 12:41 PM
To: freedomyachts2003@yahoogroups.com
Subject: [freedomyachts2003] Insurance and Carbon Fibre Masts

\

\ \ \
With my insurance renewnal upcoming I was referred to a highly
regarded broker who does only marine insurance. When he heard the
word carbon fibre he made it clear this was a red flag to his
carriers. Anyone have a broker who is not put off by CF masts? Thanks
in advance for your response.



\ \ \ \
Yahoo! Groups Links


\

5

Posted by Jerome Weinraub (zayde@…>)

Boatus has insured my F33 for years
----- Original Message -----
From: “Larry” <satoriboat@…>
To: <freedomyachts2003@yahoogroups.com>
Sent: Friday, January 21, 2005 3:41 PM
Subject: [freedomyachts2003] Insurance and Carbon Fibre Masts

\

With my insurance renewnal upcoming I was referred to a highly
regarded broker who does only marine insurance. When he heard the
word carbon fibre he made it clear this was a red flag to his
carriers. Anyone have a broker who is not put off by CF masts? Thanks
in advance for your response.

Yahoo! Groups Links

6

Posted by Alan Kusinitz (akusinitz@…>)

You could try www.imiscorp.com as I know they’ve handled freedoms in the past.
Alan
Quoting Larry <satoriboat@…>:

With my insurance renewnal upcoming I was referred to a highly
regarded broker who does only marine insurance. When he heard the
word carbon fibre he made it clear this was a red flag to his
carriers. Anyone have a broker who is not put off by CF masts? Thanks
in advance for your response.



Alan
SoftwareCPR
www.softwarecpr.com

The information contained in this e-mail and any attachments
is intended only for the personal and confidential use of the
recipient(s) named above and may be subject to attorney client
privilege if so marked. If the reader of this message is not
the intended recipient or an agent responsible for delivering
it to the intended recipient, you are hereby notified that you
have received this document in error and that any review,
dissemination, distribution, or copying of this message
is strictly prohibited. If you have received this communication
in error, please notify us immediately by e-mail, and delete
the original message.

7

Posted by Thomas Carlton (Finesse@…>)
Not an issue for USAA or Boat US

8

Posted by andre laviolette (andrelaviolette@…>)
Carbon fiber masts may become an issue when our mast(s) replacement cost is/are more than the agreed on ( underwriters fix an absolute maximum )replacement value of our whole boat. No problem for me yet. New policy too. Insurance co.s had difficulties insuring for over 12,500$ . Former owner paid 10K and added 24,000$ in installed equipment. Have all the bills.Wow. Mast may cost 18K$. Anyone got a serious quote? Andre, Scaramanga F25Thomas Carlton <Finesse@…> wrote:
Not an issue for USAA or Boat US Post your free ad now! Yahoo! Canada Personals

9

Posted by William A. Cormack (wacormack@…>)

It may be that the insurance companies have had bad experience with carbon fiber masts in conventionally stayed race boats which would have been designed with much lower safety margins than our big sticks.

Bill
_________________________________________________William A. Cormack, CPAPrincipal and Chief Financial OfficerWhelan Associates, LLC, a Corporate Real Estate Service Firm100 Faunce Corner Executive Center, Suite 150North Dartmouth, MA 02747Voice: 508-984-4100, Fax: 508-984-4101, Cell 508-254-5828MailTo:wacormack@…

----- Original Message -----
From: andre laviolette
To: freedomyachts2003@yahoogroups.com
Sent: Saturday, January 22, 2005 9:13 AM
Subject: Re: [freedomyachts2003] Insurance and Carbon Fibre Masts

Carbon fiber masts may become an issue when our mast(s) replacement cost is/are more than the agreed on ( underwriters fix an absolute maximum )replacement value of our whole boat. No problem for me yet. New policy too. Insurance co.s had difficulties insuring for over 12,500$ . Former owner paid 10K and added 24,000$ in installed equipment. Have all the bills.Wow. Mast may cost 18K$. Anyone got a serious quote? Andre, Scaramanga F25Thomas Carlton <Finesse@…> wrote: Not an issue for USAA or Boat US


Post your free ad now! Yahoo! Canada Personals

10

Posted by Dave_Benjamin (dave_benjamin@…>)

I was thinking that too. We had a Santa Cruz 52 lose her rig in
surprisingly light conditions during an ocean race. Naturally we were
behind the S/C 52 and when we came upon them in our F-39 we hailed
and asked if they required any assistance. I was concerned about
injured crew. They yelled back that everything was OK, noone was
hurt, and that they’d like to borrow one of our masts.

Historically Freedom rigs are far less likely to fail than any
conventional stayed rig.

Later I found out that the S/C 52 lost the replacement rig as well.

— In freedomyachts2003@yahoogroups.com, “William A. Cormack”
<wacormack@w…> wrote:

It may be that the insurance companies have had bad experience with
carbon fiber masts in conventionally stayed race boats which would
have been designed with much lower safety margins than our big sticks.

Bill

William A. Cormack, CPA
Principal and Chief Financial Officer
Whelan Associates, LLC, a Corporate Real Estate Service Firm
100 Faunce Corner Executive Center, Suite 150
North Dartmouth, MA 02747
Voice: 508-984-4100, Fax: 508-984-4101, Cell 508-254-5828
MailTo:wacormack@w…
----- Original Message -----
From: andre laviolette
To: freedomyachts2003@yahoogroups.com
Sent: Saturday, January 22, 2005 9:13 AM
Subject: Re: [freedomyachts2003] Insurance and Carbon Fibre Masts

Carbon fiber masts may become an issue when our mast(s)
replacement cost is/are more than the agreed on ( underwriters fix an
absolute maximum )replacement value of our whole boat. No problem for
me yet. New policy too. Insurance co.s had difficulties insuring for
over 12,500$ . Former owner paid 10K and added 24,000$ in installed
equipment. Have all the bills.Wow. Mast may cost 18K$.
Anyone got a serious quote? Andre, Scaramanga F25

Thomas Carlton <Finesse@s…> wrote:
Not an issue for USAA or Boat US

Post your free ad now! Yahoo! Canada Personals

Yahoo! Groups Links

a.. To visit your group on the web, go to:
http://groups.yahoo.com/group/freedomyachts2003/

b.. To unsubscribe from this group, send an email to:
<freedomyachts2003-unsubscribe@yahoogroups.com>

c.. Your use of Yahoo! Groups is subject to the Yahoo! Terms of

Service.