Boat Insurance Quick Guide

Why purchase boat insurance?
Boat insurance is not a legal requirement in the Republic of Ireland but there are many circumstances where you will need to provide evidence of insurance, whether for marine finance, or to satisfy a marina, harbour or waterways authority for example.

If you have invested thousands of euros in a boat it’s wise to protect that investment. And in today’s litigious world with the current level of compensation awards we strongly recommend insuring your boat, however large or small.

The boat insurance policies offered by Craftinsure provide comprehensive cover to safeguard your investment, along with Third Party insurance of €3,000,000.

When should I buy boat insurance?
You should start your boat insurance the moment you have a financial interest in the vessel. When purchasing on line with Craftinsure you can select a policy start date up to 30 days ahead to save leaving things to the last minute.

What should I be looking for?
When choosing a boat insurance company, make sure that they are fully authorised by the Financial Services Authority (FSA) or Irish Financial Services Regulatory Authority (IFSRA). It can also help to be insured with a company specialising in boat insurance as they are more likely to understand your needs and requirements.

Want to know more about our cover? See our Boat Insurance Quote Guide for more details on the cover we offer.