Reviewed Feb 2017
My original insurer, quoted me a premium on my new boat (Cavalier 43) of over $7000 for a value of $135000, while birthed in the Breakwater Marina, Townsville.
My new insurer, Club Marine, quoted $1700, for the same vessel and value, also exempt me from having to undergo an out of water survey until next time I lift her out - 5 stars.
I was amazed at the different responses from insurers for the same vessel and insurance conditions, birthed in the same Marina. Obviously SGIO are not interested in insuring boats in the tropics, regardless of the Marina cyclone rating!!