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Yacht insurance

 

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.

Contact us for more information

Transporting your yacht

 

Around 80% of our sales are performed to Buyers coming from almost all over the globe.

 

Therefore we can assist you in preparing your yacht for transportation, packing or winterize her before you decide the transport her.

 

We can assist you in spotting the right transporting companies and getting the tools, such as cradles, trailers, tracks or other for shipping your Yacht to the desired destination.

 

Or you may need a skipper with experienced crew to do that for you - just let us know and we will recommend to you such.

Contact us for more information

Moorage in Greece

 

We can help you find moorage in Greece in the area that better suits your needs and destinations.

 

Just let us know where you would prefer to keep your boat and mostly where you wish to cruise, in order to search for the optimum for you, solution.

Contact us for more information

Yacht maintenance

 

We can recommend to you maintenance specialists who can take care of your Yacht all year long or for as long as you need.

 

They can take care of the paperwork required for your staying and cruising in Greece, as well.

Contact us for more information

Repairs, refits and upgrades

 

Our contacts with yachts’ specialists, shipyards and technicians, enable us to assist you in making the right work at the right price for you.

 

Whatever you may need i.e. mechanical, technical, electronic, etc. just let us know and we will do our best to find for you the optimum solutions.

Contact us for more information

Lawyers in yachting transactions and their contribution

 

We cooperate with yacht legal experts (Lawyers) that can handle all the paperwork for the safe transition of the Yacht’s ownership to you

 

They will draft the MOA, act as Stakeholders for the down-payment, will check:

  • the validity of the documentation
  • for liens, mortgages, encumbrances
  • payment of all taxes
  • payment of the marina fees
  • payment proof of the EU VAT (if paid)
  • payment of the relevant public authorities such as Seaman fund, Maritime chamber

 

They will, as well:

 

  • prepare the Bill of Sale and the Protocol of Delivery and Acceptance
  • be present at the closing of the sale
  • supervise the deletion from the Greek registries
  • issue a Transit Log (DEKPA) if the boat will cruise in Greece or leave through the sea
  • advise you about the new registry, alternative solutions and any other enquiry you may have

 

We can recommend to you such Lawyers that you can contact them directly

Contact us for more information

Walkthrough Survey by qualified Surveyors / low cost Inspection

 

If you wish to receive an inspection to a yacht you are interested for, but not to proceed to a full Pre-purchase Condition Survey mainly due to the cost of such, we can arrange that for you.

 

A Surveyor will visit the yacht of your interest and will make a short Inspection in the major areas of the Yacht (around 30 points) such as:

 

 

  • Hull, Shafts, Propellers, Rudders, Brackets, Keel (sailing yachts) - provided that the yacht is ashore, otherwise haul out/in costs must be covered

 

  • Deck, Topsides, Transom, Rails, Mast and Rigging (sailing yachts)

 

  • Bilges around keel/hull joining area (sailing yachts)

 

  • Internal Condition

 

  • Tender and Outboard

 

  • Navigational electronics

 

  • Any existing damage

 

  • Engine room superficial inspection

 

  • Three other special points requested by the Buyer

 

  • Around 30 images with points to be considered

 

 

He will provide you with a two-three pages report.

 

If you will decide to purchase the specific yacht, after the inspection and the signing of a MOA, then we advise you to proceed to a full Pre-purchase Condition Survey, as per previous session and ask your Surveyor for a discount!

Contact us for more information

Pre-purchase condition Survey by qualified Surveyors

 

Once your offer on a yacht has been accepted and a MOA has been drafted by your lawyer signed by both you and the Seller, we advise you to appoint a qualified Surveyor to go over the Υacht and present to you a detailed Pre-purchase Condition Survey Report with all his findings and recommendations

 

That will, mainly, give you three benefits:

 

a) You will know the actual condition of the Υacht

b) You will present it to your insurance agents

c) You can present it to a future Buyer, whenever you will decide to sell your Yacht

 

If you wish we can provide you with a choice of Marine Surveyors that you can contact them directly

Contact us for more information

Sell your Yacht with ALVEA YACHTS

 

Alvea Yachts has an almost 14 years proven record in selling selected yachts all over the world.

 

We have developed an extremely sophisticated CRM tool, that constantly brings together buyers and sellers from all over the globe.

 

We advertise your yacht for sale by employing all those advanced marketing ideas, ensuring that your yacht will stand out from the yacht crowd and will be exposed to a large number of potential customers.

 

 

You are more than welcome to contact us for discussing about how we can promote effectively your yacht for sale:

 

mob   +30 6972 505000

fixed   +30 210 6710110

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We use powerful and sophisticated marketing strategy and tools such as:

  • Extensive presence in the top international yachting portals
  • Reach, targeted to your yacht, network of buyers from our large customer database
  • Emphasizing on your yacht’s special features that add to the yacht’s sales value
  • Optimization of your yacht presentation by using classic and 360.jpg images
  • Online analytic reports for the hits and leads that your yacht receives every month
  • Price monitoring: Market analysis of the competition locally and globally for providing vital information about the your yacht's market environment and competitive boats pricing
  • Immediate response to Buyers’ specific worries and assistance for matters such as: legal, surveyors, transportation, maintenance, mooring and other

 

 

We Respect Your Yacht

Your yacht is no doubt, one the most precious possessions and a very significant investment.

We want to ensure you that we are doing our best, so that you will receive the best possible price the market can offer you, when the time to sell comes.

Contact us for more information