Hull Insurance for Boats, Sail Boats and Yachts
What am I covered for? This is an important question regarding your future hull insurance. Before considering any policy of insurance you need to be asking yourself ‘what are potential risks and what amount of coverage do I need?
We don’t pretend that scrutinising your insurance policy schedules and the accompanying terms and conditions is the most exciting activity however, if you want to know what your hull insurance covers then this should be your first port of call.
Hull Insurance – what is included?
Hull Insurance covers you for damage to your own boat or yacht and is one of the main types of marine insurance policies available. It covers the repair of a broad range of damage to a ship‘s hull, machinery and equipment. The type of hull cover sought will depend on your intended use of the vessel. Will your vessel be chartered? Do you need cover for racing? Where will the water vehicle be operating? Do you want in-commission use throughout the year? Do you transport your boat or yacht as cargo?
Hull and Hull Plus: Comprehensive Insurance for Your Vessel from Pantaenius
As a marine insurance specialist Pantaenius offers the ideal hull insurance solution, providing a range of comprehensive protection to meet your individual sailing requirements.
As one of the UK’s leading specialists for yacht and boat insurances, it is our goal to provide you with comprehensive cover for your vessel. Since boats come in different shapes and sizes, we also make sure that our insurance is flexible to fit your specific needs. Do you own a motor boat or sail boat? Then our boat cover is your ideal solution. It includes various different covers such as an Agreed Fixed Value policy, emergency accomodation, engine breakdown, New for Old and an All Risks cover. With an Agreed Fixed Value policy, the value of the boat or yacht is agreed between insured and insurer in a contract right from the start and that’s what is covered in the event of a total loss whereas some insurance providers will only offer market value.
Do you need hull insurance for your sailing or motor yacht? Then our „Hull Plus“ is just the right insurance for you. Our comprehensive yacht cover includes all the policies our basic hull insurance is based on. Additionally, it offers a wider range of policies such as higher limits for breakdown assistance or extended breakdown covers and a wear and tear policy.
Important Insurance Products for Boat and Yacht Owners
Are you looking for a insurance that offers cover for damages caused by the crew, owner or guests against a third party while using the vessel? Our yacht third party liability insurance might be the perfect solution!
Marine Liability insurance covers your legal liabilities arising from causing damage to another person’s property (usually another vessel) or causing injury to or death of another person. The majority, but by no means all, of insurers include marine liability insurance in the same policy as the hull insurance. Pantaenius offers its marine liability insurance on its own, as keeping this policy separate means that claims on this policy will not affect the premium or conditions on any associated policy.
Other insurance covers available include Personal Accident Insurance, which pays a sum as compensation for a permanent disability or death. The Pantaenius Personal Accident Insurance is a dedicated stand alone policy offering not only accident cover but also includes additional benefits such as emergency medical expenses and search & rescue costs.
On the right course with Pantaenius
When Pantaenius was established in 1970 its aim was the development of specialised insurance policies with bespoke insurance terms. Since that time, much has changed in the world of insurance but our aim of offering unequivocal cover with the yacht owner our prime concern has remained unmoved.
However, it’s not enough to look at the cover alone, when choosing your hull insurance provider you should also consider the level of customer service that will be offered. And what if you need to make a claim? The only way you will know how good your insurance is, is if you need to make a claim.
Pantaenius has a reputation for its professional conduct in the handling and settlement of claims with quick and efficient claims handling our highest priority. And as sailing isn’t a 9-5 job, Pantaenius operates its own in-house 24-hour emergency claims line ensuring emergency assistance is available day or night, 365 days of the year.
Pantaenius UK Limited is authorised and regulated by the Financial Conduct Authority.
Why not get a quote or call us if you wish to discuss your hull insurance requirements.
How to obtain a quotation