Speedboat Insurance

Up to 25% no claims discount

If you’ve made no claims in the past 5 years

We won’t be beaten on price

If you find the same level of cover and policy terms elsewhere for less, we’ll beat it and refund the difference.

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Marina mooring discount

Up to 10% discount if you moor your boat in a recognised marina

Why insure your Speedboat with us?

Our Boat (Hull & Machinery) & Third Partly Liability Speedboat Insurance protects your boat against theft, accidental damage, malicious damage and salvage charges. It also includes up to £3 million Third Party Liability as standard which, protects you if your craft damages another boat, someone else’s property or causes injury to a person. With a Speedboat Insurance policy, you can add on optional extras such as Water Ski and Water Toy Liability which will cover you if you cause any damage to property or injure another person, when using water skis, wakeboards, donuts or bananas. If you regularly tow your boat between where you motor and where you keep it, Road Transit can be added on as an optional extra and will ensure that you’re covered against accidental damage, theft or loss when towing your boat. Cover can also be extended to Speedboats permanently moored in Europe.

Our flexible cover options mean you can build a policy that suits you and your Speedboat, so you’ll only every pay for the cover you need. Plus, with our Lowest Price Guarantee, you won’t find a better price elsewhere for your Speedboat Insurance.  

 

About our cover:

  • Build your own policy so you don’t need to pay for any unnecessary extras
  • Quickly add on Road Transit, European cover or Water Toy Liability if you need it
  • £3 million Third Party Liability included as standard with all policies
  • Cruise the inland and coastal waters of the UK and Europe, exclusions apply
  • Our cover extends to any person in charge of your Speedboat, with your permission
  • Up to 25% no claims discount if you’ve made no claims in the past 5 years
  • Up to 10% discount if you moor your boat in a recognised marina

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Get a Quick Quote for Speedboat Insurance

Our flexible policies mean you can choose from two simple cover options and then add the optional extras you require, including European cover, Road Transit and Water Toy Liability.

Boat (Hull & Machinery) & Third Party Liability

This option will cover your boat against theft and damage, as well as covering you for salvage charges. It also covers your legal liability if you damage another boat or property, or injure another person.

What’s included in this cover?

  • Theft of your boat or craft
  • Accidental damage caused by fire, explosion, collision, standing, grounding and heavy weather
  • Accidental damage caused by negligence
  • Malicious damage to your boat or craft
  • Salvage charges and expenses in preventing or minimising damage to your boat or craft
  • Accidental damage caused to another boat or property, or injury to another person
  • Legal costs incurred as a result of damage to a third-party boat or property, or injury to a third party person
  • Cover extends to any person in charge of your boat with your permission
  • Option to increase standard Liability cover from £3 million to £5 million for £40 plus IPT (insurance premium tax)

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Third Party Liability only

Third Party Liability only cover protects you in case you cause damage towards another boat or property, or injure another person whilst on the water.

What’s included in this cover?

  • Accidental damage caused to another boat or property, or injury to another person
  • Legal costs incurred as the result of damage to a boat or property, or injury to a person
  • Accidents incurred when another person is in charge of your boat or craft. Cover extends to any person in charge of your boat with your permission, exclusions apply

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What type of Optional Extras are there to choose from?

Increased standard Third Party Liability cover

Increase your standard third-party liability cover from £3 million to £5 million for just £40 plus IPT (insurance premium tax).

Personal Accident

This will cover you, or any passengers, up to £20,000 in compensation following a serious injury whilst using your boat or craft.

Personal Effects

Protect your personal possessions against theft loss or damage whilst on board your boat. Excludes valuables such as jewellery, cash and mobile devices

European cover

Up to 60 days cover at any one time for inland and coastal waters of Europe

Winter cover (for coastal waters only)

Our standard policy will cover you on coastal waters from the 1st April to 31st October. If you motor outside of these months (1st November to 31st March), Winter cover is essential. If your boat is used on inland waters only, you’re covered all year round as standard.

Water Ski Liability

Add Water Ski Liability cover to protect yourself if you cause any damage to property or injure another person when out on the water.

Water Toy Liability

Protect yourself against any legal claims, if you injure another person or damage their property when towing water toys like Ringos, Donuts, Riders or Banana boats.

Road Transit

If you regularly tow your boat between where you motor and where you keep it, make sure it’s covered in transit against accidental damage, theft or loss, by adding road transit to your policy.

Frost

Frost cover will protect your boat should you experience loss or damage as a result of frost or freezing.

War

Although damage caused by war, strikes, terrorism and other associated risks are rare, the damage caused can be severe. Protect your boat against these risks by adding war cover to your policy.

What does Speedboat Insurance cover?

Speedboat Insurance will cover all speedboats travelling up to a maximum of 50 knots. Speedboats can be moored in marinas, ashore, pontoons and swing, trot or pile. Speedboat insurance will protect your boat against theft, damage and salvage charges as well as Third Party Liability in case you cause damage towards another boat, person or property.

 

How much is Speedboat Insurance cover?

Speedboat Insurance premium costs will depend on a number of different variables, including; the level of Speedboat cover you choose, the speed (in knots) of your Speedboat, your Speedboats value, the age of your Speedboat, your usual mooring type and location (UK/ abroad) and your marine experience and claims history.

Already insured?

WIN a £200 John Lewis / Waitrose Gift Card when you share your renewal date with us.

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Got a question?

Can’t find what you’re looking for? Call 0800 668 1661 and one of our friendly advisors will be happy to help.

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