Boat Insurance and Marine Pleasurecraft Insurance

Platinum Commercial and General Insurance is able to arrange, place and manage all your Boat Insurance and Marine Pleasure craft Insurance requirements including:

• Runabout insurance
• Cruiser insurance
• Yacht insurance
• Catamaran insurance 
• Trailer Sailer insurance
• Personal Water Craft insurance
• Off Beach Yacht/Multihull insurance

Boat Insurance

The various forms of Boat and Marine Pleasurecraft insurance available includes :

Comprehensive insurance

Accidental loss or damage cover, similar in scope to comprehensive motor vehicle cover. Also includes theft of the boat and/or its contents and personal effects, malicious damage and transit damage, if the boat is designed to be transported on its own trailer.

Third Party Only insurance

For those who may only require this level of coverage, we offer a Policy which is restricted to damage or injury that you cause to a third party. There is no cover for your own boat under this option.

Extended Blue Water Yacht Racing  insurance (conditions apply)

Underwriters may extend your insurance policy for Blue Water racing providing you and your boat meet insurrers underwriting criteria. Determining factors may be, but are not limited to, the age and type of your mast, the type of rigging your boat has, and your own personal experience.

Blue Water Cruising insurance (conditions apply)

Underwriters may extend your policy for Blue Water Cruising in international waters providing you and your boat meet our underwriting criteria. Determining factors may be, but are not limited to, the age, type and construction of your boat, as well as your own personal experience.

Commercial Use insurance (conditions apply)

In certain circumstances, insurance underwriters will extend your policy to allow your boat to be involved in commercial activities. You will either be insured under a pleasure craft insurance policy with the appropriate endorsements, or under a unique commercial pleasure craft insurance policy provided by specialist marine underwriters.

Transit Risk insurance

This is a cover provided for one-off type transit risks, for boats that are not designed to be normally transported on land eg. Large power boats and fixed keel yachts generally longer than 9.0metres. The policy is available for the requested duration of the transit.

Builders Risk insurance

This cover is generally provided to owner/builders, or to professional builders who have been commissioned to build a one-off boat.

Demonstration Cover insurance

This is a cover generally provided to retail marine dealers as a gap cover to protect their own boats and those they have on consignment whilst they are being demonstrated on water for the purposes of sale. The Nautilus Marine demonstration cover also allows for the personal use by the dealer principal or any nominated staff of the dealership of any boat owned by the dealership, and also the pick up and drop off of a boat after service or repair.

Stock Afloat insurance

This is a cover generally provided to boat brokers operating out of a marina as a gap cover to protect their own boats and those they have on consignment for the purpose of sale, but only if those boats are not otherwise insured, and only while they are laid up afloat at the insureds marina, or the usual marina of the business’s operation.

HULL INSURANCE

Boat insurance 

To insure private pleasurecraft and associated liabilities.

Commercial Hull insurance 

This is an Insurance cover generally provided for hull risks and associated liabilities of all types of working vessels, from oyster punts to ocean liners, and including harbour craft, cargo and passenger carrying vessels.

Builders' Risks insurance 

This is an Insurance cover generally provided for vessels in the course of construction and available for single risks or as an open cover. Maintenance guarantee insurance is also available.

MARINE LIABILITY

Third Party Only insurance

This is a Liability insurance cover generally provided for commercial vessels and pleasurecraft where hull insurance is not required. Useful cover for lower valued vessels and ship operators who don't own their vessels.

Shiprepairers' Liability insurance

Affordable insurance for smaller or part-time ship repairers of potential liability for damage to vessels being worked upon, and for third party property damage, death or injury. Special extended cover is provided for larger yards or operators, eliminating the need for certain public liability insurances.

Marina Operators' Liability insurance

To insure legal liabilities incurred for damage to vessels in the operator's care, custody and control and for third party death or injury.

Charterers' Liability insurance

Essential protection against the risk of charterers incurring legal liabilities to the vessel, or cargo owners for loss or damage, or for third party, death or injury arising from the operation of chartered vessels.

Stevedores' Liability insurance

Insurance against legal liabilities incurred for damage caused to vessels, to cargo being handled, to property (buildings, wharves etc.) or for third party death or injury.

Port Authorities' Liability insurance