Yacht Hull Insurance
Yacht Hull Insurance from Pantaenius covers you for total loss and partial damage to your yacht.
Fast breakdown assistance
Costs for assistance in an emergency, e.g. towing to the nearest shipyard or delivery of fuel and replacement parts, are covered up to a total of EUR 5,000.
We consider the abandonment of a vessel due to danger to life and limb to be an insured event if your vessel is still missing after three months.
Transport and storage
Land and river transport of your yacht is covered, as are slipway and crane procedures, winter storage and shipyard and repair stays.
Inspection costs included
If you have grounded your vessel, the necessary inspection costs are covered without excess, irrespective of whether any damage is established.
Construction and material errors
Consequential damages resulting from construction or material defects, as well as wear and tear resulting from normal use, are fully covered in the event of an insured peril. Only the damage to the directly affected part is excluded, unless otherwise stated in your quote/policy.
Salvage? No problem!
Unlimited costs are covered without excess in the event of salvage or wreck removal.
I have sold my boat. What happens with my policies?
If you have sold your boat, please inform us immediately by sending us a purchase agreement or transfer certificate by post or by email. Your policies will then be cancelled and premium refunded on pro-rata basis upon transfer.
Can the purchaser take over the policies?
The policies cannot be transferred directly. In the case of existing yacht hull insurance/yacht liability insurance, temporary insurance cover is provided for the purchaser for one month from the date of transfer of ownership. For hull insurance, the purchase price specified in the purchase agreement applies, however up to a maximum of the previous sum insured (agreed fixed value). The purchaser will also receive an insurance proposal, so they can take out new policies.
How is my trailer insured?
Trailers and bearing blocks that permanently belong to the boat are automatically insured under hull insurance.
My trailer is automatically included in the insurance cover, do I need to specify an extra sum?
Yes. To ensure that you have sufficient insurance cover in the event of the total loss of the boat and trailer, a separate additionally insured sum should be specified for the trailer.