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	- New Build Barge Insurance Information-

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Insurance of barges seems to be generally more related to the value of the barge, rather than size or where moored / cruised, although the later will effect the premium. It would appear that most insurance companies  do not request a structural survey until a new build barge is 20 years old. Original (100 year) old barges generally require a structural survey every 6 years. We shopped around (July 2004) contacting around a dozen insurance brokers and chose the Michael Stimpson & Associates Fitting out Insurance Policy. It costs us £445.50 per year for cover on the tidal River Medway (and Thames up to Sheerness) and all UK inland waterways, this includes a 20% no claims discount from our previous narrowboat insurance. The cover wass for £120,000 rising from £85,000 with a £250 excess and £2,000,000 3rd part liability, with hull survey / inspection due in 2024. This for a 60ft x 12'-6" barge, built in 2004 by Piper Boats. Policy renewed July 2005 for £120,000 rising to £160,000 at a cost of £437.00 (with 25% no claims), cheaper than previous year for more cover !!!!..... so we did not shop around for any other quotes. July 2006, insurance now £500 for £180,000 cover with Royal Sun Alliance through Mardon Marine. July 2007, now £530. No claims bonus can reach a maximum 40% after 6 years and go back 2 years with a claim. I am advised that Michael Stimpson is a boater himself, thus knows about 'boat problems'.  Michael Stimpson & Associates (part of Mardon Marine) have a number of different policies including:-  Narrowboat and Inland Barge Policy Fitting out Insurance (for Narrowboats and Inland Barges) Residential craft content cover Michael Stimpson & Associates, BO Box 115, Rickmansworth, Herts, WD3 1WB. Tel 01923 770425. Fax 01923 721 559  email Michael Stimpson   web www.insurance-marine.co.uk   Mardon Marine, New Zealand House, 160-162 Abbey Foregate, Shrewsbury, SY2 6AL. Tel 0870 1566377  web www.mardon.co.uk   Some other insurance brokers that supplied quotes (2004) are listed below:-   Haven Knox-Johnson;-  £170,000 value, £500 excess, 20% no claims discount = £861.80 premium.   Inland and Coastal Waters of the UK 10 Kings Hill avenue, Kings Hill, West Malling ME19 4QZ tel 01732 223600  email  haven    web www.havenkj.com  GJW Direct:- £120,000 value, £250 excess = £635.30 premium.  UK Inland Waters, moored on tidal River Medway Silkhouse Court, Tithebarn Street, Liverpool, L2 2QW tel 0151 473 8000  email GJW Direct   web www.gjwdirect.co.uk Collidge & Partners £120,000 rising to £170,000, incl £10,000 Personal Accident Cover, £500 excess, 20% ncd. = £785.40 premium.  UK Inland Waterways and inland tidal waters. 15-16 Hawley Square, Margate, Kent, CT9 1PF tel 01843 295923 email collidgeandpartners  web www.collidgeandpartners.co.uk Nautical Insurance Services Limited £120,000, £300 excess, 20% ncd = £635.04 premium Inland and Coastal Waters of the UK 57 Elm Road, Leigh on Sea, Essex. SS9 1SP. Tel 01702 470811 EIS Ltd (Euromarine) £120,000, 10% ncd = £603.50 premium 01843 603345 email euromarine   www.euromarine-ltd.com Some others include:- St Margarets 0800 0180012 Newton Crum Insurance 01424 718800 email quotations@newtoncrum.co.uk Yachtline 020 7403 3884 email St Margarets Craft Insure 01689 889507 email customersupport@craftinsure.com   Please note that these are just price quotation comparisons, and should be used for guidance purposes only. How good an insurance company is, should take into account other 'inclusions & exclusions' within the policy, and how good they are at dealing with claims.   Previous page (VAT <<<             >>> Barge Building Companies Home - Replica Dutch Barges  Created 11th October 2004     -     Last updated 17 March 2008