Yacht insurance

A yacht insurance policy with New Wave Marine gives you more control and peace of mind by protecting your vessel and property from damages, theft, and liability. Make sure you and your yacht are covered with the right cover.

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Simple and easy online insurance for yachts

Owning a yacht is a dream for many, and at New Wave Marine, we want to help you protect that dream. Our comprehensive insurance policies cover damages, theft risk, and liabilities, giving you peace of mind while you enjoy the open water.

We recognise that each yacht possesses its own distinct characteristics, which is why we offer personalised service tailored to suit your specific requirements. Our dedicated team of insurers are readily available to address any inquiries you may have and guide you through the process of determining and obtaining the comprehensive protection that your yacht deserves.

Don't let the fear of the unknown hold you back from enjoying your yacht to the fullest. Contact us today for a quote and let New Wave Marine help you protect your beloved vessel.

Key Benefits of Yacht Insurance

  • Removal of wreck and salvage cover: This is to cover the cost of removing the yacht from the water in the event of a wreck or other catastrophic event, as well as covering the cost of salvage operations.
  • Mast and rigging cover: Mast and rigging cover is an important aspect of yacht insurance, providing protection against unexpected repair or replacement costs to the yacht's mast and rigging, which can be costly to repair or replace.
  • Yacht racing options cover: This includes coverage for liability, property damage, and personal injury. Yacht racing cover may also include coverage for any damage caused to the vessel for transit to and from racing events.
  • Equipment cover: Providing coverage for accidental loss or damage to equipment and accessories used for recreational activities, such as water skiing or wakeboarding, and financial protection for yacht owners in the event of an unexpected accident.

Types of boat insurance cover

When it comes to boat insurance, there are generally two types of coverage to choose from: third party liability cover and comprehensive.
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