Pantaenius is one of the leading boat insurance specialists providing flexible and comprehensive cover for sailing and motor yachts of all shapes and sizes. Your boat insurance is tailored from a range of comprehensive products to meet individual sailing requirements.
Do I need boat insurance?
Insurance is about protecting yourself against the unexpected. You will have no doubt made a sizeable investment in purchasing your boat, damage it without insurance in place and you may find yourself financially unable to repair or replace it. Insurance provides you with the peace of mind of knowing that you are protected from the financial costs resulting from an accident.
So, what about when your boat is out of commission – do you still need to insure your boat then? You’d be surprised to learn how many claims occur whilst vessels are left unattended. Whilst the risks to a vessel laid up are different from the potential risks when afloat there are still risks to your vessel for example lightning, fire, vandalism, theft to name but a few.
You will also find that it is a requirement of many local authorities and marinas that, to use their mooring facilities, you must have a minimum of third party liability insurance in place.
Owning a boat is a unique pleasure, bringing with it limitless opportunities to enjoy the relaxation and freedom. The peace of mind a boat insurance policy provides will take the stress out of sailing and allow you to concentrate on enjoying your time on the water.
What kind of boat insurance do I need?
As boat insurance specialists, Pantaenius offers market leading all risks hull cover and a dedicated third party liability policy, both of which offer comprehensive cover without unclear exclusions. Additionally, Pantaenius can offer dedicated personal accident (including emergency medical expenses and search and rescue) cover to provide peace of mind for both owner and crew.
If you plan to employ crew, you can also call upon the Pantaenius dedicated crew products, tailored to cover your liabilities as an employer and the crew’s accident and medical risks. When making a comparison of boat insurance policies, whilst price is an important factor it shouldn’t be the only factor. You’ll need to look carefully at what cover is being offered. That appealingly low premium for your insurance cover may not be worth it, when you find you’re not protected when you really need it.
Established in 1970, Pantaenius has over 100,000 boat owners worldwide who enjoy the peace of mind our unique and comprehensive policy provides.
Why not get a quote or contact us if you wish to discuss your insurance requirements.