Speedboat Insurance

Craftinsure Speedboat Insurance Updated 2022

Craftinsure Speedboat Policy is Fully Comprehensive, All Risks cover. It's Plain English has been specifically designed for Speedboats of up to 50 Knts. Cover is for Inland and Coastal waters of the UK plus 30 days in Europe is included and £5,000,000 Third Party limit including liability cover for watersking and wakeboarding.

Craftinsure Speedboat Insurance

  • Specialist Speedboat Insurance from the leading online Boat Insurer
  • Loss or damage from fire, theft, accident or malicious damage
  • Cover for underwater gear
  • Recover of Speedboat following loss
  • Inspection of Speedboat following grounding even if no damage found
  • Cover whilst moored afloat unattended on Non-Tidal waters and Tidal Marinas
  • 30 days cover whilst in Europe
  • Loss or damage whilst in transit by road
  • Includes cover for trailer
  • £5,000,000 Third Party Cover including Waterski and Wakeboard liability
  • Monthly premium payment @ 0% credit

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What is Insured?

Cover for your craft, including trailers and outboard motors
  • Loss or damage, including accidental damage
  • Repair or replacement up to the sum insured stated in your policy
  • We will pay the agreed value or replace the craft after a total loss.
  • Loss or damage whilst in transit by road
  • Recovery of the vessel following a loss
  • Loss or damage to protective covers

Cover for you
  • Your legal liability – third party cover to others for injury or damage caused up to £5,000,000, including water skiing and wakeboarding.
  • Cover for others using your boat with your permission
  • Legal costs incurred in defending a claim against you or in pursuing a claim against a Third Party for damage to your boat

What is not Insured?

  • Loss or damage caused by the vessel being in an unseaworthy condition
  • Wear, tear, depreciation or gradual deterioration
  • Theft of outboard motors unless securely locked using an anti-theft device
  • Theft of outboard motor unless you have safely recorded the serial number
  • Mechanical or electrical breakdown.
  • Loss or damage to personal effects
  • Loss or damage whilst the craft is left unattended afloat unless in a marina or on non-tidal waters.
  • The vessel operation outside of the territorial scope shown in the policy.
  • Racing or speed trials.
  • Wilful misconduct or recklessness by you or other persons in control of the vessel (including whilst under the influence of alcohol or drugs).
  • Towing of inflatable toys (rings, donuts, etc.) is excluded.

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Agreements

Agreement details

Cover

  • Repair or replacement up to the sum insured stated in your policy
  • We will pay the agreed value or replace the vessel after a total loss.
  • Loss or damage whilst in transit by road (provided by road haulier if over 30ft/9.14m in length)
  • Inspection of the vessel after grounding, even if no damage is found.

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