Thinking about buying or insuring a boat in Preveza Greece??

Thursday 17 January 2013

International Dragon

Insurance Surveys

I had trip out to a barn in West Norwich yesterday to look at this International Dragon - a one-design keelboat for insurance purposes.


When you want to insure a boat, or have to renew an existing policy, your insurance company will need an Insurance Survey in order to determine its insurability for the intended use. This type of survey is often referred to as a Condition and Valuation Survey. The scope of an Insurance Survey approaches a Pre-Purchase Survey, but its focus is on structural integrity and safety and it is less detailed. An assessment of the boat's Fair Market Value is part of this type of survey. Insurance companies usually accept surveys made in the water without a haul-out or sea trial. Your insurance company may have its own requirements for what it considers an acceptable survey and boat owners are advised to consult with their insurance broker before commissioning the survey. An Insurance Survey requires several hours, depending on the complexity and condition of the boat. My survey report is similar to a report for a Pre-Purchase Survey, but somewhat less detailed.

The Dragon was designed by Norwegian Johan Anker in 1929. In 1948 the Dragon became an Olympic Class, a status it retained until the Munich Olympics in 1972. The Dragon's long keel and elegant metre-boat lines remain unchanged, but today Dragons are constructed using the latest technology to make the boat durable and easy to maintain. GRP construction was introduced in 1973 and the rigging has been regularly updated.

The Dragon Class is actively represented in over 26 countries in 5 Continents. There were 1444 boats registered in 2004 and the number of boats built has averaged 45 per year. There are many more which are used for day sailing or cruising. The World Championships are held in every odd year and the European Championships are held annually. The Gold Cup, which can only be held in certain specified European countries, is unique in that all six races count without discard. It is held annually and often attracts over 100 entries, usually starting in one fleet.

A strong Class Association manages the class rules carefully to ensure safety, high quality and uniformity. Spars and sails have a wide range of adjustment during racing, allowing a skillful crew to optimize the boat for any conditions. Crew weight limits, and restrictions on hiking out allow the Dragon to be raced successfully by a range of ages and genders. It is possible to trail the Dragon behind many four-wheel drive vehicles. It is often dry-sailed. It may be raced against boats of other classes, employing a Portsmouth Yardstick handicap of 986[1] or a D-PN of 89.5.[2]

Since 2008 the Dragon is one of the Vintage Yachting Classes at the
Vintage Yachting Games.

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