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Speed Boat Insurance

Speed Boat Insurance

Speed Boats are meticulously engineered for high-speed performance and agile handling on the water, making them the top choice for enthusiasts who crave excitement and precision. Capable of reaching impressive speeds of 50 knots or more, they owe their velocity to streamlined, lightweight hulls crafted from durable materials like fiberglass, aluminum, and carbon fiber. Their powerful engines—whether outboard (sometimes with multiple units) or inboard—often incorporate advanced racing technology, enhancing both speed and maneuverability. Though the classification of a Speed Boat can vary, we at Sealogy define a Speed Boat as any vessel capable of reaching at least 42 knots.

Speed Boats are optimized for performance over passenger capacity, making them ideal for enjoying the thrill of fast cruising and in some cases even competitive racing. Speed Boats are not only a symbol of power and prestige but also the preferred choice for those who seek an exhilarating experience on the water.

At Sealogy, we understand the unique needs of Speed Boat owners and we are passionate about offering personalized insurance coverage tailored specifically to your priorities, ensuring that you can enjoy your time on the water with maximum peace of mind.

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Highlights of our Speed Boat Cover

Coverage According to Your PrioritiesYou choose between comprehensive All-Risk Cover and cost-effective Basic Cover, protecting you against named perils.
Tailored to Meet Your NeedsTogether, we tailor insurance coverage that aligns perfectly with you, your yacht, and your intended use. Our mission is to provide you with the peace of mind to pursue your dreams with confidence.
Agreed Fixed Value for Total LossIn the unfortunate event of a total loss, our Top Cover ensures you receive the full sum insured as agreed, without any deductions except for residual value.
New for Old for Partial LossesFor partial losses, our Top Coverage replaces damaged parts up to the full sum insured amount, without any deductions. We ensure your yacht is restored with the care it deserves.
Speed CoverUpon request, we cover damages that occur at high speeds of operating your vessel up to 43 knots.
Protection During Land TransportYour yacht is protected during transports whether on land or sea, including trailered yacht transport on a ferry.
Skipper Liability Insurance includedAs a skipper, our Top Coverage extends to include skipper liability insurance, safeguarding you even during charter turns, including protection against gross negligence.
No DeductibleFor total loss, theft, transport damage, collisions, and fire damage caused by third parties, as well as post-grounding inspections, no deductible will apply in our Top Cover.
Reduced Deductible for LoyaltyYour loyalty means the world to us. With 5 or more years of claim-free coverage under our Top Coverage, your deductible is halved, reflecting our appreciation for your trust.

Tailor-Made Insurance Coverage

At Sealogy we believe that Peace of Mind is absolutely essential to thrive in life and business. Our goal is to contribute to your peace of mind on your maritime endeavours so that you can fully embrace your passion.

We achieve that by providing you with insurance coverage that is meticulousy tailored to your needs and priorities ensuring that you can Navigate with Confidence, knowing you're thoroughly protected every step of the way.

Tailoring insurance coverage to your specific needs and priorities begins by understanding your specific set-up and priorities. It involves considering the level of protection you need and want, the importance of premium costs and the deductibles you’re comfortable with. And then to carefully craft insurance coverage to align with your unique needs and specific circumstances.

At Sealogy, every insurance policiy is as unique as the owner that seeks insurance coverage with us.

Send us a Quote Request and we’ll be happy to provide you with a tailor-made insurance quotation that perfectly suits your needs. And if it’s not exactly right the first time, we’ll refine it until it truly fits you.

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Yacht Insurance - Products and Cover-Concepts

Third Party Liability (TPL) Insurance

Third Party Liability Insurance (TPL) provides vital protection against financial liabilities if your yacht causes damage to other vessels, property, or people. It’s the essential coverage that allows you to navigate with peace of mind, knowing you’re protected. Learn more about our Sealogy Third Partly Liability Insurance for your yacht.

Hull & Machinery (H&M) Insurance

Hull & Machinery Insurance (H&M) covers the physical integrity of your yacht, including its hull and onboard machinery. From unexpected accidents to challenging weather conditions, this coverage ensures your yacht is safeguarded and can be promptly restored. Learn more about our Sealogy Hull & Machinery Insurance for your yacht.

Passenger Accident Insurance

Passenger Accident Insurance offers crucial coverage for any injuries your guests might sustain while aboard your yacht. It’s a reflection of your dedication to their safety, ensuring that everyone can enjoy their time at sea with confidence. Learn more about our Sealogy Passenger Accident Insurance for your yacht.

Sealogy BASIC - Named Peril Cover

Our Sealogy BASIC Cover is a named Peril Cover. That means it provides insurance protection only against specific risks or "perils" explicitly listed in the policy and the Terms & Conditions. If a peril isn't named, it's not covered. For example, if your policy lists theft, grounding and collision as covered perils, then damage caused by any other event would not be covered. Our BASIC Cover is a cost effective way to protect against many of the most relevant risks for yacht owners. In some cases - mostly very special risks - BASIC Cover may be the only cover we can provide. Learn more about our Sealogy BASIC Cover for your yacht.

Sealogy TOP - All-Risk Cover

Our Sealogy TOP Cover is an All Risk Cover. It offers comprehensive protection by covering a wide range of potential risks - except those explicitly excluded in the policy and/or Terms & Conditions. Unlike our BASIC Cover, which only covers specific risks listed in the policy, our TOP Cover offers much broader protection. Seeking insurance coverage based on our TOP Cover is the best way to achieve maximum Peace of Mind on your maritime adeventures. Learn more about our Sealogy TOP Cover for your yacht.Get your Quote