[PSUBS-MAILIST] insurance

["Carsten Standfuß "]

All SL classe subs have a insurance. 

Nessesary if you try to carry passengers for money. 

The lawer of the children of a 90 years old passenger with a deadly
heardattack on his birthday travel
in your sub will strip you to nothing if you have no insurance. 

Euronaut has no class but a P&I insurance due to the owners good network
in the shipbuilding industry. 
And maybe due to the fact that the owner work as naval architect and
time to time for a classification society..
But anyway passenger have to sign a paper that a submarine is a
potential dangerous machine and they take the trip on there own risk. 

But why you want to insure? The insurance will only cover the damage the
sub do to others. 
I dont think that you sub will do major damage to others. Such a minimum
insurance will cost you about 4000-5000 USD a year. 
A full insurance in all directions will cost you maybe 10 times more. 

And if teh sub sinks it will be much cheaper if you raise it by
yourself. Just in case you survife.. 

For transport on a road you can insure the boat just as cargo or
Motorboat. 
The insurance will not see a special risk in that. And for storage it
should be the same. 

vbr Carsten



"hank pronk" <hanker_20032000 at yahoo.ca> schrieb: 
I have made an attempt to buy insurance for my sub.  I contacted my
insurance broker that I deal with for my business as well as my daughter
who is an insurance broker.  It is not possible unless the sub is
certified.  I was only looking for insurance to cover loss during
storage and during transport.  I was only looking for a set amount to
cover my actual costs.  
My next attempt will be adding cargo insurance through my business and
maybe my home insurance can be modified.
Does anyone have insurance on a sub here?
Hank
 
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