Reply To: Finn Insurance rates 2017

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#2726
Andrew Wylam
Participant

I have just had a requote today and with RYA membership as an existing client of Blue Finn/Bishop Skinner the revised price is now only 30% uplift on the old cost of last year’s 2016 this give a price of a revised premium of £260.23 (including the optional legal expenses at £9.50) to renew your 2017 marine policy. I was not happy to find out that my insurance had increased by 100% overnight and some people had insured their boats just two weeks before got their boats for the pre increases prices
If you wish to get the 30% max uplift you need to contact BlueFinn and request it you do not get it with the online tools even if they know you are a member of the RYA!
However, this is only for this year next to the year 2018 it will be the £400+any increases!
This takes it up to the same price quoted by GJW Direct I have a price of £254.00 Has anyone had experience with them?
Boat Insurance cost is not looking good for the Next few years!
I have asked John Heyes if the BFA can look at options to try and get a better price for BFA members and if we can get some sort of feedback as to how many claims we as a fleet have made over the last year 2016. I was told by Blue Finn as a class has been moved into a different group was this down to claims or risk assessment by someone at the insurance company I don’t see why we should have had a 100% uplift without some sort of reason been given.

Thanks
Andrew Wylam
GBR22