Insurance with a 20% Storm Deductable???

[Saltrun]

We are trying to renew our insurance for the Caribbean waters, and just was quoted an increased premium over last year of 25 percent. Even better, is that the “Any Named Storm” deductable is 20 percent of the boat value. For us, that is almost 90,000 dollars of deductable. And, we haul out in Grenada, south of the hurricane zone. I can only imagine if we kept it in Florida or Puerto Rico.
I am insured now through Lloyds but would love other options. At some point, it seems that insurance cost might not make it worth the reward. Sorry about all the boats that were damaged last year, I suppose everyone pays now, including those of us who made the trek South to safer waters. Anyone have any better insurance options that we might look into?
Chris
SV Disco Volante