Comprehensive Motorboat Insurance
Our motorboat insurance policies cover a wide range of vessels cruising in UK waters, Europe and worldwide. We insure all types of boats - from cuddy cabin boats and sports cruisers to luxury flybridge models. Whatever you sail, Topsail provides the right level of cover so you can cruise with confidence.
Our experts are dedicated to helping you find the best-suited policy for your needs. We offer comprehensive and flexible boat insurance coverage options for both local and offshore cruising, including both agreed value and market value policies to ensure the right fit for your vessel and adventures.
Unlike many general insurers, we specialise exclusively in marine insurance, meaning our policies are designed with the unique needs of motorboat owners in mind. Whether you are using your motorboat for leisure cruising, offshore passages or competitive events, we can tailor a policy to suit your requirements.
Motorboat Insurance FAQs
Do I need motorboat insurance?
Motorboat insurance is not a legal requirement in the UK. However, most marinas, harbours and inland waterways do require at least third party boat insurance. This financially protects you if your motorboat causes damage to other boats, property or injury to another person.
Comprehensive boat insurance is highly recommended, as it safeguards against theft, accidental damage, fire and costly repairs.
What does my motor boat Insurance cover?
- Fire
- Theft
- Accidental damage including underwater gear damage
- Vandalism
- Lightning
- Collision
- Mechanical breakdown cover
- Personal accident
- Medical expenses
- Up to 25 % NCB
- Marina benefits
- Accommodation and travel expenses
How much does motorboat insurance cost?
Motorboat insurance premiums typically range from around £200 to £500* per year in the UK, depending on the type, value and usage of your vessel. Smaller boats used for inland cruising may cost less, while larger or high-performance motorboats may require higher premiums.
Factors that affect your insurance cost include:
- Boat value and size - larger or more expensive boats cost more to insure.
- Cruising area - UK-only policies are cheaper than Europe or worldwide cover.
- Storage and mooring - secure marina mooring can reduce risk compared to open moorings.
- Experience and claims history - safe boating experience and a no-claims record help reduce premiums.
- Safety equipment - fitting alarms, fire extinguishers and navigation aids may lower costs.
At Topsail, we’re happy to compare your renewal premium and advise on ways to save money while still keeping the right level of cover.
Is Third Party damage covered by my insurance policy?
Yes, our comprehensive polices include up to £5 million third party liability cover as standard. In most cases, we can also arrange Third Party Only polices too.
What additional benefits are available?
- Excess waiver
- Protected no claims bonus
- Legal expenses cover
What cruising areas are covered by my insurance policy?
We cover UK, Europe and Worldwide cruising.
Are any discounts available to me?
We offer discounts for a number of Owners’ Associations, and Yacht Clubs. Such as our partners, The Cruising Association and Offshore Cruising Club.
Why ChooseTopsail Insurance?
Topsail Insurance is a boat insurance company with over 100 years of combined experience. As boat insurance specialists, we provide a personal service and a practical approach to finding the best coverage for you.
Our team is here to offer tailored advice on our policies, assisting you with selecting the appropriate level of insurance and guiding you towards the best policy for your needs.
Unlike comparison sites, we provide direct access to marine insurance specialists who understand the needs of motorboat owners. We take the time to tailor policies around your vessel, usage, and cruising area, ensuring you only pay for the cover you actually need.
Our partnerships with leading associations and yacht clubs also mean you may qualify for exclusive discounts not available elsewhere.
Get a Quote Today
If you’re cruising within the UK or Europe, you can get an instant boat insurance quote online and purchase it immediately. Get an instant motorboat insurance quote online.
Our team will be happy to compare your boat insurance renewal quote or provide you with a quotation for your new boat insurance.
For more information about the features of our Topsail Insurance, please refer to the relevant policy document. Always read the full terms and conditions.
Enjoy making memories, we’ll handle the rest.
* Prices are indicative only and will vary based on your vessel, cruising area, mooring arrangements, and personal circumstances. For an accurate quotation, please request a tailored motorboat insurance quote from our team.
