Navigators & General has launched a new third party only boat insurance policy for boaters who may find the cost of comprehensive cover prohibitive.
Navigators & General has launched a new third party only boat insurance policy for boaters who may find the cost of comprehensive cover prohibitive. It is designed to meet the requirement for third party cover made by many marinas, harbours, waterways and boatyards.
“There have been increasing instances of fires leading to damage to nearby craft, and boats becoming unmoored and drifting into others”, said N&G head James Roberts. “We wanted to provide low cost cover for boat owners who are simply looking to lay their boat up in a yard outside peak sailing season or whilst it’s up for sale”.
The policy, which can be taken out online, includes liability protection against passenger or third party claims, cover for wreck removal and destruction, and pollution related costs and fines.
