Yacht insurance is a legal obligation in almost every country.
Yacht owners know well that in order to really enjoy a journey, it must be accompanied by a feeling of safety and security.
You might know many things about your yacht, but you should not ignore the risks that may threaten your yacht and you as the owner.
The protection of your large investment in a yacht against loss or damage, which can result to a very costly invoices, should be anticipated.
And it should not get underestimated that third party liability is usually the most frequent claim received when it comes to boat insurance.
The insurance can cover aspects such as:
Third Party Liability
Bodily injuries, Material damage, Sea pollution according to Law 4256/14
Third Party Liability and Hull & Machinery according to IYC 1/11/85
- Perils of the seas
- Grounding sinking
- Fire
- Theft of the entire vessel or equipment
- Losses caused by contact with dock or harbour equipment or installation and with floating or steady objects
- Towing
- Malicious acts
- Lifting or hauling out of vessel
- Salvage charges
- Jettison
- Eathquake volcanic eruption or lightning
Optional coverage
- Skipper chartered
- Transit cl 122
- Skiers liabilities
- Racing risks extension for S/Y
Our cooperation with international insurance companies and agents is at your service.
If you wish to insure your yacht, we will recommend to you insurance companies or agents that can provide you with quotes according to your needs and local obligations i.e. age-value-size and engines of the Yacht, type of use, country, cruising waters etc.
