It is important to ensure that when obtaining Racing Yacht Insurance, you consider getting all-around coverage, All Risks Yacht Insurance, competitive prices and reliable customer care. You can find all these qualities with Yachtsman.
Racing Yachts Insurance Ireland
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Safeguard Your Racing Yacht with Comprehensive Insurance
Racing Yacht Insurance is a special type of Yacht Insurance policy intended to provide yachts with protection that are utilised in racing competitions. This form of insurance usually provides all-inclusive, all-risks coverage, and it is personalised to satisfy unique requirements and dangers related to yacht racing.
Yachtsman euromarine knows that it is a thrilling and passionate thing to race yachts. It does not matter if one is navigating the open water or taking part in prestigious races, protecting the vessel from unforeseen risks will be very important. That’s why we have Racing Yacht Insurance that covers all areas of risk, right from hull to gear damage, for you who are passionate about racing.
What Does Our Racing Yacht Insurance Cover?
When it comes to racing yacht insurance, Yachtsman euromarine has got you covered with Comprehensive Yacht Insurance of any size that can be used inshore or offshore The policy covers indemnity liability as it protects against claims for bodily injuries or property damages for which the owner may be liable.
Yachtman Euromarine offer two types of Boat insurance coverage.
Types of Boat Insurance
Third Party Only Cover
At Yachtman Euromarine Third-Party insurance in boat policies serves as a financial safety net for fellow boaters on the water. Please check benefit of our Third Party policies:
Best Third Party Insurance from the leading online Boat Insurer
It covers Damage you do to other boats, people and property
€3,000,000 Third Party Cover
Our Third Party policy designed to meet basic requirements of Waterways Ireland.
Starting from€125Per Annum
Comprehensive Cover
Comprehensive boat insurance at Yachtman Euromarine offers extensive protection for your vessel beyond a vital safeguard for your boat following an accident.
Provides your vessel with comprehensive protection beyond collision with underwater obstacles or rocks, or damage to someone else's property.
Includes threats like fire damage, theft, vandalism and medical expenses.
Covers potential damage from natural catastrophes like hurricanes, floods, and hail as well.
Includes Removal of Wreck
Provides Transit cover (For all vessel size upto 8 metres)
Starting from€230Per Annum
Why Choose Yachtsman for Racing Yacht Insurance?
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Cover Loss or damage from fire, theft, accident, or any malicious damage.
Medical Cover for you and your crew.
Cover for underwater Machinery.
Tenders included if marked with the name of the main boat cover up to €500.
Discounts for vessels on the inland waterways of Ireland.
Increased liability cover of €6,070,000.
Liability Certificates are available in Spanish, Italian and Greek.
Personal Accident cover for you and your crew.
Protected No Claim Bonus if the damage occurred in your home port.
Cover for personal effects is included as a standard up to €500.
Includes cover for the trailer of vessels up to 8 meters.
Cruising areas are available for most of Europe, including the Mediterranean and the Canaries.
What Should You Look for in Racing Yacht Insurance?
Plan for Racing Yacht Insurance Experience
- Comprehensive Protection
Have an amazing racing experience on your yacht without any worries.
- Expert Guidance
Yachtsman is the best option when it comes to understanding the intricacies involved in insuring yachts.
- Confidence on the Water
Never mind about insurance concerns and set off for your next worry-free cruise.
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Why Racing Yacht Insurance is important?
Financial Protection
Risk Mitigation
Asset Safeguarding
Legal Compliance
Eventualities Coverage
Crew Safety
- When do I need a survey on my Racing Yacht?We require a full out of water survey carried out by a qualified marine surveyor when your Racing Yacht is 25 years old. A full survey should be an exhaustive inspection covering every detail affecting the boat’s condition and safety including a thorough evaluation of the hull, all onboard systems, the structural integrity of all components, the extent of existing problems, suggestions for upgrades and needed repairs with the surveyor's recommendations stipulated with time scales. We will also require the age of the Standing Rigging to consider with your survey report. We would require an ultrasonic hull plate thickness report for a steel hull. We may accept a survey that has been carried out within the last 4 years provided it is in English and all the above conditions are met. If you have purchased a new policy from us which has a condition that a survey is required you will be asked to upload the survey within 14 days. If the survey is not received in this time period or if the survey is not a ‘full’ survey as described above we will cancel the policy from inception and refund your payment.
- What cover is available for my Racing Yacht?When you are considering insurance for your Racing Yacht, it is important to make sure that your boat insurance is adequate for your needs, and not to forget additional equipment such as trailers, trolleys and safety equipment that can be easily overlooked and are often costly to replace. Most accessories and equipment that is specific to your boating activities can be covered by boat insurance if you opt to include them. Yachtsman insurance will usually cover: Accidental Damage Fire or Explosion Theft or Attempted Theft Malicious Damage / Vandalism Storm Damage Your liability for damage or injury to other parties Boat insurance policies generally do not cover: Wear, tear, depreciation, gradual deterioration e.g. corrosion or electrolysis Mechanical breakdown Damaged deliberately caused by you Faulty workmanship For full details of Yachtsman Yacht & Motorboat Insurance cover and exclusions please read our policy wording and Insurance Product Information Documents.
- Am I covered to use my Racing Yacht for 12 months of the year?In most cases, the answer is 'yes' although some insurers charge extra for using your boat in winter months. If your Certificate of Insurance states a laid up period, this is generally down to the mooring location or the type of boat. You can still use your boat on a launch & retrieve bases but it cannot be left on the water when not in use. Please refer to the endorsement section of your Certificate of insurance to check the conditions of your policy
- How do I get an Insurance quotation for a Racing Yacht?You can contact our New Business Team for a Quotation 045982668 or email yachtsupport@yachtsman.ie
- What does years' experience mean for Racing Yacht?Years’ experience is how long you have been using a similar vessel of the same length and type and within similar cruising areas as the one you are looking to insure. You do not need to have owned the vessel yourself, it may be you gained your experience using another person’s vessel.