Boat Insurance: What is Courtesy Vessel cover?

If the Vessel is no longer seaworthy as the result of loss or damage which results in a claim under the boat insurance policy, this option can provide a contribution towards the cost of you hiring a temporary substitute vessel of similar size and type. You select what cover limit you require up to 5% of your Vessel value, and there is no excess for you to pay in respect of a claim under this cover.

There are various exclusions which apply to this option, such as if you already have access to another vessel of a similar size and type, or where this cover option was not in force at the time of the loss.

This option is only available if you have also selected the ‘Vessel Loss or Damage’ option.

The Policy Booklet contains full details about how this cover operates, including any exclusions or conditions. Existing policyholders can download copies of the applicable Booklet for their policy by following the guide described here. Alternatively, to download the latest boat insurance Policy Booklet, please click here.

Should you wish to start an online boat insurance quote, please click here.