Types of Boat Insurance Coverage in Ireland

Third-Party Liability Insurance

Third-party liability insurance is one of the most basic yet essential types of boat insurance. It covers damages and injuries caused to others while operating your boat. In Ireland, many marinas require boat owners to have this insurance before mooring.

Comprehensive Insurance

Comprehensive insurance offers a broader range of coverage than third-party liability. It covers damages to your boat from a variety of causes, including:

• Accidents: Collisions with other boats or fixed structures.
• Weather damage: Protection against storms, heavy winds, or flooding.
• Theft and vandalism: Covers the loss or damage caused by theft or malicious damage.

Personal Accident Coverage

This optional coverage provides compensation if you or a passenger is injured or killed while using the boat. It’s particularly useful if you frequently have guests onboard or if you participate in water sports.

Equipment Coverage

Boats often carry valuable equipment such as navigation systems, fishing gear, or sports equipment. Equipment coverage protects these items in case of damage or theft.

Choosing the Right Coverage

Selecting the right type of boat insurance depends on your boating habits and vessel type. If you’re mooring in marinas or taking part in boating events, third-party liability might be essential. For comprehensive protection, consider adding theft and accidental damage coverages to your policy.

At Yachtsman, we offer flexible boat insurance packages that allow you to choose the exact coverage you need.