Marine Insurance
Boat insurance is not a legal requirement in the UK but if you are investing money in a boat it is foolhardy not to protect it. Most marinas, harbours and mooring areas require evidence of third party cover as a minimum in case your boat causes damage to another boat or property. You also need proof of third party marine cover to obtain an inland waterways license. Lakes and reservoirs tend to require the same.
Our quality marine cover comes with some of the following benefits to protect your investment:
- Special benefits for Marina Berth Holders.
- 12 months in commission.
- Liability cover up to £3,000,000.
- Cruising Inland and Coastal Waters of the United Kingdom.
- Liability to and of water skiers up to £1,000,000.
- Underwater gear cover covered at no extra charge.
- Sail boat racing included.
- No claim bonus rising to 20% after 4 consecutive claims free years (transferable from an existing insurance).
- Personal Accident and Medical Expenses Cover.
- Marine Legal cover is available as an option
Typical marine cover exclusions are:
- Wear, tear, depreciation or gradual deterioration
- Gradual Breakdown
- Boat Corrosion or Marine Electrolysis
- Deliberate acts of negligence or recklessness under the influence of alcohol or drugs
Click here to read Marine Insurance policy documents.
