Yacht Insurance

Yacht Insurance

We make buying insurance for your yacht as straightforward as possible. We offer a personal service, listening to our customers carefully so we can provide guidance on the type of yacht insurance you may need.

  • £5m in third-party liability
  • 25% discount after five years
  • Multi-vessel discount
Speak to us:  01603 649650

Our seasoned team manage everything for you from quotations to new policy setups, mid-term adjustments, renewals, and we also have an in-house claims team to assist if the worst happens. Talk to us about your requirements and we will provide you with a comprehensive policy for your needs.

The Alan Boswell Group Difference

We are specialists in providing bespoke insurance for yachts ensuring we meet your precise requirements. Whether your preference is a Ferretti Gulfstar, Solaris, or Jeanneau, we can assist you in selecting the ideal insurance policy for both you and your beloved yacht.

Broads boat insurance adviser

How our customers rate us

I felt the service I received was genuine, warm, friendly and knowledgeable.

Mr Wilkinson - Boat Insurance

Yacht insurance in detail

Benefits of our yacht insurance

Fixed policy excess

The amount you pay is not a percentage of the loss. No excess is payable if your motorboat is damaged whilst moored in a marina berth.

Multi-vessel discounts

Available for two or more boats. Up to 20% discount available depending on the number of boats insured on the scheme.

Keen pricing

We offer what online quote engines can't. By discussing your motorboat with us over the phone or via email, we can obtain competitive cover tailored to your requirements.

Repair clause

Policy will pay up to 125% of the hull sum insured for repairs (to recognise that older motorboats are often more expensive to repair than simply buying a replacement).

Simple to buy

We remove onerous survey requirements and replace it with a simple condition report, including the option to self-certify (just because a boat is 50 years old it doesn't mean it's falling to bits!). For boats over 25 years of age and 26ft or over, a self-certificate survey and two photos are required. We rarely need an independent condition report, but there will be the odd occasion the insurer asks for one.

Generous no claims bonus

Protected discount can be built up over five years at up to 25% discount.

Policy details

Your insurance needs will vary depending on what you sail and where, but can include:

Legal liability for claims made by third parties

Including passengers and guests on-board, or when embarking or disembarking the vessel.

Transit risk

Within Europe. If the yacht is on a trailer and is written off you are covered (bruising, denting, and scratching is excluded).

Loss or damage

To the vessel, gear, and equipment.

Loss of gear and equipment from the exterior

Following forcible theft.

Personal accident cover

For the owner and guests.

Outboard motor cover

In case of dropping off and falling overboard.

Salvage charges and liability

For the cost of raising or removal of the wreck.

Get in touch

Whether you need a quote, have a general enquiry, want to register a claim, or talk it through over the phone, we're here to help.

Speak to us:  01603 649650