Many people wonder whether a boat insurance policy is mandatory. However, a boat insurance policy is not mandatory in the Netherlands to conclude. In certain situations you are obliged to take out a Legal Liability Cover (WA). Think of a boat storage, marina or some parts of a sailing area.

There are various types of boat insurance policies. You can only insure your boat with a WA coverage or additional cover. With a boat insurance, the more extensive the cover, the higher the costs are. The cheapest insurance policies are therefore mostly WA insurance policies. But a liability insurance does not cover all risks.

Small boats with less 4 horsepower do not have to be insured under WA. In some cases this is covered by the private liability insurance, provided you have closed it. This can vary per insurer. So if this is not covered by your private insurance, it is always wise to take out a third-party insurance cover.

WA boat insurance

With liability coverage, only the costs of material damage and / or personal injury caused by others are reimbursed. In the event that you also have damage to the boat, this will not be reimbursed with a third-party boat insurance.

Additional boat insurance

It is a consideration of whether or not to additionally insure your boat. The assessment depends on the value of your boat, how often you sail and whether your financial situation can bear any unexpected costs. This is different for every boat owner. With a supplementary boat insurance you pay extra premium. The exact meaning of supplementary insurance varies per insurer. Consider, for example, what you want to insure: the contents on board, theft, fire or, for example, lightning. The amount of the reimbursement and the coverage vary per provider. Ultimately, you decide for yourself which type of insurance suits you and your boat. Get well informed about the options and options at various boat insurers.

The deductible is an amount that you pay yourself in the event of damage to the boat. This depends on the type and value of the boat. It is possible to increase the deductible. This can result in a premium discount, which in turn saves on monthly payments. Just think carefully about your financial situation and whether you can bear the possible costs of the deductible.

The purchase value of a new boat is the current value. With a second-hand boat, this is the current value and / or appraisal value from an appraisal report or the amount for which you purchased the boat.

Do you often go abroad with your boat? Or is your permanent berth outside the Netherlands? Then it is advisable to look at the coverage area of ​​your insurance. Is your boat insured in the country where your boat is staying? Other rules often apply abroad. In some countries it is mandatory to insure your boat. This applies for example in Spain, Italy, Greece and Croatia.

To insure your boat abroad, you need an international insurance certificate. You must be able to show this proof when you go abroad with your boat. You can request the international insurance certificate from the insurer. Do this in time so that you can take it with you at the time of departure.