Posted by Sward (swardfullsail@…>)
PS: his mail came in my spam folder - just for your info so you don’t think you didn’t get oneRick 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