Pantaenius has been arranging yacht insurance since 1970 and with over 40 years experience is one of Europe’s most respected providers of yacht insurance. Whatever the shape or size of your yacht, Pantaenius is the insurance specialist for you. With offices throughout Europe, the States and Australia and over 35,000 trusted partners around the world, Pantaenius is well placed to provide the best support, no matter where you are cruising with your yacht.
The unique Pantaenius Yacht Scheme clauses, designed by yachtsmen for yachtsmen, offer some of the broadest boat insurance cover available. We offer comprehensive coverage for your yacht and associated property and cover your legal liabilities as a boat owner for property damage, death and injury, including the liabilities of your crew.
Your Yacht Insurance Solution
As a yacht insurance specialist we constantly review and develop our insurance products to ensure they meet the changing needs of boat owners and remain at the forefront of the yacht insurance market. Our policy is to arrange comprehensive cover that brings together effective solutions for your individual needs.
If you are going to compare boat insurance it is important to look at the cover being offered. There is a general misconception that all yacht insurance policies are the same – they are not!
One of the market leading aspects about the Pantaenius insurance is that it pays the Agreed Fixed Value noted on your policy schedule. This is an amount agreed between you and the insurers at the time the insurance is taken out. Unlike other providers, the Pantaenius policy does not pay the market value at the time of the loss or reserve the right to replace the yacht with similar.
Pantaenius also includes cover for club racing and regattas as standard. For some designs, and if a yacht is being heavily raced certain warranties may be applied in relation to racing. If this is the case, this will be made clear on your policy schedule.
Pantaenius hull insurance also covers you when your sailing boat or motor yacht is used by friends and family, so it is generally fine to lend your boat on a non-commercial basis. Additional benefits include:
- Cover for damage as a direct result of a part failing due to wear and tear; latent defect; corrosion of any kind or rot, only the cost of repairing or replacing the failed part is excluded.
- New for Old cover on all parts and materials less than 10 years of age and is available as an optional extra for boats aged over 10 years.
- No Policy Deductible applied to claims for total loss, personal effects or damage by lightning, fire, theft, or if your yacht is collided with whilst berthed or moored, by a boat which is underway.
- Using carefully selected insurers to underwrite the Pantaenius scheme means Pantaenius is well placed to offer the right insurance solution for you whether you have a sailing boat, motor cruiser or superyacht.
Why not get a quote or discuss your insurance requirements with us.