Boat Insurance Halkidiki

Greece, with its thousands of miles of coastline and hundreds of islands, is a country par excellence where owning a boat for many is not a luxury but a way of life.
The dangers that threaten our boat are more than other means of transport, both because of the nature of the liquid element and the unpredictable weather changes, as many times, and because of its complex construction.

I really enjoy what it has to offer, we need to be at ease about the safety of the people we host on it as well as the boat itself.

We design your boat insurance by considering all parameters in detail (eg boat type, age, size, usage, etc.). We provide the basic mandatory Civil Liability covers as defined by Law 2743/99 and the international clauses of the London Institute of Insurers (Institute Yacht Clauses), up to those concerning your own boat or its engines (“hull” covers & machinery”).

The boat safety law obliges all boats with an engine greater than 30 hp, as well as those for professional use, and concerns the coverage of Civil Liability (bodily injuries and material damage) towards Third Parties, as well as for Marine Pollution.

Civil liability to third parties

It is compulsory insurance for access to marinas. It concerns damages that may be caused to third parties due to the fault of the boat owner and covers compensation to third parties, in the event of an accident or damage, such as e.g. injury, death of a third party, material damage to other vessels or ports and causing pollution.

Ships and Pleasure Boats

⏺ Loss of Life and/or Bodily Damage to Occupants and Third Parties up to €2,100,000 (up to €150,000 per person and up to €700,000 per event)
⏺ Material Damage to Objects of Passengers and Third Parties up to €450,000 (up to €150,000 per event)
⏺ Smoke due to fire
⏺ Marine Pollution Challenge up to €450,000 (up to €150,000 per event)

Tourist Boats and Professional Day Ships (Cruises)

⏺ Loss of Life and/or Bodily Damage to Occupants and Third Parties up to €4,500,000 (up to €150,000 per person and up to €1,500,000 per event)
⏺ Material Damage to Objects of Passengers and Third Parties up to €450,000 (up to €150,000 per event)
⏺ Marine Pollution Challenge up to €450,000 (up to €150,000 per event)

Non-Motorized Recreational Vehicles for Hire

⏺ Loss of life and/or Bodily Damage to third parties up to €150,000 per incident
⏺ Material Damage to third parties ⏺ and Marine Pollution Cause up to €90,000 per event

Same damages – hull & machinery

This coverage protects against accidental events, which may lead to the total loss of the boat. It refers to damage that the boat may suffer from weather phenomena, fire, theft, damage from collision or impact, sea hazards, etc.

What is covered full boat insurance

⏺ Legal protection
⏺ Immediate Medical Assistance (private leisure only)
⏺ Fire
⏺ Explosion
⏺ Earthquake, volcanic eruption or lightning
⏺ Total & Partial Theft
⏺ Malicious acts
⏺ Perils of the sea
⏺ Ejection
⏺ Piracy
⏺ Collision with port or wharf
⏺ Costs of assistance at sea and/or towing
⏺ Accidents during loading/unloading
⏺ Damage during lifting, hoisting and launching of vessel
⏺ Expenses of inspecting the vessel’s reefs after grounding
⏺ War, strikes and political actions
⏺ Outboard motor falling into the sea
⏺ Own damage to the boat during its road transport by trailer
⏺ Theft of a trailer together with the boat
⏺ Coverage of personal items
⏺ Damage to the propulsion and steering system
⏺ Any risk

Whats not covered

Every insurance policy is unique, in addition to what you do not mention in the coverages there are also some basic exclusions in boat insurance:

⏺ Fraud or gross negligence
⏺ Non-observance of protective measures
⏺ Normal wear and tear
⏺ Poor maintenance
⏺ War
⏺ Of course previous losses

Boat Insurance cost

The amount of insurance premiums is determined according to the type of boat, its horsepower, its value, the experience of the operator, previous damages, etc.

Contact me to help you choose the one that suits you best, easily and reliably.

George Arampatzis
+306972161462