Yacht insurance

Get set to sail with all year round cover and expert service from RYA trained professionals.

Offering discounts for certain marinas, our yacht insurance is well known within the yachting community. Designed with four levels to choose from, you can be assured of cover whether you are using your yacht for pleasure or racing.

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Here to help

For a quote or insurance advice call:

0844 892 1987

01743 283277

Mon - Fri 9am to 5.30pm

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Beat your renewal by 5%

Call us today and we will beat your renewal price by 5%.

This offer is only available when you call us.

See terms and conditions.

**Offer available to new customers only. Not in conjunction with any other offer. 5% off the total renewal price, including fees & charges if applicable, from your current insurance provider, applies to like-for-like cover. Excludes craft over £500,000 in value. Offer not available online or in conjunction with any other offer. Subject to: Minimum price of £100, sight of renewal notice within 14 days of inception and underwriting acceptance of Towergate scheme. Offer expires: 31/12/2014 but can be withdrawn at any time. Calls may be recorded.

0844 892 1987

01743 283277

Mon - Fri 9am to 5.30pm

Enter your renewal price

£ Show price


Yacht insurance features

Our yacht insurance policy is designed to give you all year round cover, with different levels to choose from, depending on how you use your yacht.

Cover for: Bronze Silver Gold Platinum
Third party
Fire, lightning, explosion  
Theft, malicious damage or vandalism  
Weather events  
Freezing of machinery  
Accidental loss or damage    
Personal accident      
  • £3 million third-party liability

  • Cover for your hull, including superstructure fittings, machinery and equipment

  • Legal expense cover

  • 24-hour helpline

  • Choice of excess, starting at £100

  • Optional racing risks cover

  • Extendable cruising ranges

If your boat is damaged whilst in its permanent marina berth, we won't charge you an excess and it won't affect your No Claims Discount.

Prefer to spread the cost of your policy?

Paying by direct debit is an affordable and convenient way to pay for your policy. Through our preferred provider, Premium Credit Limited (PCL)*, you have the option of setting up a Direct Debit to pay your premium in equal monthly instalments.

To find out more about PCL and direct debit payments, select Direct Debit.

*To understand more about how PCL work together with Towergate, please read our Regulatory Information.


Yacht insurance exclusions

  • Wear and tear

  • Corrosion

  • Loss of value because of age and use

  • Loss of value to your yacht after it has been repaired

  • Loss or damage to masts, spars, sails and rigging whilst racing, unless previously agreed

  • Sails split by the wind or blown away whilst being set (unless attached spars are also damaged)

Please find below the list of countries which are defined as 'Europe':

  • Albania, Andorra, Austria, Belgium, Bosnia Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Eire, Estonia, Finland, France, Germany, Gibraltar, Greece, Hungary, Iceland, Italy, Kosovo, Latvia, Liechtenstein, Lithuania, Luxembourg, Republic of Macedonia, Malta, Monaco, Montenegro, The Netherlands, Norway, Poland, Portugal (excluding Azores), Romania, San Marino, Serbia, Slovakia, Slovenia, Spain (including coastal waters of Canaries, Madeira, and the Balearics), Sweden, Switzerland, United Kingdom, Vatican City

Further exclusions may apply or vary dependent on level of cover chosen. The above exclusions are standard across each of our four policy options.

These are just some of the key exclusions/limitations, full details will be found in policy wordings.


Yacht insurance FAQs

  • Is my craft covered whilst racing?

  • Yes, we can extend cover to include the masts, spars, sails and rigging whilst racing.

  • Can I use my craft single-handed?

  • Yes, however only during daylight hours and excluding racing.

  • Is my craft covered whilst laid up ashore?

  • We provide full cover for your boat all year round.

  • Am I covered to sail my craft to France?

  • Normal cruising limits are for UK coastal waters. If your craft is suitable we can extend your cruising range accordingly.

  • Where can I find more information about monthly Direct Debit?

  • If you want to know more about our monthly payment option, please read our dedicated page on Direct Debit.


Yacht insurance claims promise

Our claims team

If you need to make a yacht insurance claim, our team of RYA trained claims handlers have the knowledge and understanding to make claiming as easy as possible.

In fact, our team received the UK Broker award for claims in 2011. The team was also shortlisted for the award in 2012. If you need to claim, they're available Monday to Friday, 8am to 5:15pm.

Your yacht insurance claim

The phone number in your policy documents will put you straight through to the team or you can pop them an email with details of your claim. Alternatively, visit our contact us page for our claims departments and other customer services. Your own personal claims advisor will talk you through the details and explain the next steps, guiding you through every step of the way.

There aren't even any forms to fill in. Your claims advisor will fill in a 'Statement of Fact' form with you over the phone then simply email you a completed form for your records.

91% of people we surveyed about their claims experience said they were happy with our service, If you feel otherwise, please let us know and we'll do our best to rectify the situation.

You can rely on us to act within 24 hours of being notified of your claim. If you've provided us with new information on an existing claim you can count on us to get back to you in five days.

When it's time settle your claim, we will provide timely payment via BACS straight in to your bank account or by CHAPS to the supplier.


Yacht insurance policy documents

Policy documents

Policy Summary [pdf, 284 KB] Policy Wording [pdf, 186 KB] Terms of Business [pdf, 722 KB]

Product Reviews

96% of customers liked our products (26 reviews)

DateProductScoreCustomer Comment

Dinghy Insurance (Renewal)


Easy, Quick, Right Price

Motor Boat Insurance (Renewal)


I would recommend the Boat Insurance Company without hesitation , very professional over the phone with information requested , and no delay what so ever in receiving my written quote, and paper copy of my insurance ,

Again many thanks


Dinghy Insurance (Renewal)


Quick and easy to renew

Motor Boat Insurance (Renewal)


Brill the girl that was dealing with me was very nice & pleasant. Another thing I like about towergate was that they kept me informed when my insurance was up & give ME time to sorted it.

Canoe Insurance (Renewal)


All that I talk to at your office have excellent product knowledge and are always friendly, polite and efficient.

Windsurf Insurance (Renewal)


I asked about commerical landlord insuranace and no details were sent

Dinghy Insurance (Renewal)


Excellent service.

Dinghy Insurance (Renewal)


Good communication on renewal, friendly informed staff and competative pricing premiums, please remain so, thanks Chris H.

Motor Boat Insurance (New Policy Holder)


but it took a few calls to get the posted copy of insurance

RIB Insurance (New Policy Holder)


Fast & Simple

View all reviews >>

0844 892 1987

01743 283277

Mon - Fri 9am to 5.30pm

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