| As with all vehicles a boat is legible for an | | | | than a wooden or steel boat such as a narrow |
| insurance policy, under the Marine Insurance Act. | | | | boat. This is because fibreglass hulls can be |
| While some small boats kept on your premises | | | | damaged or dented very easily while steel hulls |
| can be covered by home insurance, Marine | | | | for example are very hard to cause any |
| insurance can cover not just a seafaring boat but | | | | significant damage to. You can get cheaper |
| also the goods, as throughout marine history ships | | | | insurance for diesel powered boats, as they are |
| have been lost with very expensive cargoes | | | | less likely to explode, and also for using coast |
| aboard, due to the dangerous nature of sea | | | | guard approved fire extinguishers. A certification in |
| voyages.Boat insurance is often cheaper than car | | | | a boat safety course may also reduce insurance.It |
| insurance especially for a small boat. A | | | | also depends on where you intend to sail the boat. |
| comprehensive plan will cover damage to the hull, | | | | The boat will be in a different insurance category |
| the machinery and the parts. It is also worth | | | | depending on whether you intend to sail it in |
| checking if the plan covers theft, injury and any | | | | canals (least expensive), rivers, lakes and tidal |
| specialist equipment on board like fishing | | | | waters (more expensive) and the ocean.There |
| tackle.Insurance varies a lot depending on the | | | | are also insurance policies for special |
| boat. Narrow boats, speedboats, dinghies, yachts, | | | | circumstances. You can have a boat insured for |
| rowing boats and motorboats all have different | | | | damage while it is being built, or for a vessel sailing |
| systems for working out a quote. A fibreglass | | | | into a war zone or terrorist associated waters, or |
| boat (usually GRP, glass reinforced plastic), like | | | | for specific cargoes such as highly perishable |
| most speedboats, is in a higher insurance band | | | | goods that may fail due to delays. |