Boat Insurance Details

Cover:

Craft up to 7 metres

• The insurance covers accidental damage to the vessel (subject to an excess) and legal liability (up to £2 million, £1 million for water-skiers).
• Cover is extended to cover continental use for up to 30 days any one year.
• Craft must be taken ashore and properly secured when not in use.
• Craft fitted with inboard motors and designed for speeds in excess of 17 knots must also be fitted with an automatic extinguishing system.

Craft over 7 metres

• The insurance covers accidental damage to the vessel (subject to an excess) and legal liability (up to £2 million, £1 million for water-skiers).
• Personal effects in a locked area are covered for limited perils.
• Craft must be properly secured when not in use.
• Craft fitted with inboard motors and designed for speeds in excess of 17 knots must also be fitted with an automatic extinguishing system.

Factors Affecting Insurance Price

There are a number of factors which affect the premium for your boat.

• Your experience on the water and where you will be operating your craft can affect the premium significantly.
• The style, value, and the age of the craft.
• The presence of onboard navigational equipment and previous insurance claims.
• Even your automobile driving experience can affect your boat insurance premium!