What happens if I cannot visit my boat during the Covid-19 pandemic?
We understand that due to the Covid-19 outbreak you may be unable to visit your boat. Read our FAQs for this situation.
I have some expensive equipment onboard. Will this be covered on and off the water?
Our motor boat & speed boat insurance policy covers a number of items including things you’d carry on your person such as digital compasses, or pocket knives. These smaller items do have a single article limit of £250. However, you can also cover more expensive items such as onboard GPS equipment and outboard motors. All you need to do is let us know what you’d like covered so we can include it in your sums insured.
Are there any restrictions on my cruising range?
Yes for example we can’t usually cover you in the Caribbean or the Baltic seas so we always advise checking your policy or with a member of the team before deciding to travel. You’ll also need to let us know if you want to change your cruising range from what you originally agreed when you set up your policy. See “If I need to make changes to my policy, can I do this half way through?” below.
Do I need to get my boat surveyed?
If your boat is over 25 years old, we will require proof that you’ve had it surveyed. Furthermore, we will require your craft to have a survey every 6 years thereafter.
If I need to make changes to my policy, can I do this half way through?
Things never stand still in the world of boating so if you’ve installed the latest gadget and you need your sums insured changed or you’ve changed your mooring arrangements, give us a call and we’ll update your policy. Sometimes there is a small charge to change details but this normally won’t be any more than £15 plus the cost of any additional cover you have applied.
How do I qualify for discounts on my premium?
In some ways, boat insurance works like car insurance. If you’re an experienced driver and you keep your car in a garage at home, your premium will be lower. Similarly, if you’re an experienced boater with an RYA qualification who keeps their boat in a marina, we’ll offer you discounts on your premium. Be sure to let us know if you moor in a marina and you could get up to 20% off your premium. Also let us know if you have any RYA powerboat qualifications to take advantage of further discounts.
Can I pay in instalments?
If you would prefer to spread the cost of your policy you have the option of setting up a Direct Debit to pay your premium in equal monthly instalments through our preferred provider, Premium Credit Limited (PCL).
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.