RECREATIONAL BOAT INSURANCE
Safety at sea
The sea, the sense of serenity and relaxation… a small escape from everyday life. Boats offer unique experiences, but their owners need to take care of the passengers’ safety and possible damage or detriment that may be caused. Now you can keep your mind at ease, since you are entrusting your boat’s insurance to the most experienced boat insurer: Generali Group has been specializing in boat insurance since its establishment. Besides the mandatory (law 2743/99) liability insurance for boat owners, regarding accidents and damages you might cause with your boat, Generali offers you coverage for the protection of the boat itself and many optional covers, so you can have it fully covered.
This type of liability insurance covers damage that may be caused to third parties through the fault of the boat owner.
Liability insurance protects you against financial loss in case you are called upon to compensate third parties for injuries, material damage, damage of harbors, pollution etc.
Law 2743/99 has made this type of insurance mandatory.
Watercraft Damage Insurance
Insurance of damage inflicted on the boat itself. It covers damage that the boat may sustain from fire, theft, collision or stranding, maritime hazards, and other types of hazards.
This kind of cover protects your assets from random events that may even result in the total loss of your boat.
In addition to the above basic covers, the Generali Group is in a position to offer you further covers such as:
- liability insurance for or against jet skiers
- insurance against damage to your own boat from sails and/or spars during a race
- mechanical failure (in-board or in-board / outboard motors)
- insurance of your personal belongings while aboard the watercraft
- fall of outboard motor into the sea
- boat trailer insurance
What does full boat insurance cover?
The full boat insurance package covers damages to your boat that may be caused by fire, theft, collision, impact from another boat and sea dangers.
What does the mandatory civil liability insurance for boats cover?
Civil liability protects you financially in case you have to compensate third parties for injuries, death, physical damage to other boats or ports, caused by you.
Is boat insurance mandatory by law?
According to law 2743/99 of the Greek State, all boat owners are obliged to insure their boats for Civil Liability.