Failed maneuvers, collisions, fire and theft are only a few dangers to which boat owners are exposed. Accordingly, the range of offers for insurance is broad, which they can complete for their boat.

The owner of a yacht or a boat protects the liability insurance from claims for damages by third parties: for example, after a collision. However, if you are not the boat owner, this falls within the competence of skipper liability insurance. The insurance contributions depend on the engine strength of motorboats and the sail area for sailing boats.

Damage to your own ship, as well as to accessories and equipment, are covered by the comprehensive insurance. However, since the insurance cover is to remain affordable, damage caused by gross negligence is usually not included. Of course, both partial and fully comprehensive insurance are available. The annual contributions are usually calculated depending on the frequency of use and the place of use, i.e. on inland waters in Germany or throughout Europe, or even on oceans.

Insertor accident insurance is also offered by some companies for boats or yachts: it secures the owners, the skipper, the crew or guests in the event of accidents on board that lead to disability or death.

Insurance solutions for super or mega yachts always require individual agreements. Customers should use their insurance expert to determine which protection is relevant to them and which is not. Special yachts need special conditions to optimally protect the insured value. This applies to mostly yachts, whose purchase price is over 350,000 euros.

Since vehicles have been falling to water with engine since 1995, it is advisable to take out special legal protection insurance for this. This helps whenever one's right to enforce only with lawyers. These insurances often also apply to the skipper and the crew and protect in criminal law, contract law and damages law.

By informing oneself about all the risks, defining your own risk and then choosing the right tariff, you protect your boat and ensuring that you do not spend money on unnecessary protection.