What is yacht insurance?

Your fully comprehensive yacht insurance policy covers you for any losses that you sustain to your vessel (dubbed by insurers as Hull and Machinery coverage) and any legal liabilities that you may have to a third party, that have arisen out of your ownership of the vessel (dubbed liability or P&I Insurance). In certain cases, you may decide that you don’t need Hull and Machinery coverage, and may opt for liability only coverage.

How long is a policy period?

Unless specifically agreed otherwise, 99% of yacht insurance policies cover a 12 month period. If you take out insurance today, then it will expire at the same time and day next year

How much does yacht insurance cost?

The cost of yacht insurance depends firstly on the value that you want to insure. Insurers often give you a percentage of the hull sum insured to start off with. You will then have additions and deductions based on where you are using your yacht, for what purpose (racing, charter, deep sea fishing, etc.), what your level of experience is an amongst many other factors whether or not you’ve had any claims.

How It Works

Our Process

CompareYachtInsurance.com provide you with a free online service to get a variety of quotations for when you need to buy Yacht Insurance. We collate your details and send these to our panel of insurers. As soon as you hit submit, our insurers will work hard to get you the best terms and most competitive premiums. From that point onwards you will be communicating with the insurers directly. You can be sure to know that they will review your details and come back to you with a quotation based on what you have specified on CompareYachtInsurance.com.

Our free of charge service means you won’t have to repeat yourself to a number of insurers when it comes round to giving them the details that they need.

No matter which insurance policy you buy, their terms and conditions will vary significantly compared to the other insurance products available on the market. For that reason it is imperative that you have a look through all the quotations which you’ll receive, and make an informed decision as to what product is the most suited for your own needs.
So what are you waiting for? It’s time you make the most of our free service and start buying yacht insurance the right way. You will be sure to know that your information is securely sent directly to the main UK insurers that we are working in conjunction with, and they will be sure to get back to you with their quotations. If you have any questions in the meantime, you can navigate your way through the “About Us – Contact Us” section to get in touch.

Yacht News

Have a read our latest articles where we look to provide tips on looking after your yacht, news that effects the industry and of course ways to get the best yacht insurance policies.

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Boat Insurance

Are you still unsure how Boat insurance works and what is needed to get the best policy? Don't worry, visit our boat insurance page to learn everything you need to know.

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Yacht Insurance

View our yacht inurance page to discover tips on premiums, the factors that will dictate your yacht insurance policy and how to protect against third parties.

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Here at compareyachtinsurance.com we are constantly striving to be the best yacht insurance comparison website for our customers. Our mission is to make the process of buying Yacht Insurance quick and stress free, so you can spend more time on the water!

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