Marine

Reid and Co Financial Services Ltd do not offer general insurance services, however you might be interested to read the brief summaries under the various headings shown in this section. They are purely provided for general guidance only and should not be relied upon. It is important to seek specific advice from a general insurance specialist to ensure any product is suitable for your needs.

Marine and Boat Insurance

With an ever increasing number of marine craft taking to our rivers, lakes and seas, such as speedboats, sailboats, yachts, jet-skis (and gin palaces!) the risk of accidents, collisions and injury becomes greater, so it is vital that you have insurance in place.

Marine Insurance will cover you in the event that someone makes a claim against you, or if you are a victim of theft, you suffer accidental damage, a personal accident or personal injury, or death to you and the people on board your boat or craft.

All classes of marine craft should be insured, including:

• Dinghy Insurance
• Yacht Insurance
• Motor Boat Insurance
• Speed Boat Insurance
• Inland Waterway Craft
• Fishing Boats
• RIB/Inflatable Insurance
• Jet Ski Insurance
• Narrow Boat Insurance
• Laser Insurance
• Windsurfing Insurance
• Rowing Boat Insurance

Everyone's needs are different, but it is vital to understand the level of cover you need before deciding on your policy.

As an example only, a comprehensive marine craft Insurance policy could include the following:

• Third party liability for anyone using your craft with your permission.
• Accidental damage, theft, fire and vandalism to your craft, plus your outboard trailer and other personal effects
• Damage to your craft whilst in transit
• Damage to underwater machinery
• No excess payable on third party claims
• European extensions
• Personal Accident cover
• Racing Risks extension
• Cover whilst afloat or laid-up ashore.
• Cover of sails and covers damaged by vermin
• Legal Protection cover