Group: Forum Members
GEICO is not renewing our policy on our US flagged 46 foot cutter Katahdin which is based in Grenada. It is laid up there for the summer below the traditional hurricane box in the Caribbean.
We have a proposal from Global Yacht Cover through Fasnet Marine Insurance Services in Southhampton, said to be underwritten by ERGO Versicherung AG, an affiliate of Munich RE.
The premium is favorable as are the deductibles. The local agent advises that it has used Global for many years and has not had issues.
Does anyone have any experience with Fasnet Marine Insurance Services or Global Yacht Cover?