Lloyds not insuring Beneteau sailboats

Dec 21, 2017
6
Beneteau 31 Vancouver
My insurance is coming due in July and I was just notified by my agent that Lloyds is no longer insuring beneteau boats. Has anyone else experienced this? I was told they are no longer insuring beneteau sailboats because there are too many of them and a lot of claims. Seems fishy to me.
 

Rick D

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Jun 14, 2008
7,139
Hunter Legend 40.5 Shoreline Marina Long Beach CA
My insurance is coming due in July and I was just notified by my agent that Lloyds is no longer insuring beneteau boats. Has anyone else experienced this? I was told they are no longer insuring beneteau sailboats because there are too many of them and a lot of claims. Seems fishy to me.
Odd. I would call Lloyds directly to double check. If true, there's more to that story...
 
Mar 20, 2016
594
Beneteau 351 WYC Whitby
My insurance is coming due in July and I was just notified by my agent that Lloyds is no longer insuring beneteau boats. Has anyone else experienced this? I was told they are no longer insuring beneteau sailboats because there are too many of them and a lot of claims. Seems fishy to me.
It wouldn't surprise me they have cut corners so much as in the rigging on newer boats I have personally seen 2 failures where the U-bolt pulled thru the deck . Boats like mine have rods transferring the loads down to the hull and matrix. Beneteau did come good for the repairs .
 
Jan 19, 2010
1,171
Catalina 34 Casco Bay
Isn't Beneteau a prime supplier of charter and bareboats? This may just be the losses of 2 years ago catching up.