Boat Insurance – What to expect from your cover

If you’re looking to buy boat insurance, then this is what you can expect from your cover when choosing Park Home Assist. Please note that all insurance is subject to terms and conditions.

  1. Cover designed to suit your craft

At Park Home Assist we offer insurance for all types of pleasure craft: from sailing dinghies to yachts, motorboats, narrowboats – including barges and widebeams, plus livaboards and floating homes. We also provide jet-ski insurance.

  1. Choice of cover

Depending on your needs and specific circumstances, you can expect to choose from different types of boat insurance cover options. For example: third party and passenger liabilities only or standard cover (craft damage and third party and passenger liabilities).

If you sail a dinghy or a yacht, then you can choose to be covered for racing risks at various levels – for example, charter organisation events, open racing, club racing or no racing at all.

We also offer laid-up cover for when your boat is ashore, but not fitted out or ready for immediate use, or ready to be launched.

  1. Standard liability

Cover for liability to third parties and passengers includes you and your family’s legal costs in settling or defending a claim, solicitors’ fees and other expenses relating to official enquiries of coroners’ inquests. We offer a liability limit of up to £3million as standard, with up to £5million liability as standard for sailing dinghies and catamarans. There is a liability limit of up to £1million for water skiing and towing of toys and there is no excess on liability claims.

  1. Your craft: What is covered?

You can expect a boat insurance policy from Park Home Assist to clearly specify the risks for which your boat is covered. For example, this may include: Loss or damage to your craft by accidents or deliberate acts of others, such as fire, explosion, collision, sinking, grounding, malicious acts, arson, vandalism; theft or attempted theft, hitting an object that is underwater or partly underwater.

We also provide cover to include salvage, towage and assistance charges, sighting costs and automatic transit cover for craft under 9m long.

  1. Award-winning customer service

When you contact Park Home Assist to enquire about boat insurance or to renew your policy, you can expect excellent customer service from our award-winning team. You can call our dedicated team and speak to someone on the phone, enquire by email or simply renew your policy online.

  1. Boat insurance specialist

You can also expect your boat insurance policy to be underwritten by a specialist marine underwriter: Tokio Marine has 50 years’ experience and our policies are designed to provide comprehensive cover as well as competitive premiums. So, whatever your boating interest, you can expect to find the right insurance policy to meet your needs, with the additional peace of mind that Tokio Marine affords.

This is a marketing article from multi-award-winning Park Home Assist.

Please note that all insurance cover is subject to acceptance of terms and conditions.

To stay up to date with similar topics like this, please like and follow us on Twitter, LinkedIn or Facebook. For more information about any of our other insurance products, please choose your product of interest below:

Published – 23/08/24