The Advantages Of Pleasue Boat Insurance

Saga boat insurance has recently released the top ten reasons why boat owners claim from their boat insurance brokers, and topping the list for UK boat owners ( as well as other owners around the world) is hitting a submerged object during cruising. Hardly a great surprise, and not an accident or claim that can easily be avoided, unlike the second which was theft, and the company has recently advised all its policy holders to secure valuables both when on board and when the yacht is secured overnight or for longer periods. Top of the list for thieves is wet weather gear, GPS navigation equipment, and valuable personal items, all of which should be stored securely or removed from the boat for longer periods, and the most popular period is during the summer months.  In addition curtains should be closed when the boat is moored, and life rafts, tenders and motors should be secured with good quality locks. Believe it or not there is also a market for copper and bronze, another target for thieves, so again, bells, plaques, etc should be removed where the boat is lying up for any period of time.

The third most common claim for boat insurance is a collision with another boat, closely followed by storm damage and theft while in storage, while flooding and sinking took up the sixth and seventh positions on the top ten list. The remaining top ten claims were taken with fire, accidental damage and owner negilgence. Naturally whilst your boat insurance policy will cover you for most claims, there is always a duty of care to ensure that you have take all reasonable precautions to avoid making a claim, and the old addage always applies – make sure you read the small print on your boat insurance quotes, before signing on the dotted line!

Leave a Reply