Why purchase boat insurance?
Boat insurance is not actually a legal requirement in the United Kingdom but there may be circumstances where you will need to provide evidence of insurance, whether for marine finance, or to satisfy a marina, harbour or waterways authority for example.
If you have invested thousands of pounds in a boat it's also wise to protect that investment. And in today's litigious world with the current level of compensation awards we strongly recommend insuring your boat, however large or small.
The boat insurance policies offered by Craftinsure provide comprehensive cover to safeguard your investment, along with Third Party insurance of £3,000,000, exceeding the requirements of British Waterways and others.
When should I buy boat insurance?
You should start your boat insurance the moment you have a financial interest in the vessel. When purchasing on line with Craftinsure you can select a policy start date up to 30 days ahead to save leaving things to the last minute.
What should I be looking for?
When arranging boat insurance, make sure any declarations you make are correct as they will be the basis of a legally binding contract between you and the insurer. Also check that the boat insurance will meet your requirements. Click on Summary of Cover to see the key facts or view a sample policy when obtaining your boat insurance quotation for full details.
When choosing a boat insurance company, make sure they are fully authorised by the Financial Services Authority (FSA). It is also likely to help if they are members of the British Marine Federation as this indicates that they are specialists who may be better able to understand your needs and requirements.
Want to know more about our cover? See our Boat Insurance Quote Guide for more details on the cover we offer.