Boat Contents Insurance

Boat Contents Insurance – Compare Cheap Quotes

Whether you own a modest angling boat or a small sailboat, a luxury yacht or a high-end catamaran, if your boat has a cabin or cuddy that you store equipment, gear, clothing and devices inside it would be a good idea to ensure your boat insurance includes boat contents cover.

Of course, a basic ‘third party only’ boat insurance policy won’t cover your boat’s contents, since it’s only designed to protect third parties, so you will need to opt for a more comprehensive boat insurance policy instead.

Does comprehensive boat insurance always include contents cover?

 Most comprehensive boat insurance policies should include some level of boat contents cover, but the amount of coverage you get can vary from one insurance provider to the next, so it’s vital that you double check the small print before you sign on that dotted line.

It’s also important to pay attention to any other rules and requirements relating to your boat contents insurance, such as how the vessel should be locked, where it can be moored and how long it can be left unattended without invalidating your cover.

Do boat insurance companies need an estimated value for my boat contents before they can insure it?

Yes, many boat insurance providers do need you to estimate the value of the contents of your boat, and it’s important that you calculate this estimate as accurately as possible because it can affect your payout if you ever have to claim on your boat contents insurance.

Is it true boat contents insurance imposes a maximum amount I can claim for any one item?

Yes, this is known as the ‘single item limit’, and is the maximum amount you can claim for each individual item if you ever have to claim on your boat contents insurance.

However, there is one exception. If you have equipment or belongings that are a lot more valuable that your insurance provider’s single item limit you should be able to include these items on your policy as named items, which will allow you to insure those specific items up to their true value. Doing this might increase your boat contents insurance premium a little, but it’s usually worth doing.

How much does boat contents insurance cost?

Boat insurance specialists take a wide range of different risk factors into consideration when they are calculating the premium for your boat contents insurance, so it’s impossible to give an idea of how much you’re likely to pay without taking these variables into consideration.

For instance, the total declared value of your boat’s contents, the value of any named items on your policy, whether or not your policy includes personal possessions cover for things like jewellery or mobile phones, your boat’s security features and where you usually moor your boat can all affect the cost of your boat contents insurance.

The best plan is to use our price comparison service to compare boat contents insurance quotes from a range of different providers, and then go with the one that offers the best coverage at the best price.