Liability
- Collision and jetty damage
- No legal obligation
- Often required by the marina
Compare exclusive yacht insurance
On a larger yacht the policy is no longer a product but a file: where do you sail, who sails, where does the vessel lie in winter, and who is liable if the yard makes a mistake.
- several insurers compared objectively
- 9.5 customer rating for a new policy
- AFM licence 12016589
- Personal 072 - 509 24 56, weekdays 9–17
This page in another language: Nederlands
The calculator and the quote form below are in Dutch. Prefer to do this in English? Email info@finassverzekert.nl or call 072 - 509 24 56 and we will take it from there.
Work out for yourself what it would cost.
Enter your details; you will receive a proposal within one working day.
- We compare the offerings of several insurers
- An adviser checks whether the cover suits your situation
- We arrange the switch, including cancellation
A premium indication, not personal advice. Prefer to talk it through? Call 072 - 509 24 56.
- Independent advice
- Several insurers
- Switching arranged
- Help with claims
In brief
Larger yachts are insured on agreed value. On a vessel with an unusual refit, a bespoke interior or a documented history, that is the only figure that holds up in the event of a total loss; market value does not do it justice.
The sailing area is the decisive policy condition. Inland waters, coastal waters, the North Sea, the Mediterranean and ocean passages are separate categories. If you sail outside the stated area, there is no cover. Not even in fine weather.
Where crew and work are involved, liability comes into play: towards those on board, towards paid crew and towards the yard. The last of these matters above all during lifting, masting and time ashore.
Independent, personal, sorted quickly
We compare your pleasure craft insurance across dozens of insurers, explain where the real differences lie, and arrange the switch from start to finish — without you having to chase it yourself.
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What does exclusive yacht insurance cover?
The structure of the cover in three parts, with an overview per situation below.
Own-damage cover
Damage to the boat, the engine and the fixed equipment.
- Fire, storm and sinking
- Theft
- Collision and grounding
Extensions
What you add separately.
- Trailer on the road
- Occupants
- Salvage and wreck removal
What is covered
| Situation | Liability | Own-damage cover |
|---|---|---|
| Damage to another vessel or a jetty | Yes | No |
| Theft of the boat or the outboard motor | No | Provided that |
| Fire and storm damage in the berth or ashore | No | Yes |
| Sinking through a leak or through rainwater | No | Provided that |
| Salvage and removal of the wreck | Provided that | Provided that |
| Osmosis, wear and deferred maintenance | No | No |
There is no statutory insurance requirement for pleasure craft. The WAM applies only to motor vehicles. Marinas, harbours and hire companies do generally require liability cover. Pay attention to the sailing area described and to the lay-up or winter storage period: outside the sailing area or during undeclared storage, cover may lapse.
This overview is general in nature and is not personal advice. What is actually covered, including exclusions, limits and the excess, is set out in the policy conditions and the insurance card (verzekeringskaart) of the insurer; you receive both before you take out cover. Taking out cover without advice? Then read what execution only means for you.
What does your premium depend on?
- Agreed value: the main basis for calculation
- Sailing area
- Type and length of the vessel
- Mooring and winter storage
- Experience and crew
- Cover and excess chosen
Insurers weigh these details differently. That is where your saving is.
How we arrange it
- You request a quoteWe take stock of your situation, your risk and your wishes.
- We compareseveral insurers, on premium as well as conditions.
- You receive a proposalWith an explanation of the differences and the exclusions.
- We arrange the switchIncluding cancellation, so there is no gap in cover.
Why arrange it through Finass Verzekert?
We look at the terms as well as the premium, and stay your point of contact when there is a claim.
Independent
We are not tied to one insurer and compare on the basis of an objective analysis of several companies.
One fixed adviser
You call or email someone who knows your file. No menu options, no changing call centres.
Switching without hassle
We cancel your old policy and align the start date, so you are never a day without cover.
Help with claims
We report the claim and monitor how it is handled. In urgent cases you can reach us on the emergency line.
9.5New policy
9.8Claims handling
Customers rate our service on four aspects: personal service, service delivery, availability and the outcome. The reviews are collected and published by NH1816 and come from customers who have actually taken out a policy with Finass Advies B.V. or reported a claim.
Where things go wrong in practice
Four points that make the difference between a policy that pays out and one that does not.
Wreck removal is the item that gets forgotten
If the vessel sinks in a navigation channel or a harbour, the authority can require it to be salvaged: and those costs can exceed the value of the vessel. Check whether wreck removal is separately included and up to what amount. It is not automatic and on larger vessels it mounts up quickly.
The yard risk has to sit somewhere
Lifting, masting, transport by road and time ashore are classic moments for damage. The yard often covers this through its own policy, but not always and not in full. Ask the yard for evidence of insurance and record from what moment the risk passes; otherwise you end up with two insurers pointing at each other.
Paid crew is a separate category
If a skipper or a maintenance engineer sails with you for payment, that is employment or hiring in, not guests on board. Liability for injury to crew does not automatically fall under a pleasure craft policy; declare it and have it recorded how it is arranged.
Have the vessel revalued after a refit
A new engine, an interior refit or new navigation electronics change the value considerably. Without a revaluation you are carrying an out-of-date figure. Have it recorded as soon as the work is finished, invoice included. On a total loss that is the file on which payment is based.
Frequently asked questions
This is what people ask us most.
Why insure at an agreed value?
Because market value does not do justice to refits, bespoke work and history. With a valuation the amount is fixed and there is no discussion on a total loss. Have the vessel revalued after major investments.
What happens if I sail outside my sailing area?
Then there is no cover. Sailing areas are sharply defined. For a one-off crossing or trip you apply for a temporary extension.
Is wreck removal included?
Not automatically. Check whether it has been separately included and up to what amount. On larger vessels those costs can exceed the value.
Who is liable during work at the yard?
Often the yard, but not always and not in full. Ask for evidence of insurance and record from what moment the risk passes.
Is paid crew covered?
Not automatically. If people work on board for payment, employers' or hirers' liability comes into play and a separate arrangement is needed.
Is osmosis covered?
No. Osmosis, wear and deferred maintenance count as gradual processes and fall outside every policy.
Every situation is different. For these situations we have a separate page.
- Compare pleasure craft insuranceThe main page
- Insuring a yacht and motorboatOwn-damage cover, sailing area, winter storage
- Insuring a yachtValuation, sailing area, crew
- Boat insuranceLiability, own-damage cover, sailing area
- Insuring a wooden boatMaintenance, valuation, rot
- Insuring a polyester boatOsmosis, maintenance, valuation
- Insuring an aluminium boatMaterial, corrosion, valuation
- Insuring a yachtOwn-damage cover, valuation, sailing area
- Pleasure craft insuranceOwn damage, liability, sailing area
Read more
Ready to compare?
Request a quote without obligation. We will look at which insurer best matches your activities and your risk.
Prefer to call? 072 - 509 24 56, weekdays 09:00–17:00.
Claim on the road? Emergency line 06 - 55 20 40 72.
About our service
Finass Verzekert is a trading name of Finass Advies B.V. We advise on and arrange non-life insurance on the basis of an objective analysis of several insurers, and receive commission for this from the insurer, which is included in the premium. You pay no separate advice fee. Before you take out cover, we establish your wishes and needs.
You will find our licence, KvK and Kifid details and our complaints procedure at the foot of every page.
This page was compiled by Finass Verzekert. Last updated on .
The information on this page is general in nature and is not personal advice.