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The insurance policy will allow you to obtain insurance reimbursement for the following types of losses:
- Losses due to total loss of the vessel (actual or constructive) as a result of force majeure or other circumstances of a random nature during operation and storage of the vessel;
- Costs to eliminate damage to the hull, machinery, machinery, equipment of the vessel, occured during the operation and storage of the vessel as a result of force majeure or other circumstances of a random nature;
- Losses due to the loss of the missing vessel, theft of the whole vessel and its parts;
- Losses due to the damage or total loss of the vessel as a result of wrongful acts of third parties in respect of the insured vessel;
- The necessary and reasonable costs of the salvage ship;
- The necessary and reasonable costs to prevent, reduce losses and the calculation of their amount, if such losses are caused by the insured event, provided the insurance contract.
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The insurance contract may be signed on the basis of one of the following conditions:
- Liability for total loss;
- Liability for total loss and damage;
Additionally, you can insure:
- Risks arising from transportation of yachts;
- Risks of theft or loss of an outboard engine;
- War risks;
- Participating in yacht races and regattas;
- Other;
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You can also insure their civil responsibility to third parties for the damage your vessel may make to other objects, environment, life and health of third parties.
Insurance protection applies both to the period of the operation of the vessel, and the period of its storage on land - in the garage, the yacht club, etc.
Baltic Marine Broker will help you to find the best insurance for you and calculate the amount of insurance premium based on a list of possible risks.
 Download Yacht insurance presentation (english)
Download Yacht insurance presentation (latvian)
Download Yacht insurance presentation (russian)
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