Compare yacht insurance

Compare yacht insurance policies and quotes online through Float My Quote and buy directly through your chosen specialist brand.

  • Direct prices, plus the power to choose
  • Compare 3 specialist yacht insurance brands
  • Quick and easy online quote system 
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Compare yacht insurance quotes

Whether you’re new to the yacht world or have years of cruising experience, Float My Quote allows you to compare quotes from 3 yacht insurance specialists. Our online quote system is quick and easy to use, offering you the same prices as direct, helping to keep you on the water.

What can yacht insurance cover?

Yacht insurance can help provide reassurance and peace of mind in the event of unexpected events involving your yacht. Whether your yacht is moored, in storage, or in use on the water, yacht insurance can cover things like theft, damage and third-party liability. Policies can often include:

  • Hull and machinery cover
  • Third-party damage to property or personal injury
  • Legal expenses cover
  • Masts, spars, sails, trailers, tenders, and outboard motors
  • Loss recovery
  • Personal accident and medical expenses
  • Road transit
  • Racing
  • European cover 

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Compare yacht insurance brands

Explore the three boat insurance brands we compare:

GJWDirect

GJW Direct has been arranging marine insurance since 1826, so you can be confident you are dealing with boat insurance specialists.

Underwritten by

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Insure4Boats

Specialist boat insurance through Insure4Boats offers policies to suit boat owners’ needs, so you only ever pay for the cover you need.

Underwritten by

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CraftInsure

With over 20 years of experience, Craftinsure is a leader in arranging marine insurance, offering specialist boat insurance.

 

Underwritten by

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Do I need yacht insurance?

Although insurance for yachts is not required by law in the UK, Third Party Liability cover is often a minimum requirement for entry into many marinas and harbours.
But aside from that, there are several other reasons why you may want to consider yacht insurance, such as:

  • To safeguard your yacht against theft, loss or damage
  • To protect yourself in the event of third-party claims and potential legal costs
  • If you’re planning on crossing international borders  
  • If you’re taking part in yacht racing
  • If you want to finance your yacht (you may need to prove to the lender that you have insurance)

What to look for when comparing yacht insurance quotes

If you’re comparing insurance for yachts there are a few factors you may want consider such as: 

Inclusions and exclusions of the policies, optional extras, or any other policy benefits 

How much excess you would need to pay in the event of a claim and the maximum payout for associated items and equipment, such as sails, masts, and trailers

If you're covered for yacht racing

If your yacht is covered in transit or when used abroad

How much will your yacht insurance cost?

The cost of your yacht insurance will depend on how much your yacht is worth, how and where you plan to use it, plus where it will be kept when you’re not using it.

When getting a quote, some yacht insurance providers may also ask questions about your yachting or sailing experience and your claims history, as this could also influence your policy premium.

The best and easiest way to find out how much your yacht insurance policy could cost is to get a free online quote with Float My Quote.  

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© Float My Quote is a trading name of Ripe Insurance Services Limited which is Authorised and Regulated by the Financial Conduct Authority, Firm Reference No.313411. Registered office: The Royals, Altrincham Road, Manchester M22 4BJ. Registered in England and Wales No. 04507332.