Why do I need insurance for my sailboat?
Sailboats
Sailboats
We offer you comprehensive protection. Our insurance coverage protects you and your sailboat against unforeseeable damage, shielding you from financial costs.
We offer the following coverage options:
It does not matter whether your sailboat has an engine or not. We, at Hanseatische Kasko Versicherungsagentur, will consult with you and prepare a customized quote. It is irrelevant whether you are the sole policyholder or part of a joint ownership group.
But why do I need a liability insurance?
Sailboat Liability insurance is not only practical, but also highly recommended. Liability insurance covers damage you cause to third parties with your sailboat. With Liability insurance, you are covered if you cause damage to someone else's property or injury to another person. Many people believe that accidents are relatively rare on the world seas, but they are mistaken. Have you ever considered that a fire could start on your boat at the pier or in the hangar and then spread to someone else's property? Would you be able to pay for the damage? That's where we come in!
What are the advantages of our sailboat liability insurance?
- Coverage up to EUR 15 million for personal injury, property damage, and pecuniary loss
- Worldwide insurance coverage
- Dinghy included in the policy at no extra cost
- 24-hour claims hotline
- Bad debt protection kicks in if your own boat is damaged by a third party who is unable to pay (in accordance with section 6 of the special conditions).
- etc.
What are some typical claims for which we offer the right protection?
- A collision with a pier during a mooring maneuver
- An accident involving your sailboat with a diver or swimmer
- A fire that starts on your sailboat and ignites other objects
- The insured trailer rolls away on private property and causes an accident
- etc.
Sailboat Hull Insurance
Do I need hull insurance in addition to my liability insurance?
Yes, to cover damage to your own sailboat. The Hull insurance protects you and your sailboat against damage caused by your own fault and/or the fault of others. We offer you all-risk coverage. This means that everything is insured unless it is specifically excluded in our terms and conditions.
Fixed value
The fixed value is the current value of the items to be insured at the time of contract conclusion. For new boats, this corresponds to the purchase value. The amount of the sum insured is considered an uncontestable value. The objection of underinsurance is therefore excluded.
Our insurance coverage protects the costs of your sailboat against the following events, for example:
- Fire, lightning strike, explosions
- Storm damage, force majeure
- Theft, burglary
- Accidents, collisions
- Vandalism
- Osmosis damage (within the first 24 months)
- etc.
And where am I allowed to sail my boat?
We offer different sailing areas, within which we provide you with insurance cover.
Find our map with the different sailing areas here. (Map)
- On all standing European waters
- On all inland waters in Europe; excluding the waters of Russia, Belarus, Ukraine, Moldova, and Georgia
- North and Baltic Sea: On the Baltic Sea without restriction—excluding the waters of Russia, Belarus, Ukraine, Moldova, and Georgia; On the North Sea, with the border from the northern Scottish town of Thurso along the Orkney and Shetland Islands on the western side (three-mile zone) and continuing in a straight line to the entrance of Trondheim Fjord, whereby trips in Trondheim Fjord are also insured; the boundary in the southern part, at the mouth of the English Channel, is formed by a straight line from Land's End in southern England to the French island of Ouessant and on to Brest
- Mediterranean + Atlantic coast
- A worldwide sailing area can also be agreed with us
Advantages of our hull insurance
- No “new for old” deduction
- Customized sailing areas
- No deductible for many types of damage
- Salvage/wreck removal/disposal/towing costs are covered up to EUR 5.000.000,00
- 24-hour claims hotline
- Search/rescue/recovery operations in the event of an accident involving a crew member up to EUR 20,000
- Personal effects up to EUR 5,000 free of charge
- Customized deductibles/lower or even no deductibles for multiple incidents
- No-claims discount of up to 40%
- Uncontestable fixed value
- etc.
Newbuild discount for hull insurance
Have you purchased a brand-new sailboat and are still looking for the right boat insurance? Then you've come to the right place! We are happy to offer you the newbuild discount, which reduces the hull premium in the first year by an additional 50% for a minimum term of two years.
Accident insurance
Insurance that protects everyone!
When sailing across the sea, accidents can happen at any time, whether at your own fault or that of others. This can have serious consequences for boat owners. In such cases, Passenger accident insurance can help. It protects boat owners and their passengers from financial ruin and protects all eligible passengers on board.
Legal expenses insurance
Is legal protection necessary for pleasure boating?
Legal disputes are a nightmare for every boat owner. They are not only expensive, but also time-consuming and nerve-wracking. With Legal protection insurance, we and our lawyers are there to support you in such cases.
Sailboat insurance costs
What costs can I expect?
The costs for sailboat insurance are low compared to the benefits you receive. Our Hull insurance starts at an annual premium of €80 (net). Our Liability insurance starts at an annual premium of €25 (net).
What are the advantages of HKVA?
As an insurance agency, we are always there for you. We are happy to advise you and provide you with a customized quote that perfectly suits you and your sailboat. In addition, we are always available in the event of damage and, if necessary, can send one of our technical advisors to the site to provide you with even better assistance.
Contract conclusion
Once you have received your quote from us and wish to accept it, simply send us the application form. We will then prepare your contract documents and send you your policies without delay.